Bank Concentration for Albania
DDOI01ALA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.01
Year-over-Year Change
21.61%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank Concentration for Albania metric measures the assets of the three largest commercial banks as a percentage of total commercial banking assets in the country. This indicator provides insights into the level of competition and risk diversification within the Albanian banking sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Bank Concentration for Albania is an important measure of financial sector development and stability. It reflects the degree of market power and systemic risk in the banking industry, which can have implications for access to credit, interest rates, and the overall resilience of the financial system.
Methodology
The data is collected and calculated by the World Bank based on national banking regulatory and supervisory reports.
Historical Context
Policymakers and analysts use this metric to assess the competitiveness and potential vulnerabilities of the Albanian banking sector.
Key Facts
- Bank concentration in Albania was 78.1% in 2020.
- The three largest banks account for the majority of total banking assets.
- High bank concentration can reduce competition and increase systemic risk.
FAQs
Q: What does this economic trend measure?
A: The Bank Concentration for Albania metric measures the assets of the three largest commercial banks as a percentage of total commercial banking assets in the country.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the level of competition and risk diversification within the Albanian banking sector, which can have implications for access to credit, interest rates, and the overall resilience of the financial system.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national banking regulatory and supervisory reports.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the competitiveness and potential vulnerabilities of the Albanian banking sector.
Q: Are there update delays or limitations?
A: The data is updated periodically by the World Bank, but there may be some delays in reporting.
Related Trends
Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Albania
DDOI12ALA156NWDB
Geographical Outreach, Liabilities: Households' Outstanding Deposits at Other Financial Corporations, Other Financial Intermediaries for Albania
ALBFCLOFMHXDC
Use of Financial Services: Key Indicators, Outstanding Loans from All Microfinance Institutions (MFIs) for Albania
ALBFCSODMFGGDPPT
Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Albania
ALBFCSODCXDC
Number of Identified Exporters to Albania from Wyoming
WYALBA475SCEN
Use of Financial Services, Assets: Outstanding Loans at Non-deposit Taking Microfinance Institutions (MFIs) for Albania
ALBFCSMMFXDC
Citation
U.S. Federal Reserve, Bank Concentration for Albania (DDOI01ALA156NWDB), retrieved from FRED.