Albanian investments abroad have surged over the past three years. A trend that began in 2008, it has now become a reality, not only growing in terms of financial investment but also in the geographical and territorial expansion of local businesses, beyond Albania.
Capital growth and portfolio diversification are driving the expansion into new investment territories, impacting not only neighboring countries like Kosovo and North Macedonia, but also broader European nations such as Austria and Switzerland, and even extending to the United States.
This investment demand is consistently supported by liquidity from the financial and banking system, with the goal of making the entire process as stable and secure as possible for businesses
In this tangible success of Albanian businesses in international markets, which at the same time proves local stability, OTP Bank Albania has been contributing for a long time as a catalyst and key player in supporting local entrepreneurship inside and outside the country
With a special focus on service quality and effective financial instruments dedicated into promoting development and expansion, OTP Bank Albania provides stable support to many local companies that want to expand internationally. This support has helped businesses take advantage of new opportunities, increase production capacity and moreover invest in new technologies.
Successful partnerships in international expansion
A strong example of this contribution and commitment is the partnership with Everest, a construction group that has expanded its operations internationally, thanks to the support and financial guidance of OTP Bank Albania. The fruitful collaboration between the two clearly demonstrates how a leading banking institution, through swift financing and tailored solutions, can help an ambitious business establish a strong presence in key international markets, creating a competitive advantage and an international customer base.
OTP Bank Albania has ensured to Everest a continuous support in order to meet liquidity demands in the framework of abroad investments offering not only financing, but also high-level strategic advice to be successfully positioned in the market, as it is currently in the States United States of America.
This peculiar commitment, centered on fast and flexible service and of course without losing the portfolio quality, is rooted in OTP Bank Albania’s mission in helping businesses to achieve international objectives meanwhile contributing to growing Albania’s reputation as a hub for innovative businesses willing to export.
The excellence in the quality service is also one of the essential values that OTP Bank Albania embraces and encourages also to its customers.
In this context, Mr. Dorian Shera, CFO of Everest Group, gladly appoints:
“The collaboration between Everest Group and OTP Bank Albania has been highly successful. OTP Bank Albania has shown great responsiveness in financing us during periods of liquidity needs throughout the investment phase. Moreover, the bank has consistently supported us at every stage of the financing process. As a result of this partnership, Everest Group has expanded its production capacity, leading to a natural increase in financial benefits.”
The Corporate Banking team at OTP Bank Albania has played a key role in driving these advancements. Through personalized service and strategic financial guidance, the bank has supported the company in navigating the complexities of business.
“An important factor that we highly value, – Mr. Shera continues, – is relationship management specifically, the impact that OTP Bank’s business services have had and continue to have by providing suitable solutions for our financing needs.
We have always received timely and high-quality support and solutions from OTP Bank for any requests or uncertainties. Notably, the Corporate Banking team has assisted us both before and after finalizing the financing. Given that our financing needs have often been ‘urgent’, the bank’s responsiveness and support have consistently been excellent. We hope the partnership between us continues for as long as possible!”
OTP Bank Albania’s business service strategy focuses on delivering personalized financial solutions, tailored to the unique needs of each client. By working closely with businesses OTP Bank develops flexible solutions to address challenges whether the goal is expanding product lines, entering new markets, or adopting new technologies. This approach ensures that businesses are well-equipped to adapt to changing market conditions and sustain a competitive edge.
Mr. Ferid Shijaku, Manager of Business Banking Division and Member of the Management Board at OTP Bank Albania shares his insights on these results and the partnership strategies towards the business, specifically with Everest:
“It is always a pleasure in our work when we see that the financing we provide has a positive impact on the financial performance of companies, but in the case of Everest the satisfaction is particularly special. We have supported a business in expanding beyond Albania, into highly competitive markets that are virtually limitless in size. We take pride in seeing Albanian businesses evolve without interruption and transforming from traders of products from around the world, to manufacturers or service providers that replace imports and many of them even becomeing exporters of products already labeled as ‘made in Albania.’ Our bank will continue to support these businesses with the same enthusiasm as this the only way to increase prosperity and employment in our country.”
OTP Bank’s commitment to supporting local businesses and promoting economic growth in Albania will continue to be demonstrated through its strategic partnerships and tailored financial solutions. The success of companies like Everest Group highlights the bank’s ability to provide not only financing, but also consulting and relationship management which are essential for business expansion.
As OTP Bank Albania continues to invest in the future of Albanian businesses, as part of OTP Group—the fastest-growing leading banking group in Central and Eastern Europe, it remains a key player in helping local companies achieve their goals and contribute to the ongoing economic development of the country.