Bank of Al­ba­nia al­lo­cates prof­its

China Daily (USA) - - BUSINESS -

Al­ba­nia’s cen­tral bank has al­lo­cated around 1.095 bil­lion lek ($8.8 mil­lion) of its prof­its to the State bud­get, the of­fi­cial sta­tis­tics pub­lished by the Fi­nance Min­istry showed on Sun­day. The min­istry said the Bank of Al­ba­nia prof­its trans­ferred to the State bud­get in 2016 were higher than planned at the be­gin­ning of the year. The prof­its trans­ferred last year amounted to 962 mil­lion lek. The con­tri­bu­tion of the cen­tral bank to the State bud­get ac­counts for only 0.1 per­cent of the coun­try’s GDP.

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