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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.
Raiffeisenbank or Raiffeisen Bank refers to cooperative banks in Europe that are rooted in the early credit unions of Friedrich Wilhelm Raiffeisen. The name is found in: The name is found in: Raiffeisen Banking Group , Austrian group of cooperative banks
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
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.
The bank suspended the initial public offering of its subsidiary, Raiffeisen Bank Polska, in mid-2017. [11] [12] [13] In August 2021, Crédit Agricole S.A. announced the signing of an agreement to sell Crédit Agricole Srbija A.D. to Raiffeisen Bank (Serbia), a fully-owned subsidiary of Austrian Raiffeisen Bank International AG. [14]
Albania's transition from a socialist centrally planned economy to a capitalist mixed economy has been largely successful. [1] " Formal non-agricultural employment in the private sector more than doubled between 1999 and 2013," notes the World Bank , with much of this expansion powered by foreign investment.
Union Bank, Albania's eighth biggest bank, has bought the smaller Malaysian-owned International Commercial Bank (ICBank), the Albanian central bank told Reuters on Friday. The parties signed the ...
The "gable cross" (German: Giebelkreuz), logo of the Raiffeisen banks in Austria, refers to the traditional Pferdeköpfe [] house ornament Former livestock market branch, Karl-Farkas-Gasse 16 in Vienna Flagship Vienna branch in Looshaus building, purchased by Raiffeisen Bank in 1987 Raiffeisenbank in Pregarten, Upper Austria Head office of Raiffeisenlandesbank Niederösterreich-Wien in Vienna ...