Credins Bank S.A. (Albania)

Address

Municipal Borough no. 5, street, Tirana, Albania

BIC

CDISALTR

Overview

Business Focus

universal banking

Credins Bank S.A. was established in 2003 by a group of businessmen and became the first private bank in the country with Albanian capital.

Credins Bank is a universal bank providing banking products and services to cover customer requirements and empower individuals, families, businesses, and institutions. Credins Bank strongly believes in the values and creative spirit of Albanian people. The bank attends its customers via 51 branches and has 72 ATMs throughout the country.

Explore Credins Bank

Serving Albania Since 2003: Credins Bank has a long-standing presence in Albania
Top Performer: Ranked as 2nd largest bank in Albania
Apply Online: Apply Online for banking products and services wherever you are 24 hours in 7 days a week
Financial Security: Your deposits are protected by the Albanian deposit guarantee scheme (up to 2,500,000 ALL)

Learn More

Shareholders

Renis Tërshana	18.12%	Albania
B.F.S.E. Holding BV	15.10%	Netherlands
Aleksandër Pilo	7.67%	Albania
Bank directors	6.88%
ARMAAR GROUP	5.69%	United Kingdom

Performance

In 2023, Credins Bank S.A. achieved the position of 2nd largest bank in Albania with a market share of 16.41%; its total assets grew by 8.56%.

Additionally, the bank became the 10th profitable bank in relation to its total assets showcasing 0.59% return on assets and 9.07% return on equity in 2023.

Also the lender held the 8th position regarging its loans-to-deposits (L/D) registering 48.49% L/D ratio in 2023.

Market Share (#2 in Albania)

Ratios

RoA

0.59%

RoE

9.07%

L/D

48.49%

Services

Retail Banking: Banking products and services designed especially for you; Cash collection and payments; Investing and Savings;
Business Banking: Business accounts; Financing; Cash Collection and Payments; Treasury and Brokerage
Corporate Banking: Daily management and support in managing your banking activities; International transfers; Trade Finance; FX
Multiple Ways to Bank: Secure online and mobile banking; convenient in-branch service

Products

Current Accounts: Minimum opening amount/Minimum account balance 1,300 ALL (13 Euro); Issue and re-printing of the Debit card; Utility payments by Direct Debit
Deposit Accounts: 1 - 60 months, up to 0,04 %; EUR, USD, ALL
Credit Cards: Visa in ALL, MasterCard in EUR
Retail Loans: Consumer loans; Mortgage Loans; Overdrafts

Currencies

ALL (Albanian lek)

EUR (Euro)

USD (US dollar)

Card Providers

Financials

Total Assets (2023)

323.23 bln ALL (+8.56%)

Net Income (2023)

1,821.88 mln ALL (+56.41%)

Number of Employees (2023)

1,102 (+4.75%)

Credins Bank S.A. is the 2nd largest bank in Albania in terms of total assets. In 2023 its total assets were 323,23 bln ALL, providing the bank with the market share of 16.41%. In 2023 the bank's net income was 1 821,88 mln ALL. Credins Bank S.A. had 1 102 employees in 2023.

Deposit Guarantee

Guarantee Fund

Albanian Deposit Insurance Agency (ADIA)

Protected Amount

up to 2,500,000 ALL

Eligible Depositors

natural persons

Covered Accounts

deposit accounts

Credins Bank S.A. participates in the deposit guarantee scheme of Albania which applies to deposit accounts made by natural persons and covers up to up to 2,500,000 ALL per bank per depositor. Credins Bank S.A. is a member of Albanian Deposit Insurance Agency (ADIA) and makes its contributions into it.