During the inaugural speech, Executive Vice President, Paul Lind, spoke about the city of Lushnje as an important city in which it was reasonable for ABA to expand its activity.

This new branch is an important step in ABA’s ever expanding network of branches and agencies all over Albania.

In speaking about the quality of service that the branch will provide Mr. Lind explained that,  “Our purpose is to provide citizens with a western standard of service”.

Since its establishment in 1998, ABA has established a network of 9 branches and 7 agencies, including a branch in Athens, Greece.

The new Lushnje branch is located at Sheshi prane Bashkise, Lushnje and is headed by Vilma Prifti, Branch Manager.
———————————————————-

The American Bank of Albania is wholly owned by the
Albanian-American Enterprise Fund (AAEF), a private non-political,
not-for-profit, Delaware-USA, Corporation established pursuant to the
USA Government Act for the support for East European Democracy of 1989.
The Government of the United States of America provided the capital for
the AAEF through a US$30 million grant. The AAEF, which established the
American Bank of Albania in 1998, has as a primary purpose to promote
private sector development of Albania. To accomplish this, it invests
in a wide array of private enterprises and disseminates western
business know-how.

The American Bank
of Albania (ABA) scope is to offer Albanian and foreign citizens high
quality and high security services, to restore the trust of the
Albanian citizens in the Banking System after the economic breakdown
caused by pyramid’s scheme and help the modernization of the Banking
procedures. The Bank was approved by the Bank of Albania and got its
license on August 10, 1998, and opened its doors for business on
September 24, 1998.

Source: American Bank of Albania

Posted by on Jan 13 2006. Filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry