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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.
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Banking in Albania, in its present form dating from 1992, consists of the nation's central bank - the Bank of Albania - and an expanding network of secondary banks.The Bank of Albania has the task of supervising the financial system, which currently contains 16 privately owned banks and many other financial institutions.
Bank of Albania: 2 September 1925: Gent Sejko: bankofalbania.org: Commercial banks. Name Total Assets (2022) [2] Capital Website American Bank of Investments (ABI)
The bank provides products and services to individuals and small enterprises in Albania. [2] [3] In 2021, the American Bank of Investments had a market share of 5.54%, making it the 6th largest bank in Albania. [4]
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.
United Bank of Albania This page was last edited on 4 January 2020, at 10:55 (UTC). Text is available under the Creative Commons ...
An undated series of banknotes was issued by the National Bank of Albania in 1926. It comprised 1, 5, 20, and 100 franga notes, the first of which was recalled shortly after being released into circulation. In 1939, during the Italian occupation, the 100 franga notes were overprinted to obscure the image of King Zog I.