One in five Albanians has never heard of current or savings accounts
About 20% of Albanians are unaware of basic financial services such as current and savings accounts, according to a recent Bank of Albania working paper analysing results from a European Union-funded financial literacy survey.
According to Financial literacy in Albania: survey results for measuring financial literacy of the population by Kliti Ceca, Arlinda Koleniço, Egnis Isaku and Borana Haxhimusaj, less than 40% of respondents have a savings account and only 51% have a current account.
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