Top Largest Banks in Albania

Raiffeisen Bank and Banka Kombetare Tregtare are amongst the top largest banks in Albania:

Raiffeisen Bank in Albania is the largest bank in the country and occupies the top position on all major key performance indicators. It was recognized as the "Best Bank in Albania" for the seventh consecutive year by Euromoney, the world's leading monthly publication for the global banking, finance and capital markets. The bank was acquired by Raiffeisen International in 2004 and is Albania's largest bank, with a balance-sheet total of EUR 1.89 billion at the end of the first quarter of 2010.

Banka Kombetare Tregtare (BKT) is the second largest and the oldest commercial bank in Albania. It has been awarded the “Best Bank of Albania for 2010” by The Banker magazine. BKT is the only Albanian bank that has been reaffirmed for the third year in a row by JCR-Eurasia Rating with AAA (Alb). Additionally, it is reelected as Bank of Albania for 2010 by the prestigious magazine EMEA Finance. It has also been honored with the awards of "The Best Bank" in Albania and "The Best Medium Sized Bank" in Southeastern Europe by Finance Central Europe in June 2009.

* Next: Top Largest Banks in Greece

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Kelvin Wong Loke Yuen is a highly experienced education writer. He has obtained many certifications from the UK, USA, Australia and Canada, including an MBA and a Postgraduate Diploma from Heriot-Watt (UK's World-Class University) and a BCom degree from Adelaide (Australia’s Group of Eight University). Follow him on: LinkedIn