Credins Bank
 | |
Native name | Banka Credins Sh.A. |
|---|---|
| Type | Private |
| Industry | Banking |
| Founded | 2003 |
| Headquarters | Tirana |
Area served | Albania;Kosovo |
| Key people | Maltin Korkuti (CEO) |
| Products | |
| 2.66 billion ALL (2024) [1] | |
| Total assets | 347.6 billion ALL (2024) [1] |
| Total equity | 24.9 billion ALL (2024) [1] |
Number of employees | 1,168 |
| Website | bankacredins |
Credins Bank is an Albanian bank, established in Albania in March 2003 by a group of businessmen[2] as the first private bank with Albanian capital.[3] The head office is located in Tirana.
In 2021, Credins Bank had a market share of 15.88%, making it the second largest bank in Albania.[2]
In June 2026, the bank had a network of 51 branches and 55 ATMs.[4] In December 2025, it was the second largest bank in the country in terms of total assets and the largest in terms of loan portfolio.[5] Since 2020 Credins Bank has expanded in Kosovo.[6][7][8]
In November 2017, British-based Amryta Capital LLP bought a 14.9% stake in the bank.[9]
History
[edit]In January 2003, the Bank of Albania announced that an application submitted for the licensing of the proposed Banka Credins sh.a.[10] On 31 March 2003, Credins Bank received Bank of Albania license no. 16, authorising it to conduct banking and financial activity in Albania.[11]
In 2013, the European Bank for Reconstruction and Development provided the bank with €10 million in financing for on-lending to small and medium-sized enterprises (SME's) and for trade-finance activities.[12]
Public company registration states that Santo was general director at the time of the bank's establishment and that he was reappointed to the position on 20 January 2009.[13][14] Santo remained chief executive officer and director general until he was shot dead in Tirana on 26 June 2014.[15] Following his death, the shareholders' assembly appointed Maltin Korkuti as general director on 17 July 2014.[14]
In 2017, the Bank of Albania approved UK-based Amryta Capital LLP's acquisition of a 14.9% shareholding interest in Credins Bank through the purchase of BFSE Holding B.V.'s shares for an undisclosed sum.[16]
Sources
[edit]- 1 2 3 "Te dhena vjetore IFRS / Annual Data as per IFRS" (XLSX). Albanian Association of Banks. Albanian Association of Banks. Retrieved 5 June 2026.
- 1 2 thebanks.eu: Credins Bank S.A., 2023-06-16, retrieved 2023-06-16
- ↑ Bitzenis, Aristidis (2009). The Balkans: Foreign Direct Investment and EU Accession. Ashgate Publishing, Ltd. ISBN 978-0-7546-4566-5.
- ↑ "Degët dhe ATM-të e Bankës Credins". www.bankacredins.com (in Albanian). Retrieved 2026-06-05.
- ↑ "Main Financial Indicators of Albanian Banking System" (PDF). Albanian Association of Banks. Albanian Association of Banks. 31 December 2025. Retrieved 5 June 2026.
- ↑ Dept, International Monetary Fund European (2021-02-17). Republic of Kosovo: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of Kosovo. International Monetary Fund. ISBN 978-1-5135-6953-6.
- ↑ "Banka Credins Kosove SHA: Financial Statements for the period from 17 March 2020 through 31 December 2020 with Independent Auditor's Report" (PDF). Banka Credins Kosovë. Banka Credins Kosovë. 31 December 2020. Retrieved 5 June 2026.
- ↑ "List of financial institutions licensed/registered" (PDF). Central Bank of the Republic of Kosovo. Central Bank of the Republic of Kosovo. November 2020. Retrieved 5 June 2026.
- ↑ "Amryta Capital buys stake in Albania's Credins Bank". Reuters. 2017-11-22. Retrieved 2022-10-10.
- ↑ "Mbi kërkesën për marrjen e licencës për të ushtruar aktivitet bankar". www.bankofalbania.org. Retrieved 2026-06-05.
- ↑ "Banks". www.bankofalbania.org. Retrieved 2026-06-05.
- ↑ "€10 million loan for Albania's Credins Bank". www.ebrd.com. Retrieved 2026-06-05.
- ↑ "Mbi kërkesën për marrjen e licencës për të ushtruar aktivitet bankar". www.bankofalbania.org. Retrieved 2026-06-05.
- 1 2 "BANKA CREDINS". opencorporates.al. Retrieved 2026-06-05.
- ↑ "Albanian private bank CEO shot dead outside office". WTOP News. Associated Press. 26 June 2014. Retrieved 5 June 2026.
- ↑ Jonuzaj, Klaudjo (2017-11-23). "Albanian c-bank approves Amryta Capital's buy of 14.9% of Credins Bank | Albania Deals News | SeeNews". seenews.com. Retrieved 2026-06-05.