Merger myths

05/02/2008 12:00 AM 0 komente

FacebookLinkedinTwitteremailPrint By Christopher Watts* While American Bank of Albania (ABA) and Banca Italo Albanese (BIA) kick off the New Year as Albania’s first merged banking institution, market participants are watching closely for signals whether this merger was a one-off for the sector – or if a new trend is emerging in Albanian banking. Outside Albania, retail banking tie-ups have been commonplace for the last decade or more. Domestic deals often target profitability improvements: They allow management to slash costs in […]

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