, where in december 2022 the level of total deposits was 5. 55 billion euros, an increase of 2. 19 billion euros or 65. 1 percent in the 2022 time horizon compared to 2018. the banking sector throughout this period, despite the continuous double - digit growth of lending, has continued to be well capitalized and liquid. the liquidity ratio of the banking sector continues to be high and above the regulatory requirements of the cbk. the banking sector had the highest level of liquidity during the pandemic period, in 2020, which was 39. 8 percent, while in december 2022 this ratio was 36. 5 percent, higher than the required regulatory minimum of 25 percent. the 2 / 5 bis - central bankers'speeches liquidity coverage ratio ( lcr - liquidity coverage ratio ) is at the level of 212. 1 percent, which is much higher than the required level of 100 percent ( in the third quarter of 2022, this indicator in the eurozone countries was at the level of 162 percent ). the banks'own capital has continued to increase, despite the approval of the distribution of dividends individually for the banks during the last 5 years. as of december 31, 2022, the capital value of the banking sector is 699 million euros from 497 million euros at the end of 2018. while the capital adequacy indicator continues to be above the required regulatory minimum throughout this period, or about 14. 8 percent in end of 2022. in addition to the banking sector, the mfi - nbfi have also recorded a stable performance, where at the end of 2022 the value of the assets of this sector was 387. 7 million euros, an increase of 146. 1 million euros, or 60. 5 percent compared to 2018. as in banks, the main item also among mfi - nbfi are loans that in december 2022 marked the value of 351 million euros, or an increase of 128. 9 million euros or 58. 0 percent, compared to 2018. the stable and qualitative growth of loans is also confirmed by the level of non - performing loans in relation to total loans that at the end of 2022 was 1. 8 percent, lower compared to 2018 when it was 2. 2 %. in relation to this sector, in 2019 the cbk withdrew the registration ( license ) of two institutions, iutecredit and monego. both of these institutions have made numerous court appeals

fehmi mehmeti : during my mandate, the insurance sector was stabilized speech by mr fehmi mehmeti, governor of the central bank of the republic of kosovo, at the end of the mandate press conference with journalists, pristina, 27 march 2023. * * * dear representatives of the media, dear citizens, allow me to thank you for your presence in this last conference, at the end of the 5 - year mandate of the governor of the central bank of the republic of kosovo. also, allow me to thank you for the continuous and effective cooperation that we have cultivated during the last five years and informing the public about the activities of the cbk, as well as the economic and financial developments in the country. communication with the media has been and i hope will be an important part of cbk's activity. through your reporting, we have managed to keep the public well informed about developments in the country's financial system and economy. therefore, i would like to take this opportunity to express my high appreciation for the professionalism shown during this period of time. * * * despite all the difficulties we have faced as an institution, but also me personally as governor, i am happy and proud to inform you that during the last five years the central bank of the republic of kosovo has managed to implement its objectives, providing a stable financial system, and, especially in recent years, managed to successfully cope with the crises caused by the covid 19 pandemic and now the russian aggression in ukraine, but also to be one of the main pillars of support for businesses and individuals, and with this also the country's economy. * * * now, allow me to present before you a summary of the developments that characterized the country's financial system during this period. * * * since march 2018, on the occasion of my decree as governor, we have managed to successfully fulfill our constitutional and legal role through professional decision - making based on good standards and principles of corporate governance, independence and accountability. the financial system in the country during this five - year period has been characterized by positive developments and continuous growth in all its indicators. through the licensing policy, the cbk has continuously aimed to provide the best possible conditions for access to finance in kosovo, enabling the operation in our 1 / 5 bis - central bankers'speeches financial market only of institutions that contribute to the stability and development of the financial system, consequently and sustainable economic development of the country. under my leadership as