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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 ...
Hotel Dajti was a hotel near Rinia Park on Dëshmorët e Kombit Boulevard in central Tirana, Albania.Carrying the name of nearby Dajti Mountain, it was the primary center for international visitors and diplomats during Albania's socialist period; the guest rooms were bugged with microphones, and there was a sub-basement floor for listening staff.
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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.
The bank was founded in September 1996 and was the first privately owned bank in Albania. The bank was a subsidiary of Piraeus Bank until August 2018 when the agreement on the sale of Tirana Bank to Balfin Group and Komercijalna Banka was announced. [1] [2] In 2021, Tirana Bank had a market share of 5.46%, making it the 7th largest bank in ...
Union Bank was established in Albania on January 11, 2006, [1] as the second bank with Albanian capital. The head office is located in Tirana. In 2017 it employed 349 people and had 31 branches throughout Albania. [2] In 2021, Union Bank had a market share of 4.53%, making it the 8th largest bank in Albania. [3]
The idea to build a royal palace on one of the hills of Sauk, near what was later to become the Grand Park of Tirana, was first conceived by King Zog I in the 1930s. . Because of the limited funds of the nascent Albanian state, the then Minister of Finance, Mufid Libohova, entered into negotiations with a group of Italian financiers represented by Mario