Originally entering the Albanian market in March 2004 as Banka Popullore, OTP Bank Albania became a part of the OTP Group (Hungary) in 2019, when Societe Generale sold of its shares in Societe Generale Albania to OTP Bank (Hungary).
OTP Bank Albania operates as a universal bank that provides complete financial solutions for natural persons and companies. The bank attends its customers via 50 branches and has 188 ATMs throughout the country.
OTP NYRT | 100.00% |
In 2023, OTP Bank Albania S.A achieved the position of 5th largest bank in Albania with a market share of 9.21%; its total assets grew by 2.68%.
Additionally, the bank became the 5th profitable bank in relation to its total assets showcasing 1.86% return on assets and 17.08% return on equity in 2023.
Also the lender held the 3rd position regarging its loans-to-deposits (L/D) registering 63.01% L/D ratio in 2023.
OTP Bank Albania S.A ranks as the 5th largest bank in Albania by total assets. In 2023 its total assets were 181.37 bln ALL, representing a 9.21% market share. In 2023 the bank's net income was 3,337.33 mln ALL. As of 2023, the bank employed 748 people.
OTP Bank Albania S.A protects deposits up to up to 2,500,000 ALL per depositor through Albania's deposit guarantee scheme. The scheme applies to deposit accounts made by natural persons. The bank participates in the Albanian Deposit Insurance Agency (ADIA), making regular contributions into it.
OTP Bank Albania S.A is a member of OTP Bank (Hungary).
OTP Bank Albania S.A is headquartered in Tirana.
OTP Bank Albania S.A provides products and services in the areas of retail banking, private banking, business banking, corporate banking. OTP Bank Albania S.A offers a range of products including current accounts, debit cards, credit cards, savings accounts, time deposit accounts, consumer loans, mortgage loans, construction loans.
In 2023 total assets of OTP Bank Albania S.A were 181.37 bln ALL. Growth compared to the previous period (2022) was 2.68%. The evolution of the total assets of OTP Bank Albania S.A is shown at Chart 1 below.
Chart 1. Total Assets of OTP Bank Albania S.A.
Recent changes in total assets of OTP Bank Albania S.A and its main components are shown in Table 1.
2022 | 2023 | change (%) | |
---|---|---|---|
Loans | 101.2 | 95.0 | -6.13% |
Total Assets | 176.6 | 181.4 | +2.68% |
Table 1. Recent changes in total assets of OTP Bank Albania S.A (bln ALL).
Recent changes in total liabilities of OTP Bank Albania S.A and its main components are shown in Table 2.
2022 | 2023 | change (%) | |
---|---|---|---|
Deposits | 147.4 | 150.7 | +2.25% |
Total Liabilities | 176.6 | 181.4 | +2.68% |
Table 2. Recent changes in total liabilities of OTP Bank Albania S.A (bln ALL).
In 2023 net income of OTP Bank Albania S.A was 3,337.33 mln ALL. Growth compared to the previous period (2022) was 5.90%. The evolution of the net income of OTP Bank Albania S.A is shown at Chart 2 below.
Chart 2. Net Income of OTP Bank Albania S.A.
In 2023 there were 748 employees of OTP Bank Albania S.A. Decline compared to the previous period (2022) was -8.67%. The evolution of the number of employees of OTP Bank Albania S.A is shown at Chart 3 below.
Chart 3. Number of Employees of OTP Bank Albania S.A.
In 2023 OTP Bank Albania S.A had 188 ATMs in Albania. Decline compared to the previous period (2022) was -11.74%.
In 2023 OTP Bank Albania S.A had 50 branches in Albania. Decline compared to the previous period (2022) was -18.03%.
Discover key identifiers of OTP Bank Albania S.A including its company number.
Company Registration Number: K41424801U
OTP Bank Albania S.A is registered in Albania under company number K41424801U. In Albania,Company Registration Number (Unique Identification Number - NUIS) is assigned automatically when registering a company in the National Business Center (QKB - Qendra Kombetare e Biznesit). NUISes can be used to get information about the company from the National Business Center.
Key | Value |
---|---|
Company Number | K41424801U |
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