American Bank of Investments (ABI Bank) is a privately owned commercial bank headquartered in Tirana, Albania. Founded in 1999, it provides banking and financial services to individuals, small businesses, and corporate clients across Albania. ABI is licensed and regulated by Bank of Albania.[1]
The bank was originally known as Intercommercial Bank and after several name changes, was rebranded Emporiki Bank, operating as a local branch of Greece's Emporiki Bank Group. In March 2010 it became part of France's Crédit Agricole Group when it acquired 100% stake at the Greek parent company. In October 2015 Crédit Agricole Albania was acquired by Tranzit sh.p.k, a subsidiary of NCH Capital, a multi-billion dollar private equity fund based in New York and registered with the Security and Exchange Commission (SEC). Subsequently, Credit Agricole Albania changed its name to American Bank of Investments.[2][3][4][5] As of March 2025, ABI Bank has a network of 28 branches in major cities throughout Albania and a total of 436 employees.[6][7]
History
American Bank of Investments (ABI) was established in 1999 originally known as Intercommercial Bank and after several name changes, was rebranded Emporiki Bank Albania, a subsidiary of Greece's Emporiki Bank Group. It operated as a local branch, providing financial services in Albania for over a decade.
In March 2010, France's Crédit Agricole Group acquired a 100% stake in Emporiki Bank Group, bringing the Albanian subsidiary under the Crédit Agricole Albania brand.[8]
In October 2015, Crédit Agricole Albania was acquired by Tranzit sh.p.k a subsidiary of NCH Capital, a multi-billion dollar private equity fund based in New York and registered with SEC (Security and Exchange Commission).[9] Following the acquisition, the bank was rebranded as American Bank of Investments (ABI Bank) and shifted its focus toward expanding its presence in the Albanian financial sector.
In July 2018, ABI acquired Banka NBG Albania, the Albanian subsidiary of National Bank of Greece (NBG). This acquisition led to the merge of the two banks.[10][11]
ABI Bank owns 100% of ABI Invest and ABI Broker, operating in investment and insurance markets. ABI Bank is a shareholder of the Albanian Stock Exchange (ALSE) and the Albanian Securities Register (ALREG) the first depository for non-government securities in the Republic of Albania.[12][13]
As of December 2024, ABI had a 6.7% market share in terms of total assets, ranking as the 7th largest bank in Albania.[6]
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