About Tirana Bank
Tirana Bank is a company based in Tirana (Albania) founded in 1996 was acquired by Balfin Group in August 2018.. Tirana Bank operates in a competitive market with competitors including Scotiabank, Raiffeisen Bank, Banka Kombetare Tregtare, Intesa Sanpaolo Bank Albania and CREDINS Bank, among others.
- Headquarter Tirana, Albania
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Sectors
Financial Services
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Commercial Bank
& 1 more
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Employee Count
Employee Count
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Acquired by
Balfin Group
(Aug 08, 2018)
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Funding Insights of Tirana Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tirana Bank
Tirana Bank has secured backing from 2 investors. Prominent investors backing the company include Commercial Bank and BALFIN Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Commercial banking services are provided for individuals and businesses.
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Founded Year | Domain | Location | |
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BALFIN Group is recognized as a leading investment group in the Western Balkans.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tirana Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Tirana Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tirana Bank Comparisons
Competitors of Tirana Bank
Tirana Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, Raiffeisen Bank, Banka Kombetare Tregtare, Intesa Sanpaolo Bank Albania and CREDINS Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial banking services are provided in Albania.
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| domain | founded_year | HQ Location |
Provides banking services including accounts, loans, deposits, and digital payments in Albania.
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| domain | founded_year | HQ Location |
Offers banking accounts, loans, cards, and digital services to individuals and businesses.
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| domain | founded_year | HQ Location |
CREDINS Bank provides commercial banking services, including deposits, loans, and payments.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tirana Bank
Frequently Asked Questions about Tirana Bank
When was Tirana Bank founded?
Tirana Bank was founded in 1996.
Where is Tirana Bank located?
Tirana Bank is headquartered in Tirana, Albania.
Who is the current CEO of Tirana Bank?
Dritan Mustafa is the current CEO of Tirana Bank.
What does Tirana Bank do?
Tirana Bank was established in 1996 as a commercial bank headquartered in Tirana, Albania. Operations focus on core financial services such as deposit accounts, lending, and payment processing for individuals and businesses within the country. The bank serves the Albanian market through its domain tiranabank.al, with leadership provided by CEO Dritan Mustafa. Activities are centered on supporting local economic needs in the banking sector.
Who are the top competitors of Tirana Bank?
Tirana Bank's top competitors include Scotiabank, Raiffeisen Bank and Alpha Bank.
Who are Tirana Bank's investors?
Tirana Bank has 2 investors. Key investors include Commercial Bank, and BALFIN Group.