05 Jul Monthly Reports, July 2022
Credins Invest sh.a. has published on the official website the Monthly Reports, July 2022 regarding the performance of the investment fund “Credins Premium” and pension fund “Credins Pension”
Important information for the investment fund investors:
“The increase in inflation that Albanian economy is experiencing and the increase of the interest rate by the Bank of Albania, have caused a significant upward trend in the interest rates of the Albanian government securities for all maturities.
However, the expectation is that these fluctuations will be within the cyclical nature of the fund considering the investment horizon. The measures being taken by the Albanian government to keep the internal debt rates under control, can bring stability to the financial market in the future.
According to the forecasts of the Bank of Albania, inflation is expected to be at high levels during 2022, to continue with a downward trend during 2023 and then reach the objective at the level of 3% until 2024.
Considering the above, the Fund’s investors are encouraged to be patient, not to make disinvestments influenced by unfavorable market conditions and to have an approach oriented towards the long-term value of their investments.”
For more detailed information, we recommend you to read: