Tirana, Albania (11 July, 2014) - Euromoney Magazine has recognized BKT, as “The Best Bank in Albania for 2014” in its annual Awards for Excellence that took place in London on July 10, 2014. This is the third time in a row that BKT receives this most respected award in the financial service industry. The award was received by BKT’s Chairman, Mr Mehmet Usta and CEO and Board Member, Mr. Seyhan Pencabligil.
During the ceremony the Chairman Mr. Usta emphasized that: “BKT, the oldest bank in the Albanian Market and part of Çalik Group since 2006, in the recent years has increased its competitive power in the market by developing a strong and sustainable balance sheet and offering a wide range and high quality financial products and services. This award and others alike, which have become a routine for us, testify our successful and efficient performance in the international level.”
CEO and the Board Member Mr Pencabligil added that: “Despite the difficult economic situation in the country, we have been able to increase our market share in all business segments in line with our Bank’s vision. Our efforts will be towards contributing to the Albania’s economy by increasing the financing of the individuals and companies that thrive to use their immense potential for the growth and prosperity of the country.”
Euromoney is among the top financial publications in the world. For more than 20 years, the magazine evaluates the global banking systems and asset markets. The “The Best Bank in Albania” award, which BKT received for the third consecutive time, confirms the position of the Bank as innovative, financially strong and leader within the Albanian Banking system.
BKT has a total asset value of 2.7 billion USD and total deposits of 2.2 billion USD. BKT is the largest Albanian bank in the region, with a network including 86 branches, out of which 62 are located in Albania and 24 in Kosova.