Ownership as documented
Balfin Group (majority, per the Bank of Albania decision of 6 Feb 2019: 88.95 percent voting shares) and Komercijalna Banka (9.88 percent).
Balfin (Mane) majority owner after 2019 purchase
Evidence: BoA Supervisory Council decision (6 Feb 2019): Balfin 88.95 percent of voting shares; Komercijalna 9.88 percent.
Description
One of Albania's first private banks (first private bank to start in 1996, per SeeNews/Eureporter). Piraeus Bank sold 98.83 percent to Balfin and Komercijalna Banka in 2018-2019 for EUR 57.3m.
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
Balfin (Mane) majority owner after 2019 purchase
Evidence: BoA Supervisory Council decision (6 Feb 2019): Balfin 88.95 percent of voting shares; Komercijalna 9.88 percent.
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).
Sources for this record
Every source the research cites for this record, grouped by its source label. 1 source.
Source label: VerifiedVerified · 1 source
- Publisher
- Bank of Albania
- Date
- 6 Feb 2019