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Credins Bank is founded as a joint stock company by verdict of Court of Tirana District No. 28969 on date 31 of January 2003.
The activity of Credins Bank is accomplished based on law No. 8269 date 23.12.1997 “On the Bank of Albania”, law no 8365, date 02.07.1998 “On the Banks in Republic of Albania” and on the Decision of the Albanian Bank Supervisor Council, no 22, date 26.03.2003.
Credins Bank exercises bank activity according to licence No. 16, dated 31.03.2003, issued from Bank of Albania.
Based on this licence, Credins Bank owns the right to accomplish these activities:
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a. to accept and collect deposits
b. to give loans
c. to borrow financial means and to buy or sell on its own behalf or on behalf of the clients
- money market instruments
- bonds
- bonds or options regarding bonds or interest rates
- interest rates instruments
d. to accept payments and encashments for the clients
e. to issue ,accept and administer payment means
f. to intermediate in money transaction (including foreign currencies)
g. leasing
h. to offer the safe deposit box service
i. to offer bank guarantees and other guarantees
j. to serve as an agent or a financial advisor (not including here the transactions foreseen in clause 3/a and 3/b of these article) |
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