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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]
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 ...
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 ...
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 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.
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
All the financial activities in Albania are administered and regulated by the Albanian Financial Supervisory Authority (AFSA). [2] Mark Crawford, Head of the American Chamber of commerce, recently stated in an Interview that the Albanian Securities Exchange (ALSE) will soon make the field better by attracting the foreign investors . [ 3 ]
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.