Company:Credins Bank

Credins Bank

Type	Private
Industry	Banking
Founded	2003
Headquarters	Tirana
Products	Banking services
Website	[1]

Credins Bank was established in Albania in March 31, 2003 as the first private bank with Albanian capital. The head office is located in Tirana.

At the end of 2017, the Bank has a network of 58 branches and 63 ATM totaling over 120 locations all over Albania. The bank is today the third largest bank in the country.

History

Timeline

2003 Credins bank opened its first office in rruga Ismail Qemali, in march of this year, and later opened two agencies in Tirana and Durrës. The bank had a staff of 25 people

2004 started to offer American Express travelers check and expanded with 7 more branches. At the end of 2014, the number of customers reached 12.000 and the staff 55.

2005 Branches reached 12, the staff 113 and the customers 25.000.

2006 The Bank started offering internet banking. Branches reached 17, staff 170 and customers 36.740

2007 The Bank became acquirer and issuer of Visa Card in Albania . Branches reached 25,customers 45.724.

2008 Credins Bank celebrates its 5th anniversary with two new shareholders Financial Sector Equity Holding B.V. (BFSE Holding B.V.) represented by Development Financial Equity Partners (DFE) and SECO represented by Swiss Investment Fund for Emerging Markets (SIFEM AG). Branches 26, staff 386 and customers 73.402

2009 Credins Bank signs a loan agreement with European Fund for South East Europe (EFSE). Branches 32, staff, customers 93.098.

2010 Credins banks ranks 5th biggest bank in Albania, it gets its license Gold trading, signs an agreement with the Black Sea Trade and Development Bank.

It receives the Award "The most innovative bank of the year" by the Chamber of Commerce and Industry of Tirana.

2012 Credins Bank launches for the first time in the country the prepaid Visa Card. Branches 47, customers 182.000.

2013 Credins Bank signs an agreement with IFC (Agreement with IFC supports renewable energy sector in Albania with a loan of 10 million Euros)

2014 Credins Bank was awarded with the national price of philanthropy from “Partners Albania” for “Considerable and impactful social contribution in the community life , to specially mention health, education, art and culture”.

2015 Credins Bank continuous the steady growth becoming one of the five major banks of the country

2016 Credins Bank closes the year ranking third largest bank in Albania https://www.scan-tv.com/rezultatet-e-credins-kredia-rritet-me-11-5-dyfishohet-fitimi/ On March, the bank moved to the new headquarter at Vaso Pasha street http://bankacredins.com/wp-content/uploads/2017/02/Credins-Bank_final.compressed.pdf; the bank launched its first Mastercard contactless.

2016 https://bankacredins.com/documents/raport/Banka_Credins_Raporti_vjetor_al_2016.pdf

2017 Follow company updates on Linked In https://www.linkedin.com/company/credins-bank/ World Money Week – Credins Bank finances three awards! Credins Bank signs agreement with SSI. According to this agreement, SSI hands to Credins Bank the service for payment of pensions and other benefits administered by the institution. Credins bank shareholding on the first private stock exchange "ALSE" Albanian Stock Exchange Credins is now the second largest bank in lending. Credins Bank grows 10% in just nine months with total assets reaching ALL 174 bln. Credins Bank is honored with the “Golden Award” Prize from SOS. Annual Report 2017 available at the official website [2]

2018 For the second year in a row, Credins Bank has distributed the “Life on Savings” Loyalty Fund to about 105 employees of different affiliate categories, not only in the capital, Tirana, but also in the districts, as part of their contribution for more than 7 years [3]

Sources

• http://www.aab.al/en/statistics.php
• https://www.scan-tv.com/rezultatet-e-credins-kredia-rritet-me-11-5-dyfishohet-fitimi/
• https://www.bankacredins.com/index.php/credins-bank-shkon-ne-fifa-world-cup-me-visa-dhe-zlatan-ibrahimovic/

External links

• Credins Bank Official Website