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Albania

Raiffeissen Bank Steven Grunerud,CEO
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1. What makes your country attractive to investors?

Albania is an emerging market offering ample opportunities. Investing soon will provide first-mover advantages.

2. What are the economic prospects for your country over the next three to five years?

The growth expectation for the real GDP for 2005 and 2006 is 6%, a trend that is likely to continue.

3. How do you foresee the financial sector in your country changing?

An increasing trust in the banking sector is reflected in the rise of deposits. After years of stagnation, loans will also rise.

4. What role will your bank play in your country’s future development?

Raiffeisen Bank is the dominant bank in Albania, representing about half of the market. It will continue to set the local standards.

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Read more about:  Central & Eastern Europe , Albania