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AlbaniaBest bank: Banka Kombetare Tregtare |
Declining non-performing loan ratios and a reviving economy set the stage for a flurry of M&A activity in the Albanian banking sector last year as international shareholders – including Piraeus Bank, National Bank of Greece and Société Générale – took advantage of improved valuations to exit the market. Local buyers took up some of the slack, but the sales also attracted two new players from within the region, Komercijalna Banka from neighbouring North Macedonia and Hungary’s OTP.
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