Tranzit

Country
Albania

Description
Tranzit is a regional, licensed financing company providing debt purchase, collection, and financing solutions to companies and individuals in Albania. In 2013, Tranzit successfully completed the first secondary market transaction in Albania, purchasing a large portfolio of consumer and small business loans from the largest bank in the country. Through similar transactions, Tranzit has begun to create a liquid secondary market for the local banking system previously unavailable. Today, Tranzit is a fully integrated micro and SME financing platform, with state of the art technology servicing thousands of customers in Albania. Leveraging NCH's years of experience providing capital to companies and entrepreneurs in various industries across the region, Tranzit's objective is to become the leading regional provider of flexible financing options. In 2015, Tranzit acquired the Albania subsidiary of Credit Agricole, now named American Bank of Investments.

Status
Currently owned
 






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