Annual Report of 1999 - Third Chapter - Financial Statements of the Bank of Albania
Production date: 01.03.2000
Printed on: 01.03.2000
Author: Bank of Albania
Material category
Periodic Publications, Annual Reports
Short Description
During the ‘90’s, the structure of the Albanian banking system has changed in
favor of the increase of the number of banks in general and the increase of
private banks with foreign capital. Starting from three commercial banks with
state capital that were inherited from the past system, at the end of 1999 the
Albanian banking system consisted of 13 second-tier banks. Three new private
banks started their activity in 1999.
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