Country Awards for Excellence 2020: Central & Eastern Europe

Albania’s leading banks once again turned in a respectable set of results last year but were unable to compete on either growth or profitability with a newcomer to the market. OTP Albania, the winner of the award for Albania’s best bank, has been part of the Hungarian OTP group since March 2019.

Albania 

Albania

Best bank: OTP Albania

Albania’s leading banks once again turned in a respectable set of results last year but were unable to compete on either growth or profitability with a newcomer to the market. OTP Albania, the winner of the award for Albania’s best bank, has been part of the Hungarian OTP group since March 2019.

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Formerly a subsidiary of Societe Generale, the lender was number five by total assets and number four by loans at the time of the takeover.

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