Raiffeisen Invest Shqipëri

What Raiffeisen Invest Shqipëri does

Raiffeisen Invest Shqipëri (legal entity: Raiffeisen Invest sh.a.) is Albania's first licensed asset management company, established in 2009 and operating under the supervision of the Albanian Financial Supervisory Authority (AMF). The company is a wholly-owned subsidiary of Raiffeisen Bank sh.a., itself part of the Raiffeisen Bank International (RBI) group headquartered in Vienna, Austria, and operates with a lean team of approximately five employees from its headquarters in Tirana.

The company manages a six-product suite: five open-end investment funds (Raiffeisen Prestigj in Lekë, Raiffeisen Invest Euro, Raiffeisen Vizion in Lekë, Raiffeisen Miks mixed-asset in Euro, and Raiffeisen Solid ESG feeder in Euro) plus a voluntary private pension fund. Aggregate assets under management stand at approximately €566M as of July 27, 2026, with the Lekë-denominated Prestigj fund dominating at ~€389M. The Solid product is structured as a feeder fund investing at least 85% into Raiffeisen-Nachhaltigkeit-Solide, managed by Raiffeisen Capital Management in Vienna. Distribution is executed exclusively through Raiffeisen Bank Albania's branch network with digital top-up support via the Raiffeisen ON platform; authorized sales agents are published and refreshed monthly.

The business model is a pure asset-based fee model: management fees up to 1.15-1.30% p.a. on investment funds (total expense ratios capped at 1.4-3.5%) and up to 1.5% p.a. on the pension fund, supplemented by a 0.5% pension transfer fee and modest early-exit fees on Vizion (1% before 2 years) and Solid (1% before 2 years). Entry and exit fees are otherwise 0% across most funds. Customer segments are exclusively Albanian retail investors — LEK savers, Euro-currency savers (including diaspora), and pension savers — with no institutional or enterprise clients disclosed.

Name

Raiffeisen Invest Shqipëri

Legal name

Raiffeisen Invest sh.a.

Website

https://raiffeisen-invest.al

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

Albania's first licensed asset management company (founded 2009), wholly owned by Raiffeisen Bank Albania. Manages six retail investment and pension funds (~€566M AUM) distributed exclusively through the parent bank's branch network.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Open-End Investment Funds (52591), Open-End Investment Funds (525910), Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940), Pension Funds (52511)

SIC

Investment Advice (6282)

akta.pro primary industry

Investment Management Advisory (RIA) (FSAEAAAB)

akta.pro secondary industry

Multi-Asset Solutions for Institutional (Pensions/Endowments/Sovereigns) (FSAAAJAJ)

Keywords

• Investment fund management
• Asset management services
• Private pension fund
• Retail investment products
• Sustainable ESG fund

Headquarters

HQ city

Tirana

HQ country

Albania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Management Fees on Investment Funds: Annual management fees charged as a percentage of assets under management for each investment fund. Fees vary by fund: Prestigj up to 1.15% p.a. (total max 1.4%), Euro up to 1.3% p.a. (total max 1.6%), Vizion up to 1.15% p.a. (total max 1.4%), Miks up to 1.3% p.a. (total max 3.5%), Solid up to 1.3% p.a. (total max 3.5%). Pension fund administration fee up to 1.5% p.a.
2. Entry and Exit Fees: Most funds charge 0% entry and exit fees. Exceptions: Raiffeisen Vizion charges 1% exit fee for withdrawals before 2 years (for investments from January 15, 2025). Raiffeisen Solid charges 1% exit fee for sales before 2 years.
3. Pension Fund Transfer Fee: A transfer fee of 0.5% applies when members transfer their pension fund to another fund manager.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Raiffeisen Invest Shqipëri operates as a licensed asset management company that creates, distributes, and manages five open-end investment funds and one voluntary private pension fund for individual retail investors in Albania. The funds cover multiple currencies (LEK and EUR), risk profiles (SRRI 2–4), and investment horizons (1–5 years), with the ESG-focused Raiffeisen Solid structured as a feeder into an Austrian master fund managed by Raiffeisen Capital Management. All products are distributed through Raiffeisen Bank Albania's branch network and the Raiffeisen ON digital platform.

