BKT named bank of the year 2010

TIRANA, July 1- Turkish owned Banka Komb쵡re Tregtare has been announced as the Bank of Albania for 2010 by the prestigious magazine EMEA Finance. CEO and Board Member Mr. Seyhan Pencapligil, Board Member Dr. Ismail Ergener and Vice CEO for Treasury and Financial Institutions Mr. Kaan Pekin participated in the ceremony organized for this occasion in Schonbrunn Castle in Vienna. EMEA Finance, one of the most important financial magazines in the world that follows developments in the financial markets in emerging Europe, Middle East and Africa, awards each year best banks and financial institutions in these markets. BKT is the second largest and the oldest commercial bank in Albania with a total of 1.7 billion USD in assets and 1.4 billion of USD in deposits. BKT, which celebrated its 85th anniversary few times ago, has 77 branches out of which 58 are situated in Albania and 19 of them in Kosovo, thus making BKT the biggest Albanian bank in the region. BKT has been continuously awarded as the Best Bank in Albania reaching lately the evaluation as “Best Bank of Albania for 2010” by The Banker magazine. BKT is the only Albanian bank that has been reaffirmed for the third year in a row by JCR-Eurasia Rating with AAA (Alb).