New merger cuts number of Albania commercial banks to 13
By Tirana Times
Story Highlights
- Albania’s competition authority says it has okayed the sale of the International Commercial Bank, the Albania unit of Switzerland-based ICB Financial Group Holdings with units also in Tanzania and Bangladesh, to Albanian-owned Union Bank, where London-based European Bank for Reconstruction and Development also holds a minority stake.
Related Articles
TIRANA, Jan. 17 – A new merger and acquisition between two small banks has reduced the number of commercial banks operating in Albania to 13, down from a decade of
By Tirana Times
