Tirana holds half of the bank savings in the country - BoA: Large differences in the level of deposits by region
Tirana continues to convincingly lead the list of regions with the highest level of bank savings, while Lezha, Shkodra, Elbasan and Korça remain among the regions with the lowest deposits.
The latest data from the Bank of Albania show that savings are mainly concentrated in large urban centers, with clear differences between regions. At the same time, the way in which citizens and businesses keep money in banks has also changed, with a more noticeable increase in deposits in lek during the first quarter, while the euro continues to maintain a significant weight, especially in regions with higher economic activity.
The Tirana region remains unrivaled at the top of the savings list. Deposits in Tirana reach 1 trillion lek, or almost half of the national total. Compared to the beginning of 2025, Tirana has added over 162 billion lek in deposits, reflecting the concentration of economic activity, wages and businesses.
After Tirana comes Durrës, with nearly 120 billion lek in deposits, followed by Vlora and Fier. On the other side of the table, the regions with the lowest level of savings remain Lezha, Shkodra, Elbasan and Korça, where deposits are significantly smaller.
Excluding Korça and Shkodra, which have an increase in savings compared to the first quarter of 2025, all regions result in a decrease in deposits.
Regarding the way in which savings are held, foreign currency, mainly euros, continues to have a large weight, especially in Tirana, Durrës and tourist areas such as Vlora. However, a strengthening of deposits in lek is observed during the first quarter. At the national level, deposits in lek have grown faster than those in foreign currency, a signal that citizens and businesses are trusting the local currency more and are avoiding exchange rate risk.
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