List of Banks in Albania: A Comprehensive Guide

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A vibrant cityscape of Tirana showcasing modern buildings and traffic activity.
Credit: pexels.com, A vibrant cityscape of Tirana showcasing modern buildings and traffic activity.

Albania has a well-established banking system with a range of options available to residents and visitors.

The country's banking sector is regulated by the Bank of Albania, which is responsible for ensuring the stability and soundness of the financial system.

There are currently 17 commercial banks operating in Albania, offering a variety of services to customers.

These banks have a strong presence in major cities like Tirana and Shkodër.

Banks in Albania

Albania has a growing banking sector with 11 licensed banks operating in the country. These banks are regulated by the relevant legal framework.

Currently, there are 11 licensed banks in Albania, with domestic and foreign capital. They offer a range of financial services, including granting credits and placing deposits on behalf of their clients.

Here's a list of some of the licensed banks in Albania:

Some of these banks have significant foreign ownership. For example, First Investment Bank AD, Bulgaria owns 100% of Credins Bank, while Raiffeisen SEE Region Holding GmbH, Austria owns 100% of Raiffeisen Bank Albania.

Raiffeisen Bank Sh.A

Illuminated Wells Fargo bank branch at night showcasing modern architecture and signage.
Credit: pexels.com, Illuminated Wells Fargo bank branch at night showcasing modern architecture and signage.

Raiffeisen Bank Sh.A is one of the largest banks in Albania, with a strong presence across the country. It operates through a network of over 80 branches and 200 ATMs.

Raiffeisen Bank Sh.A offers a wide range of financial services, including personal and corporate banking, investments, and insurance.

The bank provides various deposit accounts, such as current, savings, and time deposit accounts, to cater to different customer needs.

List of Banks

Albania has a total of 11 commercial banks operating in the country.

The largest bank in Albania by assets is Banka Kombëtare Tregtare (BKT), which is also the country's oldest bank.

TEB Bank and Raiffeisen Bank International are among the top foreign banks operating in Albania.

The Bank of Albania, the country's central bank, is responsible for regulating and supervising commercial banks.

Banka Kombëtare Tregtare (BKT) offers a wide range of banking services, including corporate and retail banking.

TEB Bank has a significant presence in Albania, with over 100 branches across the country.

Raiffeisen Bank International has a large network of branches in major cities, including Tirana and Vlorë.

The Bank of Albania has implemented several measures to strengthen the banking system and improve financial stability.

The Albanian banking system is relatively small compared to other European countries.

Frequently Asked Questions

What is the biggest Bank in Albania?

BKT is the largest commercial bank in Albania, with a strong presence in the country and Kosovo. Founded in 1925, BKT has a significant market share with assets valued at $4.9 billion.

Raquel Bogisich

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Raquel Bogisich is a seasoned writer with a deep understanding of financial services in the Philippines. Her work delves into the intricacies of digital banks and traditional banking systems, offering readers insightful analyses and expert opinions on the evolving landscape of financial services. Her articles on digital banks in the Philippines and banks of the country have been featured in several leading financial publications, highlighting her ability to simplify complex financial concepts for a broader audience.

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