Raiffeisen (Albania)

Last updated
Raiffeisen Bank
TypeBank
IndustryFinance
Area served
Albania
ProductsFinancial Services
Website raiffeisen.al

The Raiffeisen Bank is one of the largest banks in Albania. In 2021, it had a market share of 15.35%, making it the third largest bank in Albania. [1]

Background

It was originally known as Banka e Kursimeve (Savings Bank of Albania), but following its acquisition by Raiffeisen Zentralbank (RZB) during 2004 [2] it was rebranded as Raiffeisen Bank. Since the acquisition, Raiffeisen has implemented retail lending and services, starting with ATM services and debit cards, and later additional retail activities. The bank is also building its corporate and SME businesses.[ citation needed ]

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References

  1. thebanks.eu: Raiffeisen Bank S.A., 2023-06-16, retrieved 2023-06-16
  2. "Raiffeisen in Albania" (PDF). Raiffeisen. Retrieved 8 May 2016.