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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
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 ...
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]
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 Largest supermarket chain ...
The Institute of Saving Accounts and Insurance was renamed the Savings Bank and spun off in 1991, eventually privatized in 2004 as Raiffeisen Bank Albania (Albanian: Raiffeisen Bank Shqipëri). In 1992, the State Bank was renamed the Bank of Albania and focused on its central banking role as fit for the newly established two-tier banking system ...
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.