The European Bank for Reconstruction and Development (EBRD) has announced a financial boost for Albania’s financial sector, with a package of up to €10m ($11.6m) for Tirana Bank to expand its trade operations.
This collaboration represents the EBRD’s inaugural partnership with Tirana Bank, focusing on green financing and trade finance facilities to help local businesses and stimulate regional trade.
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The financial package includes a €5m senior loan to the bank under the SME Reboot Programme to support green investments in Albania’s micro, small and medium-sized enterprises (MSMEs).
Local MSMEs will be eligible for cashback of up to 10% of the loan amount to make these green investments more accessible.
This grant incentive is supported by contributions from Norway, Luxembourg, Switzerland, and the US through the EBRD’s Small Business Impact Fund, with additional support from Denmark.
Additionally, Tirana Bank will receive up to €5m under the EBRD’s Trade Facilitation Programme (TFP) to support trade between countries where the EBRD operates.
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By GlobalDataIt includes guarantee provisions to international confirming banks, mitigating the risks associated with Tirana Bank’s transactions.
The TFP will also provide short-term loans to facilitate various stages of foreign-trade transactions.
EBRD Central and South-Eastern Europe managing director Charlotte Ruhe said: “This collaboration is important for fostering sustainable growth, enhancing regional competitiveness and helping local businesses align with international standards.
“By combining financial tools with technical assistance, we are unlocking new opportunities for innovation and resilience in Albania’s private sector.”
Tirana Bank has a history dating back to 1996, when it was established as the first private bank in Albania, offering financial services to both individual and corporate clients.
The EBRD has been active in Albania for over three decades, with investments exceeding €2.3bn in multiple sectors.
In July 2025, PBZ Leasing secured a €25m loan agreement with the EBRD aimed at enhancing leasing options for Croatian MSMEs.
