{"id":36308,"date":"2022-05-14T11:13:34","date_gmt":"2022-05-14T09:13:34","guid":{"rendered":"https:\/\/euronews.al\/en\/?p=36308"},"modified":"2022-05-14T14:36:02","modified_gmt":"2022-05-14T12:36:02","slug":"bank-of-albania-runs-a-deficit-for-the-first-time-since-its-opening","status":"publish","type":"post","link":"https:\/\/euronews.al\/en\/bank-of-albania-runs-a-deficit-for-the-first-time-since-its-opening\/","title":{"rendered":"Bank of Albania runs a deficit for the first time since its opening"},"content":{"rendered":"<p>For the first time since its foundation, the Bank of Albania has run a deficit.<\/p>\n<p>According to the financial reports, the deficit for 2021 amounted to 15.8 million euros.<\/p>\n<p>The main blow to its expenses came from the negative interest rates that it has to pay to the Central European Bank for its currency reserves.<\/p>\n<p>In total, the bank paid 10 million euros to hold 4.8 billion euros in this reserve.<\/p>\n<p>Even in the case of revenues that come in from the emision of 1-day loans to second-level banks have decreased due to a decline in interest rates.<\/p>\n<p>Over the years, spending for the Bank of Albania has also gone up considerably.<\/p>\n<p>Payments to personnel have gone up by 500 thousand euros this year and a staggering 1.2 million euros since 2013, when this institution counted 504 employees as opposed to 609 that are hired as we speak.<\/p>\n<div id=\"tdb-autoload-article\" data-autoload=\"off\" data-autoload-org-post-id=\"163641\" data-autoload-type=\"\" data-autoload-count=\"5\">\n<div class=\"td-main-content-wrap td-container-wrap\">\n<div class=\"tdc-content-wrap\">\n<article id=\"template-id-190\" class=\"post-190 tdb_templates type-tdb_templates status-publish post\">\n<div id=\"tdi_170_b1a\" class=\"tdc-zone\">\n<div class=\"tdc_zone tdi_171_a8a wpb_row td-pb-row\">\n<div id=\"tdi_172_b76\" class=\"tdc-row stretch_row_1200 td-stretch-content\">\n<div class=\"vc_row tdi_173_abb wpb_row td-pb-row\">\n<div class=\"vc_column tdi_175_c21 wpb_column vc_column_container tdc-column td-pb-span8\">\n<div class=\"wpb_wrapper\">\n<div class=\"vc_row_inner tdi_193_7b7 zmadhim-teksti vc_row vc_inner wpb_row td-pb-row\">\n<div class=\"vc_column_inner tdi_201_1f2 wpb_column vc_column_container tdc-inner-column td-pb-span9\">\n<div class=\"vc_column-inner\">\n<div class=\"wpb_wrapper\">\n<div class=\"td_block_wrap tdb_single_content tdi_203_677 td-pb-border-top td_block_template_1 td-post-content tagdiv-type\" data-td-block-uid=\"tdi_203_677\">\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"editor-tv-wrapper editor-tv-active\">\n<div class=\"editor-tv-component\">\n<div id=\"minute-size-container\">Another high bill has come as a result of the reconstruction of the Dajti Hotel, where the Central Bank will set up its new office spaces.<\/div>\n<div><\/div>\n<\/div>\n<\/div>\n<p>This will be the first time that the Central Bank won&#8217;t bring in any profits to the state budget.<\/p>\n<p>A decade ago, the funding that was allocated to the state budget from this bank was around 40 million euros, whereas in recent years that has gone down to 11.5 million euros for 2021 and 4.7 million euros during the pandemic.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>For the first time since its foundation, the Bank of Albania has run a deficit. According to the financial reports, the deficit for 2021 amounted to 15.8 million euros. The main blow to its expenses came from the negative interest rates that it has to pay to the Central European Bank for its currency reserves. [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":27229,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[153],"tags":[150,151],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bank of Albania runs a deficit for the first time since its opening - Euronews Albania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/euronews.al\/en\/bank-of-albania-runs-a-deficit-for-the-first-time-since-its-opening\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bank of Albania runs a deficit for the first time since its opening - Euronews Albania\" \/>\n<meta property=\"og:description\" content=\"For the first time since its foundation, the Bank of Albania has run a deficit. According to the financial reports, the deficit for 2021 amounted to 15.8 million euros. The main blow to its expenses came from the negative interest rates that it has to pay to the Central European Bank for its currency reserves. [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/euronews.al\/en\/bank-of-albania-runs-a-deficit-for-the-first-time-since-its-opening\/\" \/>\n<meta property=\"og:site_name\" content=\"Euronews Albania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/euronews.al\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-14T09:13:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-14T12:36:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/12\/Banka-e-Shqiperise-1-1024x576-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nen Si\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:site\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nen Si\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/euronews.al\/en\/bank-of-albania-runs-a-deficit-for-the-first-time-since-its-opening\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/euronews.al\/en\/bank-of-albania-runs-a-deficit-for-the-first-time-since-its-opening\/\"},\"author\":{\"name\":\"Nen Si\",\"@id\":\"https:\/\/euronews.al\/en\/#\/schema\/person\/444d280f35e047949b7f0bc08093608f\"},\"headline\":\"Bank of Albania runs a deficit for the first time since its opening\",\"datePublished\":\"2022-05-14T09:13:34+00:00\",\"dateModified\":\"2022-05-14T12:36:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/euronews.al\/en\/bank-of-albania-runs-a-deficit-for-the-first-time-since-its-opening\/\"},\"wordCount\":235,\"commentCount\":84,\"publisher\":{\"@id\":\"https:\/\/euronews.al\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/euronews.al\/en\/bank-of-albania-runs-a-deficit-for-the-first-time-since-its-opening\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/12\/Banka-e-Shqiperise-1-1024x576-1.jpg\",\"keywords\":[\"Kryesor 1\",\"Kryesoret\"],\"articleSection\":[\"Albania\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/euronews.al\/en\/bank-of-albania-runs-a-deficit-for-the-first-time-since-its-opening\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/euronews.al\/en\/bank-of-albania-runs-a-deficit-for-the-first-time-since-its-opening\/\",\"url\":\"https:\/\/euronews.al\/en\/bank-of-albania-runs-a-deficit-for-the-first-time-since-its-opening\/\",\"name\":\"Bank of Albania runs a deficit for the first time since its opening - 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