1999
2001
2007
2010
2015
2016
2017
2018
2020
2021
2022
2023

Established by USAID and registered as a savings and loan association.

Strengthening the activity by transforming a joint stock company.

Licensing by the Bank of Albania as a Financial Institution - not a Bank.

The arrival of new shareholders, NOA Holdings, opens a new stage and a further modernization of the business model and strategy.

The first financial institution in Albania with a fully automated lending process, and with financial advisors that operate with "Tablet" during the sales process.itution in Albania with a fully automated lending process, and with financial advisors that operate with "Tablet" during the sales process.

The European Bank for Reconstruction and Development (EBRD) grants a 5 Million Euro loan on preferential terms for Agribusiness lending.

The first corporate bonds are issued and the guarantee fund agreement is signed with the European Investment Fund.

The new shareholders, Amryta Capital LLP, invest in the further expansion of the activity with the aim of transforming NOA into a leading institution in the microfinance market in Albania.

Development of the Partnership Unit as well as activation of agreements with alternative payment channels.

Activation, as the first financial institution in the country, of the Contact Point Unit, in order to provide the highest service to the clients of the institution.

Cooperation with USAID in support of the textile & leather sector

Regional expansion of NOA also in Kosovo

Our History

Since its establishment in 1998 until today, NOA has been fulfilling a unique objective: the financial and economic development of our country.

By financing the establishment and expansion of the activity of Albanian businesses and farmers, NOA aims to directly contribute to the improvement of the life quality of thousands of families which benefit from increased income, new job positions, increased economic activity, not only in the cities, but also in rural areas of the country. During these 23 years of activity, NOA has proven that this business model, i.e. financing of entrepreneurs and small farmers, in a fast and non-bureaucratic financing way for this segment of the Albanian economy, brings development and prosperity as well as it improves the living conditions of Albanian families.

NOA’s Head Office

Founded by USAID and transformed to NOA sh.a. in 2010, the main goal of the institution is to improve the lives of Albanians by fulfilling their ambitions for financial development, through self-employment, development of agricultural family property, small business start-up or expansion of entrepreneurial activity. NOA believes in the market strength, in doing good, in generating wealth and social welfare to all strata of the population, as well as in broad access to finance, in free and fair competition for all.

Since its establishment, our mission has been to empower Albanian businesses, farmers and families, being a long-term partner of our clients in their entrepreneurial journey to further develop their ambitions in fulfilling their entrepreneurial dreams.

NOA operates in the Albanian microfinance market supported by a modern infrastructure, a unique operational model, and a professional staff that above all it ensures the values of transparency, quality of service, speed and security. The expertise and high technological level, in which it has been invested over the years, enables NOA to process your financing application much faster than the banking sector, regardless of the channel chosen by the client: online application, field application thanks to our mobile staff equipped with electronic tablets, or physical application through NOA branch network. This model, accompanied by a centralized approval procedure as well as a solid and proven legal framework, has enabled NOA to grow a high quality loan portfolio in both impact and repayment terms.

Having a staff of 260 employees, NOA injects about 30 million Euros in the economy of our country every year, dedicated to small entrepreneurs, consolidated businesses or those who have just started their business, farmers and agro-processors as well as every self - confident individual to whom the banking system does not offer an adapted financial solution. These funds are not public donations, but private financing lines dedicated to agricultural entrepreneurship, that are accessible only through European private financial markets.

At NOA, all staff is committed to providing a “Fast and Easy” service, anytime and anywhere, to our client, whether a resident in urban or rural areas. This is explained by the fact that NOA covers about 90% of the entire territory of Albania with its financial service, and it is specialized in financing sectors such as manufacturing, processing, agriculture, livestock, commerce, tourism and services. This investment has led NOA to develop a diversified loan portfolio over the years, which is mainly in local currency, thus managing the exchange risk itself and protecting in this way the client.

In addition to engaging in long-term and sustainable strategies, certification according to the European Code of Good Conduct for Microfinance Provision, good management of company resources thanks to the commitment of a highly professional staff, as well as relying on an international expertise as a company with total foreign capital, the growth and solidity of NOA are also attributed to reputable international and domestic strategic partners, which are key factors in the microfinance industry in the region such as: EBRD, OMP, BKT, Responsibility Global Microfinance Fund, EFSE, BSTDB, Oiko Credit, Blue Orchard, Societe Generale, International Commercial Bank, Tirana Bank, First Investment Bank etc.

REMINDER!

*All information related to the company can be found on the official website of the NBC using NUIS K11604002V