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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.
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.
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.
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
Intesa Sanpaolo Bank Albania was created in 2008 from the merger of two of the country's most important banks: Banca Italo-Albanese (founded in 1993) and the American Bank of Albania (founded in 1998), both acquired by Intesa Sanpaolo Group. In 2021, Intesa Sanpaolo Bank Albania had a market share of 11.01%, making it the 4th largest bank in ...
United Bank of Albania This page was last edited on 4 January 2020, at 10:55 (UTC). Text is available under the Creative Commons ...
The bank was founded by the state-owned National Commercial Bank of Albania (NCBA) and a group of Islamic investors. In 2000 NCBA was privatized and its 40% stake in UBA was acquired by the Ministry of Finance. In March 2009 the Ministry of Finance agreed to sell 40% of its shares to the Islamic Development Bank. [2]
In 2020 the annual award, given by the Governor of the Bank of Albania Gent Sejkoto, was described as an award for Albanian students worldwide who have developed the best diploma theses at the completion of their undergraduate studies, for "research related to monetary and international economics, financial stability, economic integration issues of Balkan countries in the European Union ...