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List of international financial institutions: . African Development Bank; Asian Development Bank; Asian Infrastructure Investment Bank; Bank for International Settlements; Black Sea Trade and Development Bank
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
The Albanian banking network began its development in 1913 with the establishment of the central bank, but the banking network started its real expansion after the fall of Communism, in 1992. Following the new capitalist market economy structure, this network was established as a two-tier system of the central bank and secondary banks.
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The bank accomplished its privatization process in the year 2000. Particularly on 6 July 2000, The Albanian Parliament approved the sale contract between the Ministry of Finance and the Consortium of International Investors consisting of Kentbank with 60% of the shares, International Finance Corporation (IFC) with 20%, and European Bank for Reconstruction and Development with 20%.
The bank was founded in 1925 in Rome as the National Bank of Albania (Albanian: Banka Kombëtare e Shqipnis, Italian: Banca Nazionale d’Albania, Albanian acronym BKS or BKSH), replaced in 1945 by the state-owned Albanian State Bank based in Tirana (Albanian: Banka e Shtetit Shqiptar, BSS or BSHSH), before taking its current name in 1992.
International Bank may refer to: International Bank for Reconstruction and Development, an international financial institution belonging to the World Bank, formed in 1944; International Bank of Commerce, a bank in Texas, founded in 1966; International Bank (Liberia), a Liberian bank created in 1960; International Bank of Azerbaijan, a global ...
Union Bank was established in Albania on January 11, 2006, [1] as the second bank with Albanian capital. The head office is located in Tirana. In 2017 it employed 349 people and had 31 branches throughout Albania. [2] In 2021, Union Bank had a market share of 4.53%, making it the 8th largest bank in Albania. [3]