BANK OF ALBANIA

PRESS RELEASE
Credit Agricole bank in Albania becomes American Bank of Investments

Publication date: 10.12.2015

 

The Bank of Albania informs the public that it has approved the change in the name of the bank Credit Agricole Albania to American Bank of Investments.

The change is based on Decision No 73 dated 7 October 2015 of the Supervisory Council of the Bank of Albania for the preliminary approval of the ownership of 100% of the qualifying holding in the shareholder's equity of Credit Agricole Albania, by Tranzit sh.p.k., which is controlled by two international financial groups: NCH Balkan Fund L.P. and Century Holdings XI, L.P.