BANK OF THE YEAR
Tirana, Albania (December 7th, 2010) – Banka Kombëtare Tregtare (BKT) has been awarded as “Bank of the Year 2010 for Albania” by The Banker, the banking sector’s magazine of Financial Times. The ceremony took place in London Park Lane Hotel in 2 December 2010 while the award was taken by Mr. Mehmet Usta,Chairman of the Board of BKT "We showed a consistently high and profitable performance during 2010 reaching a Return on Assets of 28%." said Chairman of the Board, Mehmet Usta. "More importantly, the bank's high profitability has been accompanied by an increased market share that stands at an all-time high of 17.5% in a market where almost all banks belong to foreign banking groups.”BKT is the second largest and the oldest commercial bank in Albania with a total of 1.5 billion USD in assets and 1.3 billion of USD in deposits.BKT network includes 71 branches out of which 58 are situated in Albania and 13 of them in Kosovo, making BKT the biggest Albanian bank in the region. BKT has been continuously awarded as the Best Bank in Albania reaching lately the evaluation as “Best Bank for 2009 in South East Europe” by the magazine Finance Central Europe. BKT is the only bank that has been reaffirmed for the third year in a roby JCR-Eurasia Rating with
AAA(Alb), and by (1-Strong) by the Bank of Albania for the fifth year in a row.