Central and Eastern Europe Awards for Excellence 2012: By country
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Awards

Central and Eastern Europe Awards for Excellence 2012: By country

 

Awards for Excellence 2012
Regional Awards for Excellence 2012: Central and Eastern Europe
All regions and countries

Central and Eastern Europe winners by country
Albania
Armenia
Azerbaijan
Belarus
Bosnia and Herezegovina
Bulgaria
Croatia
Czech Republic
Georgia
Hungary
Kazakhstan
Kosovo
Kyrgyzstan
FYR Macedonia
Moldova
Montenegro
Poland
Romania
Russia
Serbia
Slovakia
Turkey


Albania

Best Bank: Banka Kombetare Tregare

Both of Albania’s biggest banks recorded another year of solid results in 2011, building their balance sheets and boosting profitability. Despite market leader Raiffeisen’s impressive achievement in increasing net income by 27.3%, Banka Kombetare Tregtare (BKT) earns this year’s award by virtue of its superior asset quality and more rapid expansion.

BKT’s non-performing loan ratio stood at just 5.6% at end-2011, compared with Raiffeisen’s 10.8%, and its asset base growth of 24% outpaced that of its larger rival by eight percentage points. Furthermore, thanks to a 41% increase in lending, BKT finally pulled clear of the chasing pack in 2011 and is now number two in Albania by assets, deposits and loans. The strong performance continued into the first quarter of 2012 when, despite increasing its capital adequacy ratio by eight percentage points to 13.7%,

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