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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.
Banka Kombëtare Tregtare (BKT) [1] is the largest and oldest operating commercial bank in Albania, tracing its roots to the creation of the National Bank of Albania in 1925. In 2021, it had a market share of 26.11%.
In 1965, notes (dated 1964) were introduced by the Banka e Shtetit Shqiptar in denominations of 1 Lek, 3 Lek, 5 Lek, 10 Lek, 25 Lek, 50 Lek and 100 Lek. A second series of notes was issued in 1976 when the country changed its name to the People's Socialist Republic.
Albania (/ æ l ˈ b eɪ n i ə, ɔː l-/ ⓘ a(w)l-BAY-nee-ə; Albanian: Shqipëri or Shqipëria), [a] officially the Republic of Albania (Albanian: Republika e Shqipërisë), [b] is a country in Southeast Europe.
American Bank of Investments operates in the Albanian market since 1999. Original known as Emporiki Bank, a local branch of Greece's Emporiki Bank Group in March 2010 it became part of France's Crédit Agricole Group when it acquired 100% stake at the Greek parent company.
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5 Lekë (5 L) have a value of 5 Albanian lek and is composed of a nickel-covered steel.The coin has been used since 1939 and has been redesigned several times, while also being printed as a banknote for the years 1942-1944 during the Italian occupation of Albania.
The following are the objectives of the Central Bank of Kosovo, as listed in "Objectives," Article 7, Chapter III of the Law No. 03/L-209 [5]The primary objective of the Central Bank shall be to foster and to maintain a stable financial system, including a safe, sound and efficient payment system.