BKT ORGANIZES FOREIGN TRADE PRACTICES SEMINAR
Tirana, Albania (21 April, 2011) – Banka Kombëtare Tregtare, in line with the aim at being closer to its corporate clients, has organized the Foreign Trade Practices Seminar. In this seminar organized with the support of Aktif Bank, one of the most important investment banks in Turkey, participated many of the biggest trading and production companies in Albania, leaders in their respective sectors.
“ Our aim is not only to increase BKT’s share in foreign trade business, but also to increase the usage of modern foreign trade instruments by albanian business”, said Mr Seyhan Pencapligil, CEO and Board Member of BKT. “Albania is the last in the region in terms of froreign trade practices, and this is not acceptable”, he added. Mr Pencapligil, who is also the chairman of the Albanian Association of Banks said that they are also trying to make Albania a member of International Chamber of Commerce, ICC.
This seminar is the first of its kind ever organized in Albania. Main subject of the seminar was recognizing the main benefits and advantages in using trade finance instruments in the business, especially Letter of Credits. The participants also had the chance to exchange their ideas and experiences in order to promote a better collaboration environment.
Banka Kombëtare Tregtare, chosen as Bank of the Year 2010 for Albania from the prestigious magazine The Banker, is the second largest bank in the country and at the same time the only bank in Albania that has been rated three times in a row with AAA (Alb) from the prestigious institution JCR-ER. BKT has 75 branches, out of which 17 are in Kosova.