Tirana, Albania (2 December 2020) – Banka Kombëtare Tregtare (BKT) was selected as "The Bank of the Year in Albania for 2020” by the prestigious financial magazines "The Banker. The Banker is part of the Financial Times and has been providing global financial intelligence since 1926. Their publications provide a key source of data and analysis in the industry, functioning as a widely used index of global banking. The awards gala event was held online through TheBanker.Com platform with the participation of the executive board of the invited banks.
This year, more than any other in the living memory, has provided the banking sector with challenges beyond any previous experience. The industry has been at the forefront of providing stability and access to vital services at this critical time. The judges placed a particular emphasis on the banks that have led the way in meeting client needs through the digital innovations and maintaining resilience in the face of the pandemic. A rigorous and highly analytical process is made from The Banker to reach each Bank of the Year decision.
During his welcoming speech, Mr. Seyhan Pencablıgil stated:
It is a great achievement for BKT to be the Bank of the Year in Albania for the eleventh time in a row. We are really grateful to our clients for trusting BKT and for partnering with us on innovative solutions. Understanding our customer needs and adapting the digital transformation of our banking services in line with this comprehension, will help us to be far closer to our clients and deepen their trust and confidence. Moreover, we have differentiated from them the market thanks to our vigilant asset management strategy and strong capital structure. We could manage to produce half of the sector profit up to September 2020. Focused on the ongoing dedication to the highest standards of excellence, BKT will continue dominating the market and being the most profitable company in Albania.
We continue to garner numerous prestigious awards over the years, reflecting our growing strength and influence on the financial landscape throughout Albania
Established in 1925 BKT is the largest and the oldest commercial Bank in Albania. With a total asset value of 4.6 billion USD and total deposits of 3.6 billion USD, BKT serves its customers through a network of 92 branches, out of which 64 are located in Albania and 28 in Kosovo.