Product overview

Raiffeisen Invest Shqipëri operates as a licensed asset management company offering a portfolio of 5 investment funds and 1 private pension fund. The investment funds span two currencies (LEK and EUR) and cover different risk profiles (SRRI 2-4/7) and investment horizons (1-5 years). Raiffeisen Prestigj and Vizion are LEK-denominated bond funds; Raiffeisen Invest Euro, Miks, and Solid are EUR-denominated funds. Raiffeisen Miks is the only mixed fund combining bonds and equities. Raiffeisen Solid is a feeder fund investing in an Austrian ESG master fund. The Raiffeisen Pension Fund provides voluntary retirement savings with tax benefits. All funds are regulated by the Financial Supervisory Authority (AMF) and managed by Raiffeisen Invest sh.a., a wholly-owned subsidiary of Raiffeisen Bank sh.a.

Differentiator

Problem solved

Functional benefit

Brands

• Raiffeisen Prestigj: Open-end investment fund denominated in Lek (ALL), investing primarily in Albanian government bonds with low risk (SRRI 2/7) and a recommended investment horizon of 1 year.
• Raiffeisen Invest Euro
• Raiffeisen Vizion
• Raiffeisen Miks
• Raiffeisen Solid
• Raiffeisen Private Pension Fund

Products and services

• Raiffeisen Prestigj Low-risk open-end investment fund denominated in Lekë (ALL) with a 1-year recommended investment horizon. Invests primarily in Albanian government bonds, carries a 0% entry/exit fee, maximum total fee of 1.4% p.a., and management fee up to 1.15% p.a. Minimum investment is 5,000 Lekë one-time or 1,000 Lekë monthly via periodic plan.
• Raiffeisen Invest Euro Euro-denominated open-end investment fund with moderate risk (SRRI 3/7) and a 2-year recommended investment horizon. Invests in government bonds and money market instruments, charges 0% entry/exit fees, management fee up to 1.3% p.a., and a maximum total fee of 1.6% p.a. Minimum investment is 250 EUR one-time or 30 EUR monthly via periodic plan.
• Raiffeisen Vizion Medium-term Lekë-denominated open-end investment fund with moderate risk (SRRI 3/7) and 3-year recommended investment horizon. Invests in Albanian government bonds; management fee up to 1.15% p.a., maximum total fee 1.4% p.a. 1% exit fee applies for withdrawals before 2 years (for investments from January 15, 2025). Minimum investment 30,000 Lekë one-time or 1,000 Lekë monthly.
• Raiffeisen Miks Euro-denominated mixed (multi-asset) open-end investment fund combining debt securities (up to 75%) and equities (up to 40%) for higher return potential. SRRI 4/7 risk rating, 5-year recommended horizon, 0% entry/exit fees, management fee up to 1.3% p.a., maximum total fee 3.5% p.a. Minimum investment 500 EUR one-time or 50 EUR monthly.
• Raiffeisen Solid (Sustainable ESG Fund) Euro-denominated sustainable (ESG) open-end investment fund structured as a feeder fund investing at least 85% of its assets in the Austrian master fund Raiffeisen-Nachhaltigkeit-Solide, managed by Raiffeisen Capital Management in Vienna. Moderate risk (SRRI 3/7), 5-year recommended horizon, 0% entry fee, 1% exit fee if units sold before 2 years, management fee up to 1.3% p.a., maximum total fee 3.5% p.a. The only ESG-focused fund offered in the Albanian market.
• Raiffeisen Private Pension Fund (Fondi i Pensionit Privat) Voluntary open private pension fund offering supplementary retirement savings with tax-deductible contributions under Albanian law. Invests in long-term low-risk government debt securities (Category 1/7 SRRI), minimum contribution 1,000 Lekë, administration fee up to 1.5% p.a., 0.5% transfer fee when switching fund managers, and accumulated balances are inheritable. Designed for individuals supplementing public pension and employers offering professional pension schemes.

