Credins Bank
TypePrivate
IndustryBanking
Founded2003
HeadquartersTirana
ProductsBanking services

Credins Bank was established in Albania in March 2003 by a group of businessmen[1] as the first private bank with Albanian capital.[2] The head office is located in Tirana.

In 2021, Credins Bank had a market share of 15.88%, making it the second largest bank in Albania.[1]

At the end of 2017, the bank has a network of 59 branches and 63 ATM, totaling over 120 locations in Albania.[3] The bank is today the 2nd largest bank in the country in terms of total assets and the 1st or the biggest one in the loan portofolio. Since 2020 Credins Bank has expanded in Kosovo,[4] numbering today 7 branches.

In November 2017, British-based Amryta Capital LLP bought a 14.9% stake in the bank.[5]

Sources

  1. 1 2 thebanks.eu: Credins Bank S.A., 2023-06-16, retrieved 2023-06-16
  2. Bitzenis, Aristidis (2009). The Balkans: Foreign Direct Investment and EU Accession. Ashgate Publishing, Ltd. ISBN 978-0-7546-4566-5.
  3. http://www.aab.al/en/statistics.php Archived 2016-05-26 at the Wayback Machine.
  4. Dept, International Monetary Fund European (2021-02-17). Republic of Kosovo: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of Kosovo. International Monetary Fund. ISBN 978-1-5135-6953-6.
  5. "Amryta Capital buys stake in Albania's Credins Bank". Reuters. 2017-11-22. Retrieved 2022-10-10.
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