Full name: Societe Generale Bank Albania Sh.a.
Previous name(s): Banka Popullore (2010)
Legal Form: General Partnership
Operational Status: Operational
Incorporation Date: 20-Mar-04
Societe Generale Albania began operations in March 2004 under the name Banka Popullore. It was established with 100% privately-owned capital by 30 local businessmen.
In April 2007, French banking group Societe Generale acquired a 75% stake in Banka Popullore as part of its push to tap fast-growing markets in south-eastern Europe.
In August 2009, Banka Popullore established a leasing subsidiary – Sogelease Albania. In 2010, the bank changed its name to Societe Generale – Albania.
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