If a bank loan has been approved by a woman, then this loan is more efficient. This is confirmed by the International Monetary Fund in its latest report “Women in finance: An opportunity to close the gap”, according to which, such phenomenon is also present in Albania.
“This effect cannot be explained by the selection of the customers or the loan officer or the difference in workloads or experience. The results seem to suggest the capacity of women loan officers in building trustworthy relations with customers applying for a loan”, the report states.
Meanwhile, the report also said that on a global level, the involvement of women in managerial posts in the financial sector is very low. /ibna/