BANK OF ALBANIA

PRESS RELEASE
Guideline on the rescheduling of loan instalments for individuals and enterprises

Publication date: 09.04.2020

 

Following the previous press releases, the Bank of Albania reiterates that individuals and enterprises, whose financial situation was negatively affected by the situation created by Covid-19 and are simultaneously borrowers in banks or non-bank financial institutions will be able to apply for the process of the rescheduling of loan instalments.

Initially, you need to apply for an extension of your loan instalments by explaining the financial difficulties created by the current situation, to each the bank / entity where you have a loan. 

In any case, if you do not have your bank/ entity’s understanding, you can contact the Bank of Albania, to resolve this situation by writing to us at this e-mail address [email protected].

Please specify in your e-mail the name of the bank/ entity with which you have a credit relationship, explain your financial difficulties created by the current situation, and provide us with all the correspondence you have had with the banks/ entities.