Immigrants brought over 1 billion euros to Kosovo

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Over 1.2 billion euros have been brought to Kosovo by the diaspora from January to November 2023, around 10.2% more than the same period last year, according to data published by the Central Bank of Kosovo.

According to the report, the largest inflows of remittances came from non-banking financial institutions with a 65% share, followed by other channels with 19%, and banks with 16%.

Regarding the assets of insurance companies, the Central Bank of Kosovo has indicated that their value was 300.6 million euros until this month, showing an increase of around 200,000 euros compared to October 2023.

Meanwhile, the assets of pension funds have reached the value of 2.65 billion euros, marking an increase of 54.3 million euros.

In conclusion, the Central Bank of Kosovo states that the assets of other financial intermediaries at the end of November increased by 2.8 million euros compared to the previous month, reaching the value of 499.4 million euros.

  • Over 1.2 billion euros, the value of remittances from the diaspora
  • 300.6 million euros, the assets of insurance companies
  • 2.65 billion euros, the assets of pension funds
  • 499.4 million euros, the assets of other financial intermediaries

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