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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.
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. In 1992, Banka Kombëtare e Shqipërisë (BKSH) was created by a second sub-division of the ...
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.
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.
Latvijas Banka: 1991 Lebanon: Lebanese pound: Banque du Liban: مصرف لبنان: 1963 Lesotho: Lesotho loti: Central Bank of Lesotho: Banka e Kholo ea Lesotho: 1978 Liberia: Liberian dollar: Central Bank of Liberia: 2000 Libya: Libyan dinar: Central Bank of Libya: مصرف ليبيا المركزي: 1956 Liechtenstein: Swiss franc: National ...
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.
He was disappointed by the Austro-Hungarian authorities and Ismail Kemal personally, after Kemal's approval for the creation of an Austro-Italian bank (named the Bank of Albania - Albanian: Banka e Shqiperise). The bank was feared amongst Albanians as a means of massive purchasing of land and controlling the future economy of Albania. [22]
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