November 1, 2024
Tirana Bank Achieves a Historic Milestone: Total Assets Reach €1.5 Billion

For the nine-month period from January to September 2024, Tirana Bank reports rapid and sustainable growth, positioning itself as one of the most dynamic institutions in the banking sector in Albania.

For the first time in its nearly 30-year history, the total assets of Tirana Bank have reached €1.5 billion, tripling compared to 2019 when it became part of the BALFIN Group.

This success reflects a swift expansion of the Bank’s activities during the 2019–2024 period. Total deposits have increased from €463 million to €1.2 billion, indicating high customer loyalty and a strong reputation in the market. Meanwhile, the loan portfolio has grown from €200 million to €760 million.

“The results achieved so far are clear evidence of a well-defined strategy for development and support of synergies with the BALFIN Group. However, our success is not measured only in numbers; it lies in our commitment and dedication to the field of digitalization. I would like to express my gratitude to all the companies in the Group, colleagues, collaborators, partners, and clients who trust us every day,”  said Dritan Mustafa, Chief Executive Officer.

Tirana Bank is strongly positioned in the market and is pursuing ambitious plans for sustainable growth and continuous improvement of customer experience through digital solutions.