Albania’s Credins Bank 9-mo net profit flattish y/y

The lender’s loan portfolio totalled 152.3 billion leks at the end of September, up from 148 billion leks a year earlier, Credins Bank said in an interim financial report last week.

Total assets increased to 304.6 billion leks, from 292.5 billion leks at the end of September 2022.

Credins Bank’s deposit portfolio rose to 267.5 billion leks as at end-September, from 261.3 billion leks a year earlier, the Albanian banks association said earlier.

Credins Bank was the second largest bank among eleven banks operating in Albania at the end of September, holding 15.8% of the total assets of the country's banking system, according to the association.

(1 euro=104.558 Albanian leks)