Quantifiable outcome

• Net asset values ranging from €3M to €51M across 6 funds, demonstrating substantial scale in Albanian market
• +1 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Raiffeisen Capital Management (Vienna, Austria)coreStrategic or Co-development PartnerRaiffeisen Capital Management manages the Austrian master fund 'Raiffeisen-Nachhaltigkeit-Solide' that Raiffeisen Solid feeds into (minimum 85% of assets). This partnership provides Albanian investors access to international ESG investment expertise and a proven Austrian fund structure managed from Vienna.
• Raiffeisen Bank AlbaniacoreChannel Partner/ Reseller/ DistributorSole shareholder (100% ownership) of Raiffeisen Invest. Provides the extensive branch network used for distribution of investment and pension fund products. Acts as selling agent for all fund products.
• Reisswolf Albania Sh.p.k.minorOthersContracted service provider for physical document archiving. Handles archiving of physical documents managed during Raiffeisen Invest's business activities, with strict confidentiality obligations per Albanian data protection law.

Scale indicators8 records

Recent moves5 records

Expansion highlights4 records

Emerging players

• InterCapital (Croatia): Croatian independent asset manager offering open-end UCITS funds to retail and institutional clients in the region. Comparable in product set (multi-asset open-end funds in local/Euro currency) and emerging-market positioning, though distributed independently rather than through a captive bank.

Direct peers

• Raiffeisen Invest Croatia: Croatian Raiffeisen Invest entity managing UCITS-compliant open-end funds distributed through the local Raiffeisenbank branch network. Operates under the same RBI governance model and similar feeder/domestic fund architecture as Raiffeisen Invest Albania.
• Credins Invest (under Credins Bank): Asset management affiliate of Credins Bank, one of Albania's largest privately owned banks, offering investment fund products distributed through the bank's network. Directly competes with Raiffeisen Invest for Albanian retail savings.
• Raiffeisen Invest Bosnia & Herzegovina: Raiffeisen group's asset management arm in Bosnia, offering open-end investment funds via the local Raiffeisen BANK network. Strong analog given similar Balkan market size, regulatory framework, and parent-bank distribution model.
• Raiffeisen Invest Romania: Direct peer within the same Raiffeisen group, managing open-end investment funds in Romania through a similar bank-distribution model. Highly comparable in product structure (Lekë/Euro/LEK equivalent), regulatory positioning, and parent-bank relationship.
• ALBSIG JSC (Insig sh.a.): One of the established insurance/asset management groups in Albania, providing investment-linked and savings products under AMF oversight. Comparable as a domestic competitor offering savings and investment products to Albanian retail investors.

Broad incumbents

• Generali Investments (SEE): Large European asset manager with growing presence in SEE markets through partnerships and local entities. Comparable in offering diversified open-end funds to retail investors in smaller emerging European markets, though with much broader scale and product range.
• Erste Asset Management (Erste AM): Major CEE asset manager within the Erste Group, offering diversified open-end funds in multiple Balkan and CEE markets. Comparable product architecture and retail-bank distribution, but with much larger AUM scale and broader geographic reach than Raiffeisen Invest Albania.
• NLB Skladi (Slovenia): Asset management arm of NLB Group, one of the largest banking groups in SEE, managing a broad open-end fund range. Comparable in operating model (bank-affiliated AM company, multi-currency funds, retail distribution through bank branches) but at significantly larger scale.

Regional players

• International Investment Bank Asset Management (Kosovo): Kosovo-based asset management subsidiary of a regional banking group, operating in a closely related Albanian-speaking market with similar regulatory inheritance. Comparable as a small-market Balkan asset manager relying on a parent bank for distribution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/raiffeisen-invest

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Raiffeisen Invest Shqipëri