Latest articles from Albania

Xhentil Demiraj, debt director, Albanian Ministry of Finance
From World / Central & Eastern Europe / Albania

Albania times Eurobond debut to perfection

Despite its close proximity to crisis-hit Greece, Albania made its first foray into the Eurobond market last year. After agonising over when to issue the deal in such a volatile market, it would seem that the timing of the launch was just right. Writer Joanne Hart

Albanian banking sector grow
From World / Central & Eastern Europe / Albania

Albania's banks take small steps

Now Albania has emerged from the financial crisis in relatively sound health, its banks are setting their sights on prudent expansion.

From World / Central & Eastern Europe / Albania

To the Balkans and Beyond

Over the past decade, Greece's leading banks have expanded into south-east Europe. To remain competitive, however, they will now need to weather the financial storm and continue to focus on increasing their presence in the Balkans and the rest of eastern Europe. Writer Kerin Hope

From World / Central & Eastern Europe / Albania

Albania

Raiffeissen Bank
Steven Grunerud,CEO

From World / Central & Eastern Europe / Albania

Albania’s slow awakening

As the economy continues to expand, foreign banks are gradually moving into Albania, with growth in lending and consolidation. Kerin Hope reports.

From World / Central & Eastern Europe / Albania

Albania sells off Savings Bank for $126m to Austria’s RZB

Austria’s Raiffeisen Zentralbank (RZB) has expanded its role in central and eastern Europe with the 100% acquisition of Albania’s largest bank, the Savings Bank of Albania. Following the failure of earlier attempts to privatise the bank, plans were announced by the government last September to sell it by tender and RZB paid $126m for all the bank, representing a 2.5 multiple ofbook value.

From World / Central & Eastern Europe / Albania

Austria’s RZB buys Albania’s biggest bank

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