Page 27 - Annual Report 2023

ANNUAL REPORT 2023 27

FID continued to lead the foreign trade strategy of BKT Credit workflow to take a role on LG/ LC transactions
and managed -with the support of other departments- in facilitating foreign trade in different regions. FID also
to implement new products and services in order to signed an agreement with ICIEC (The Islamic Corporation
increase the foreign trade market share of BKT. We are for the Insurance of Investment and Export Credit) so
now able to provide the best online banking services that we can share the risk of LCs being issued from
with the most competitive prices, flexible cut-off times, ICIEC member countries to Albania to help improve the
increased daily limits for customers, same value date foreign trade among countries. FID has also organized
payments, OUR guaranteed options in USD and in several business trips and represented BKT in various
EUR, in-house payment mechanism with BKT Kosovo countries including Austria, Turkey, and Canada to help
and our sister bank in Turkey. FID has completed the grow the bank`s business in trade, finance, treasury and
workflow of 3rd party Letter of Guarantee and Letter of correspondent banking field.