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According to Kosovo Central Bank's official data, it is shown that Germany holds the highest number of Investors in Kosovo. Right after Germany, with direct foreign investment comes Albania with 23.32%, then Switzerland with 22.71% and Austria with 15.50%. However the level of unemployment and poverty in Kosovo still stands high. [7]
The following is a list of the exports of Albania. Data is for 2012, in millions of United States dollars , as reported by The Observatory of Economic Complexity . The top ten exports are listed.
The economic reforms in 1991 led to an increase in reserves as the country began to attract foreign investment and trade improved. By the end of the 1990s, reserves reached approximately $30 billion. The 2000s saw rapid growth in reserves due to strong economic growth, trade surpluses, and rising foreign direct investment (FDI). By 2008 ...
According to Santander Bank, foreign direct investment in Albania now accounts for 50% of its GDP. [29] Bank profitability in Albania has dropped significantly in the last six months of 2023. Most international banking groups reported lower return on assets (RoA) and return on equity (RoE) for Albanian operations compared to overall group ...
The Ministry of Finances and Economy (Albanian: Ministria e Financave dhe Ekonomisë) is a department of the Albanian Government, responsible for matters relating to economic policy, the central government budget, taxes, banking, security and insurance, international economic work, central, regional and local government.
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]
Albania's transition from a socialist centrally planned economy to a capitalist mixed economy has been largely successful. [1] " Formal non-agricultural employment in the private sector more than doubled between 1999 and 2013," notes the World Bank , with much of this expansion powered by foreign investment.
The beginnings of Balfin Investment Group started in 1993 in Vienna, where Samir Mane founded Alba-Trade. Having started with the trade of electronic devices, soon the BALFIN Group, created by Mane managed to create the largest network of electronics stores in Albania, Neptun and then extending the network in the neighboring countries of Kosovo and Macedonia.