The loan portfolio for Small and Medium Enterprises (SMEs) at Tirana Bank has grown fivefold since 2019, when the Bank became part of the Balfin Group, surpassing the value of €100 million in June of this year.

This milestone comes as the result of sustained growth over the years and is a clear testament to the market’s trust in the Bank, as well as to the active role that Tirana Bank plays in financing and developing local businesses. Portfolio performance over the years is as follows:

An achievement that reflects dedication and cooperation

The growth of the SME loan portfolio is the result of the SME team’s ongoing commitment, close collaboration with the branch network and the Bank’s support structures, as well as the ability to respond to the evolving needs of clients.

With a proactive and strategic approach, Tirana Bank has managed not only to increase the value of its lending, but also to diversify the sectors it supports, positively impacting trade, construction, agriculture, services, and other key industries for the economy. A clearer picture of the sectors is shown below:

“This achievement is not just a number on a chart, but a clear reflection of the growth of our commercial activity, our expanded presence in the market, and the promotion of synergies between business lines. It is also the result of strong and ongoing cooperation with the branch network. We are proud of this success and motivated to continue supporting Albanian SMEs in their growth and development,” said Idlir Mezini, Director of the SME Department.

This comes as a result of strong and ongoing cooperation with the branch network and reflects the joint vision shared with BALFIN Group for sustainable growth and business empowerment. This milestone in SME financing embodies the commitment to creating opportunities, fostering innovation, and supporting enterprises to grow and succeed.