Half of Albania’s Monetary Wealth Owned by Only Four Percent of Albanians

D.shistohilis - 01.04.2011

Only 4 percent of Albanians own more than half of the country’s monetary wealth, daily Panorama reported Thursday. According to the Bank of Albania, the total amount of deposits in Albanian banks by the end of 2010 was about $7.8 billion. According to Albania’s Deposit Insurance Agency, 55 percent of this amount or $4.3 billion is owned by only 4 percent of depositors.