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    Home > News > May 2017    
Tirana Bank Performance Highlights, first quarter 2017

Tirana Bank profit for the first quarter of 2017 marks 2.3 million Euro (before taxes)

Tirana Bank profit for the first quarter of 2017 amounted to 2.3 million Euro (before taxes) reflecting the strong performance of the Bank, being at much higher level compared to the same period of 2016. According to the Bank’s financial statements, the main indicators are very positive.

So, ROA (Return on Assets) marked 1.54% on Q1-2017 compared to 0.67% for Q1-2016 and ROE (Return on Equity) marked 8.50% compared to 3.60% for the same period last year.

As of 31.03.2017 Tirana Bank well exceeded all regulatory requirements introduced by the Bank of Albania in view of Capital and Liquidity. The Capital Adequacy Ratio stood at 19.24% meanwhile Liquidity ratio is at the level of 46%.  

A very strong achievement of the Bank at the 1st quarter is the decrease in NPLs, being lower around 38% compared to the same period last year. This effort is just a component of the business plan for enhancing new business, exploit market opportunities reshaping the bank itself. “We expect a successful year, and not only, in terms of profitability, NPLs management and financial ratios” commented Konstantinos Tsigaras, Chief Financial Officer.

Our dear customers,   We would like to inform you that on 07 and 08 October 2017, due to an Upgrade, there will be temporary interruptions of the ATM, winbank and Debit Card services at the following timetables: 07.10.2017, 01:00-03:00 08.10.2017, 02:00-05:00 We are very sorry for the inco...
Home Loan information for Tirana Bank individual clients
1. Can I get a home loan at Tirana Bank? Yes, you can get a loan at our Bank for purchase / construction / reconstruction of an apartment, villa or office, to develop your business. Tirana Bank through its branch staff gives you detailed credit information such as interest rates, payment method, lo...
Tirana Bank awarded for supportive and anti-discrimination policies.
Yesterday at the "Brigades Palace" took place the publication of the Index of LGBTIQ, an index published for the second consecutive year together with the award of some of the best prices for the best companies that participated in this Index. The event was attended by some of the most important am...
Piraeus Bank recorded a profit of €7mn in Q2.2017
Transition to IFRS 9 Challenges
Brisilda Bala, CFA Manager of Risk Management Department, TIRANA BANK Chairwoman of Risk Management Committee, AAB   This year started for many of us with intensified discussions related to the required actions for transition from IAS 39 financial reporting standard to IFRS 9, and especiall...
Dear Customer,   As a result of the technological changes in the system of Piraeus Bank Greece ATMs network, please be notified that the commissions for cash transactions with debit card in these ATMs will change.     Commissions for using the VISA ELECTRON Debit Card issued by ...
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