Banks in Albania earned over 300 million euros in the January-September period, as 2026 is being profiled as another golden year for the financial sector. Official data published by the Association of Banks show that at the end of September 2026, the cumulative net profit of all 12 banks operating in the country reached about 27.4 billion ALL or 301 million euros. increasing by over 5.2 percent compared to the same period last year.
Who are the “Giants” who are sharing the profit cake?
The market remains concentrated in a few big players, with the two main banks controlling more than half of all profit made in the country.
The National Commercial Bank is again confirmed as the most profitable machine of the system. According to the data, BKT collected a cumulative net profit of 101.67 million Euros (9.24 billion Lek), accounting for 33.7% of all national profitability.
In second place is Raiffeisen Bank, whose profit for the 9th month was 61.34 million Euros (5.57 billion Lek) or about 20.3% of the entire market.
OTP Albania is consolidated as the third most profitable bank in the country with a net profit of 33.02 million Euros (3.0 billion Lek). Meanwhile, Tirana Bank and American Investment Bank close the top five, contributing respectively 26.63 million Euros (8.8%) and 25.17 million Euros (8.3%) of the market.
The assets of the system touch the value of 26.7 billion Euros
This galloping expansion of profits is moving in parallel with the increase in the overall volume of the sector. The total assets of the entire banking system touched the value of 26.79 billion Euros (2.43 trillion Lek).
At the same time, the deposits of citizens and businesses in banks have broken another historical ceiling, reaching 22.18 billion Euros (2.01 trillion Lek).
Employment and branches increase
In order to cope with this massive volume of transactions and investments, banks have not spared human resources and field extension. The number of employees in the sector has increased to 8,007 employees, with an increase of over 7 percent compared to the previous year.
In addition, the physical network of branches was expanded to 447 points throughout the country, where the greatest extent is enjoyed by BKT (62 branches), Credins (52 branches) and OTP Albania (50 branches).
In conclusion, this 9-month is proving that despite the strengthening of the Lek and geopolitical fluctuations, the banks in Albania are functioning like a real financial machine, producing over 301 million Euros in net profit in just 9 months.
