Raiffeisen Albania
Encyclopedia
The Raiffeisen Bank is currently the largest bank in Albania
Albania
Albania , officially known as the Republic of Albania , is a country in Southeastern Europe, in the Balkans region. It is bordered by Montenegro to the northwest, Kosovo to the northeast, the Republic of Macedonia to the east and Greece to the south and southeast. It has a coast on the Adriatic Sea...

, 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 (RZB) during 2004 it was rebranded 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.
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