Awards for Excellence 2009: Albania

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Awards for Excellence 2009: Albania

Best Bank: Raiffeisen Bank

In 2008, Raiffeisen Bank continued to go from strength to strength in Albania, where it remains the premier financial services player by a huge margin, offering a wide range of products and services through its universal banking platform. As the country’s clear market leader, Raiffeisen is the number one bank in Albania in deposit volumes, assets and loans. It serves more than 500,000 customers through its 100-strong branch network, which is twice as large as its nearest competitor’s. Despite the financial crisis that hit the international banking markets in 2008, the bank increased its assets by 5% to €2.04

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