financial stability report - Banka Qendrore e Republikës së Kosovës

Financial Stability Report
Number 3
2012, for the first time, the assets of the other MFIs comprised the largest share of MFIs
assets of 53.8 percent (Figure 70).
Figure 70. Structure of MFI assets by size of the
Despite the increasing number of
institutions, in percent
the institutions in the microfinance
100%
industry, the value of the total 90%
28.6%
80%
35.9%
assets in the first half of 2012
46.3%
70%
53.8%
decreased by 4.1 percent, 60%
amounting at 122.6 million euro. 50%
40%
This is because the loans issued by
71.4%
30%
64.1%
53.7%
MFIs, representing the main 20%
46.2%
10%
category of the MFIs assets,
0%
declined by 10.9 percent. In June
June 2009 June 2010 June 2011 June 2012
2012, the value of these loans was
euro 102.6 million (Figure 71).
The number of the total loans
Three largest MFI
Source: CBK (2012)
Other MFI
issued until June 2012 was 55,022, which represents an annual decline of 13.8 percent.
Hence, the average value of a
single loan issued by MFIs
amounted at euro 1,864.9 (euro
1,804.9 in the first half of 2011).
The share of the loans issued by
MFIs to total loans issued by the
financial sector in Kosovo is
relatively low, and is decreasing
(7.5 percent in June 2010; 6.6
percent in June 2011; 5.5 percent
in June 2012).
Figure 71. Loans issued by MFI, in millions of
euro
140
120
100
80
60
40
20
0
In the first half of 2012, the Source: CBK (2012)
performance of MFIs deteriorated,
and concluded the reporting period with a net loss. In June 2012, MFIs reported a net loss
of euro 2.4 million.
104.1
113.9 115.2
102.6
June 2009 June 2010 June 2011 June 2012
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