PRESS RELEASE
2012 – A year of transformation leading to the new brand
Crédit Agricole Albania Bank
Tirana, 21 February 2013 - 2012 was a historical year for the activity of Crédit Agricole
Albania Bank, which finally changed its name, trademark and logo, adapting the brand of the
Crédit Agricole Group. As a part of the group, Crédit Agricole Albania Bank takes advantage
of direct access to Crédit Agricole Group funding and international expertise. These elements
make the bank more reliable, professional, accessible and amicable for our clientele.
During the year 2012 Crédit Agricole Albania Bank marked some very positive changes,
which are mainly related to these factors:

Increasing of the deposits and accounts levels, associated with the increase in
market share, referring to the banking system;

Increasing costs of deposits was totally held under control in compliance with the
budgeted/predicted parameters;

Stability of the lending activity aiming to improve the portfolio quality, and the
recuperation or rescheduling of non preforming loans;

Strong control of operating costs while aiming for further optimization.

Positive operational income at a level of around €2 million;
Considering the difficulties manifested by the market in terms of lack of investments, the
uncertain situation of liquidity and other risks, the above elements were accompanied with
sensitive expenditures for provisions, for the losses by non-performing loans, aiming for a
prudential approach towards the general level of provisions. This process is in function with
medium term objectives necessary to achieve positive net results for 2013 and future years.
Contacts:
Mirela Xhelollari / Tel +355 2258 755, Ext. 361 / E-mail: mxhelollari@credit-agricole.al
Consequently, the bank recorded negative net results for the year 2012, however staying in
line with the budget objectives and the strategic orientation for 2012-2015. In general,
support from the Crédit Agricole Group continued to be strong and the bank provided the
capital supplements needed to compensate provision costs, as well as improving the Capital
Adequacy Levels. Therefore, the bank exceeded the banking system average and assured its
stability to set a favourable starting point for the year 2013.
The indicator of loans to deposits ratios continued to improve, reaching 137% in December
2012, compared with 190% in December 2011. This trend continues to significantly improve
the liquidity position and the independence of the bank, in order to finance its financial and
lending activity with its own resources.
The current achievements provide a solid basis necessary to contribute to the progress of
the long term strategy of the bank, which is to achieve positive results in the future and
sustainable growth in the local market.
Crédit Agricole Group is a market leader in full-service retail banking in France and one of the largest banks in
Europe. With operations in 50 countries, Crédit Agricole Group is a leading partner in supporting clients with their
projects in all areas of retail banking and associated specialised business lines: day-to-day banking, savings,
home and consumer loans, insurance, private banking, asset management, leasing and factoring, and corporate
and investment banking. On the strength of its cooperative and mutualist foundations, Crédit Agricole Group's
expansion is based on balanced growth serving the real economy and respecting the interests of its 54 million
customers, 1.2 million shareholders, 6.5 million mutual shareholders and 160,000 employees.
www.credit-agricole.com
Contacts:
Mirela Xhelollari / Tel +355 2258 755, Ext. 361 / E-mail: mxhelollari@credit-agricole.al
Main Financial Indicators
of
CREDIT AGRICOLE ALBANIA S.A
Q4 2012
in LEK
Indicator
IFRS
Value
GAAP
Value
No
I
1
2
3
4
ASSETS
Total Assets
Loans
Investments in Securities
Placement with banks
32,460,988,208.2
23,290,997,464.4
851,926,430.0
2,344,125,306.3
31,135,699,635.0
23,058,181,532.4
850,873,496.5
2,344,125,306.3
II
1
2
3
LIABILITIES
Total liabilities
Deposits
Equity Capital
32,460,988,208.2
17,042,387,397.0
4,840,766,182.4
31,135,699,635.0
17,042,387,397.0
3,259,724,465.4
III PROFIT & PERFORMANCE
1 Net profit
- Quarterly profit
- Cumulative profit
ROA (quarterly, p.a.)
ROE (quarterly, p.a.)
IV
(631,432,405.1)
(692,776,397.7)
Miscellaneous
No. of employees
No. of outlets
Contacts:
Mirela Xhelollari / Tel +355 2258 755, Ext. 361 / E-mail: mxhelollari@credit-agricole.al
97,206,951.1
(678,177,647.5)
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