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It was originally known as Banka e Kursimeve (Savings Bank of Albania), but following its acquisition by Raiffeisen Zentralbank (RZB) during 2004 [2] it was rebranded as Raiffeisen Bank. Since the acquisition, Raiffeisen has implemented retail lending and services, starting with ATM services and debit cards, and later additional retail activities.
Name Total Assets (2022) [2] Capital Website American Bank of Investments (ABI) 116,270 mln ALL: abi.al: BKT: 491,470 mln ALL: bkt.com.al: Credins Bank (CB) 297,740 mln ALL
Tirana: 1993 P A Bank of Albania: Financials Banks Tirana: 1925 Central bank S A Banka Kombëtare Tregtare: Financials Banks Tirana: 1925 Commercial bank, part of Çalık Holding (Turkey) P A Belle Air: Consumer services Airlines Tirana: 2005 Airline, defunct 2013 P D Big Market: Consumer goods Food retailers & wholesalers Tirana: 1999
Raiffeisen (Albania) T. Tirana Bank; U. Union Bank (Albania) United Bank of Albania This page was last edited on 4 January 2020, at 10:55 (UTC). Text is available ...
Raiffeisen Bank International (RBI), the group's central institution Raiffeisen Zentralbank, the group's former central institution until merger into RBI in 2017; Group subsidiaries in central and eastern Europe: Raiffeisen (Albania) Raiffeisenbank (Czech Republic) Raiffeisen Bank (Hungary) Raiffeisen Bank (Kosovo)
The bank was founded in September 1996 and was the first privately owned bank in Albania. The bank was a subsidiary of Piraeus Bank until August 2018 when the agreement on the sale of Tirana Bank to Balfin Group and Komercijalna Banka was announced. [1] [2] In 2021, Tirana Bank had a market share of 5.46%, making it the 7th largest bank in ...
In 2015 the Raiffeisen Bank made a profit again (379 million euros / $420 million). The bank postponed the sale announced in 2014 of its Polish subsidiary, Raiffeisen Bank Polska SA. Another factor that affected the bank's decision to wait with the sale were the elaborate demands by Polish regulators for bank sales.
In 2004, the largest commercial bank in Albania—then the Savings Bank of Albania—was privatised and sold to Raiffeisen Bank of Austria for US$124 million. Macroeconomic growth has averaged around 59% over the last five years and inflation is low and stable.