Tirana Bank Sh.a. (Albania)

Tirana Bank Sh.a. is a financial institution located in Tirana, Albania. The bank offers leasing services, which is an effective way for companies to finance the purchase of assets. Leasing is a process where the lessee (corporation, SME, or micro) uses an asset, which is the subject of the leasing contract, and makes periodic payments until the full value of the asset is paid off. Until the completion of these payments, the ownership of the asset remains with the lessor. The assets that can be financed through leasing include motor vehicles, watercraft, equipment and machinery, and non-depreciable assets such as industrial, commercial, and residential properties. Leasing offers advantages compared to loans, such as better financing terms, no need for collateral as the asset itself serves as collateral, 100% deductible monthly expenses for tax purposes, and the ability to depreciate an asset that has not been fully paid off. Tirana Bank Sh.a. can provide financing for up to 90% of the asset's purchase value for a suitable period, depending on the type of asset. For more information, interested parties can contact the bank via email at L.dallaku@tiranabank.al or by phone at 069 40 10 758.