Search results
Results from the WOW.Com Content Network
October – Byzantine civil war of 1352–1357 – Battle of Demotika: Fighting as allies of John VI Kantakouzenos, the Ottoman beylik scores its first victory on European soil, against the Serbs. November 7 – Corpus Christi College is founded as a College of the University of Cambridge in England, by the Guilds of Corpus Christi and the ...
Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Help; Learn to edit; Community portal; Recent changes; Upload file
In the early 1990s, Albania reformed its banking system to establish a two-tier banking system.In 1991, Banka Tregtare Shqiptare (BTSH) was established from the sub-division of the activities of the Albanian State Bank, the main activity of which was managing the foreign trade operations of the state-owned entities with former socialist countries.
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.
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
This page was last edited on 21 November 2021, at 18:49 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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.
In 1925, the National Bank of Albania was created and was awarded concessions to Italian investors. Albanian investors were initially expected to hold a 49% share of the bank's capital, while Italians were to control a 51% share; furthermore, Albanian investors soon sold their shares, mostly to Italian buyers.