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ABI BANK

ABI BANK
Status: Private Equity

ABI BANK

Albania

American Bank of Investments (“ABI Bank”) was formed in 2015 with the purchase of the former Credit Agricole Albania by Tranzit Finance, a portfolio company of NCH funds, with the participation of the former NCH regional manager. The transaction marked the first time in Albania’s nascent banking industry that a distressed bank was acquired and turned around, as well as the first international private equity presence in the Albanian banking market. ABI Bank is currently one of the ten largest banks in Albania, serving both the commercial and retail banking markets. ABI Bank has pursued growth both organically and through acquisitions; in 2018, it acquired a competing local bank that had been a wholly owned subsidiary of the National Bank of Greece.