Global Finance has announced its 30th annual awards for the Best Banks in Central and Eastern Europe for year 2023. During the ceremony Banka Kombëtare Tregtare was awarded from Global Finance as ‘’The best bank in Albania for year 2023’’.
In the press release Global Finance magazine states that the winners of this year’s awards are those banks that attended carefully to their customers’ needs in difficult markets and accomplished better results while laying the foundations for future success.
Joseph D. Giarraputo, founder and editorial director of Global Finance said “This year’s Best Bank Awards recognize the financial institutions that offer the broadest range of services as well as the reliability required for long-term financial relationships.”
The selection of these top banks amongst 22 countries of Central and Eastern Europe were made by the editors of Global Finance after extensive consultations with corporate financial executives, bankers and banking consultants, and analysts throughout the world. In selecting these top banks, Global Finance considered factors that ranged from the quantitative objective to the informed subjective. Objective criteria considered included: growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products. Subjective criteria included the opinions of equity analysts, credit rating analysts, banking consultants and others involved in the industry.
Referring to the award, the Chief Executive Officer and Board Member, Mr. Seyhan Pencablıgil said ‘’ Despite the turmoil the world has seen in recent months, BKT has witnessed a remarkable growth across all our portfolios, posting strong profits throughout 2022. This growth, along all the other financial indicators, reflects a solid performance, confirming once more the standing of BKT and the commitment of the bank to continue to be the leader in the financial market.
Our objectives are to be a sustainable bank with strong financial figures, a bank that supports its clients with qualitative products and at the same time support the economical growth of the country. I would like to dedicate this award to my team for their commitment and professionalism, to our clients for their trust and loyalty and to our shareholders for their continuous support’’.
BKT has ben founded in 1925 and is the biggest and oldest bank in Albania. With a total asset level of 4.6 billion dollars and deposit level of 3.7 billion dollars, BKT serves its clients through a network of 63 branches and innovative alternative channels.