Competition Authority of Albania (AKK / CAA)
Ownership as documented
State agency.
Description
Reviews concentrations (bank acquisitions). Its decisions in these deals: No. 501 (15 Mar 2018, NBG Albania to ABI) and No. 580 (17 Jan 2019, Tirana Bank to Balfin). Cleared the Veneto/Intesa deal on 14 Sep 2017 (search summary).
Contracts and money
Figures recorded for the cases linked to this organisation. A figure here is not necessarily paid to or by this organisation; check payer and payee.
Price for Piraeus's 98.83 percent of Tirana Bank
€57,300,000
contractSource label: Officially reportedStated definition: Headline price as reported by SeeNews and Piraeus; not checked for adjustments.
Date: Aug 2018 · Payer: Balfin Group and Komercijalna Banka · Payee: Piraeus Bank
- Albania's Balfin, Macedonia's Komercijalna Banka to buy Tirana Bank from Piraeus (opens in a new tab)SeeNews · Aug 2018 · journalism · EN
Officials and people linked
No person is linked to this organisation in the research.
Investigations and cases
Sorted by reported money, then by linked people and their legal status. The money figure is the largest single reported figure, not a total.
From 2018
Sale of Tirana Bank by Piraeus to Balfin Group and Komercijalna Banka (2018-2019)
Piraeus Bank sold its 98.83 percent stake in Tirana Bank for EUR 57.3m to Balfin Group (Albanian, owned by Samir Mane) and Komercijalna Banka (North Macedonia). The deal was part of an EU-backed…
Status: Completed (March 2019).
From 2 Feb 2018
Sale of NBG Albania by National Bank of Greece to American Bank of Investments (2018)
National Bank of Greece agreed on 2 Feb 2018 to sell 100 percent of Banka NBG Albania to American Bank of Investments (ABI), subject to Bank of Albania and Competition Authority approval. The…
Status: Completed (June 2018, per ABI).
From 14 Sep 2017
Veneto Banca Albania to Intesa Sanpaolo (2017-2018)
After Italy's restructuring of Veneto Banca in 2017, Intesa Sanpaolo bought its Albanian unit. The Competition Authority cleared it on 14 Sep 2017. The Bank of Albania Supervisory Council gave…
Status: Completed (2018).
Sources for this record
Every source the research cites for this record, grouped by its source label. 2 sources.
Source label: VerifiedVerified · 2 sources
- Publisher
- Competition Authority of Albania
- Date
- 17 Jan 2019
- Publisher
- Competition Authority of Albania
- Date
- 15 Mar 2018