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Name Total Assets (2022) Capital Website American Bank of Investments (ABI) 116,270 mln ALL: abi.al: BKT: 491,470 mln ALL: bkt.com.al: Credins Bank (CB) 297,740 mln ALL
The Albanian banking network began its development in 1913 with the establishment of the central bank, but the banking network started its real expansion after the fall of Communism, in 1992. Following the new capitalist market economy structure, this network was established as a two-tier system of the central bank and secondary banks.
The economy of Albania went through a process of transition from a centralized economy to a market-based economy on the principles of the free market . Albania's economy is based on the service (54.1%), agriculture (21.7%), and industrial (24.2%) sectors. [5] The country has some natural resources, and the economy is mainly bolstered by ...
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The country is the 8th most populous country in the Balkans and ranks as the 137th most populous country in the world. The country's population rose steadily from 2.5 million in 1979 until 1989, when it peaked at 3.1 million. [294] Since then, the population has continually decreased every year. [295]
A short-lived monarchical state known as the Principality of Albania (1914–1925) was succeeded by an even shorter-lived first Albanian Republic (1925-1928). Another monarchy, the Kingdom of Albania (1928–1939), replaced the republic. The country endured occupation by Italy just prior to World War II (1939–1945).
Cities and towns in Albania belong to the following size ranges in terms of the number of population: One city larger than 250,000: Tirana. Seven cities from 50,000 to 250,000: Durrës, Fier, Elbasan, Kamëz, Korçë, Shkodër and Vlorë. Four cities from 20,000 to 50,000: Berat, Lushnjë, Pogradec and Kavajë.
530 km 2 (200 sq mi) Albania is a country in Southeastern Europe that lies along the Adriatic and Ionian Seas, with a coastline spanning approximately 476 km (296 mi). [1] Situated on the Balkan Peninsula, it is one of the most mountainous countries in Europe. It is bounded by Montenegro to the northwest, Kosovo to the northeast, North ...