The gradual tightening of banking regulation is forcing some banks to give up some of the assets in suburban affiliates, in order to consolidate the activity in the Euro Zone. The gradual withdrawal of European banking groups is increasing the weight of local actors in the banking system. The largest Albanian-owned bank, Credins Bank, has continued to grow during the whole year.
By the end of June, Credins Bank’s loan portfolio reached to almost ALL 97 billion. Now Credins is the second-largest bank in lending, with 17.2% of the total loan portfolio for the economy.