Country Awards for Excellence 2016: Central & Eastern Europe
Euromoney, is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2023
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Country Awards for Excellence 2016: Central & Eastern Europe

AfE 2016 logo-196 135 Regional awards Press release View full 2016 results

Albania Armenia Azerbaijan Belarus Bosnia and Herzegovina Bulgaria Croatia Czech Republic Estonia Georgia Hungary Kazakhstan Kosovo Kyrgyzstan Latvia Lithuania FYR Macedonia Montenegro Poland Romania Russia Serbia Slovakia Slovenia . Turkey uzbekistan.gif Uzbekistan


Albania Best bank: Banka Kombetare Tregtare

The inexorable rise of Banka Kombetare Tregtare (BKT) continued in 2015, as the Turkish-owned bank overtook long-standing market leader Raiffeisen Bank to become Albania’s largest lender. By the end of 2015, BKT’s share of the overall loan market had risen to 19.6% on the back of year-on-year portfolio growth of 9.1%, while that of its Austrian rival had dropped to 18.9%. Raiffeisen’s deleveraging was partly driven by a reduction in risk appetite on the part of the parent group, but high levels of legacy bad debts also weighed on growth and profitability.

In contrast, BKT’s relatively unencumbered balance sheet – non-performing loans accounted for just 5.9% of the total at end-December 2015, compared with 19.5%