BKT LAUNCHES NEW PRODUCTS TO SUPPORT AGROBUSINESS
Tirana (21 September, 2012) - Banka Kombëtare Tregtare (BKT), within the framework of supporting agribusiness, has launched today for SME-s operating in the agriculture sector, a new loan called BKT AGRO LOAN.
In the event organized today within the Agrobusiness and Tourism Fair, with the participation of Deputy Minister of Agriculture, Food and Consumer Protection, Mr. Ndoc Faslia, KASH President, Mr. Enver Ferizaj and BKT’s CEO and Board Member, Mr. Seyhan Pencabligil, Head of Commercial Banking Group Mr. Pekhan Isipek, in his opening speech stated that agriculture is very crucial for the country’s development. He said that this is the reason that BKT has contributed and continues to support the development of agriculture, allowing the actors operating in this sector to have access to the capital, lacking of which has prevented the investments and development of this sector.
Mr. Fasllia, thanking BKT for the huge contribution in the agriculture sector’s development in cooperation with the Agency for Agriculture and Rural Development, underlined the need of development in the agriculture sector.
Mr. Ferizaj evaluated the participation of BKT as the main sponsor of Agrobusiness and Tourism Fair and recognized the agreement signed between USAID and BKT for the financing of the agrobusiness sector with the value of 15 million euro.
Mr. Pencabligil underlined the vital importance of the agriculture development with the aim at returning the country as self-sufficient in terms of the fulfilling the needs for agriculture products.
BKT AGRO Loan is designed in three segments such as Agro Special Loan, Agro Support Loan and Agro Loan. The segments are defined so that their specifications may fulfill SMEs’ needs for financement in the agriculture sector.
BKT is the second largest and the oldest commercial bank in Albania with a total of 2.1 billion USD in assets and 1.7 billion of USD in deposits. BKT network includes 81 branches out of which 58 are situated in Albania and 23 of them in Kosovo, making BKT the biggest Albanian bank in the region. BKT has been recently evaluated as “The Best Bank of Albania for 2012” by the eminent British magazine Euromoney, following the evaluations as “The Best Bank of Albania for 2011” by the other two prestigious British magazines The Banker and EMEA FINANCE.