The Supervisory Council of the Bank of Albania decided today to keep the base interest rate unchanged. The decision reflects a cautious approach amid continued economic growth and an uncertain external environment.

First, Governor Gent Sejko said at a press conference that the overnight deposit and lending rates for the Albanian lek remain at 1.5% and 3.5%, respectively.

Next, Sejko highlighted the positive performance of the Albanian economy.
“Economic activity continues to expand. Employment and wages in the non-agricultural private sector are rising. Inflation remains low, financial markets are stable, and credit to the private sector is growing at solid rates,” he said.

Furthermore, he noted that the current monetary policy creates favorable conditions to support economic growth and gradually bring inflation back to target.
“In the baseline scenario, these trends are expected to continue. Albania’s economy is projected to maintain steady growth over the next two years, while inflation should return to target during 2026,” Sejko added.

Finally, the governor stressed global risks. He mentioned that developments abroad, especially tensions in the Middle East, remain an important source of economic uncertainty. Therefore, the Bank of Albania will closely monitor global events and intervene if necessary.

Keeping the interest rate unchanged aims to balance support for economic growth with the goal of ensuring price stability in the country.

/a.c/