The Raiffeisen Bank is the largest bank in
Albania
Albania ( ; sq, Shqipëri or ), or , also or . officially the Republic of Albania ( sq, Republika e Shqipërisë), is a country in Southeastern Europe. It is located on the Adriatic and Ionian Seas within the Mediterranean Sea and shares ...
, with more than 60% of all retail deposits and the largest branch network.
Background
It was originally known as Banka e Kursimeve (Savings Bank of Albania), but following its acquisition by
Raiffeisen Zentralbank
Raiffeisen Zentralbank Österreich A.G. was the central institution of the Raiffeisen Banking Group Austria (RBG). The central bank was merged with its subsidiary Raiffeisen Bank International in 2017.
It functions as the group centre for the ...
(RZB) during 2004
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.
References
{{Reflist
2004 establishments in Albania
Banks of Albania
Raiffeisen Zentralbank
Banks established in 2004