Albania is one of south eastern European countries that have shown promising economic growth potential. It has been increasingly attracting foreign direct investment and possesses a strong agriculture and natural resources industry.
Albania’s Main Industries
Albania’s Main Stock Exchange
The main stock exchange in Albania is:
- 1. Tirana Stock Exchange (TSE)
- Previously operated as one of Albania’s central bank departments before becoming independent
- Is a member of the Euro-Asian Federation of Stock Exchanges (FEAS)
- Principal areas of exchange trading
i. Equities
ii. Treasury bills
iii. Government and municipal bonds
iv. Corporate bonds
Albania’s Economic and Investment Climate
Due to a combination of low debt levels and an absence of a housing bubble, Albania has weathered the recent global recession quite well. Foreign investment in Albania grew by around 173% from 2006 to 2009 reflecting a strong investment climate and outlook.
Albania’s banking system continues to develop amid its progress towards a developed market economy, providing a stable financial system environment.
Natural resources are considerable, and include oil, gas, coal, iron, copper, chrome, and water.
Albania’s 10 Most Profitable Companies
Ways to Invest in Albania
There are a couple of different ways to invest in Albanian companies:
- Through Albanian regional banks and financial companies
- Raiffeisen Bank
- National Commercial Bank
- Triumf group
- Alpha Bank
- Societe Generale Albania
- ETFs
- Some US listed ETFs with exposure to Albanian stocks
- WCAT: NYSEArca
- CNDA: NYSEArca
- Some US listed ETFs with exposure to Albanian stocks
Teacher Introduction Webinars
7-14 Bollinger Bands