This recognition is part of Global Finance’s annual awards, which, for the 32nd consecutive year, honor the best banks in Central and Eastern Europe. BKT stood out for its stability, range of services, and technological innovation.

In selecting the winners, Global Finance analyzed objective factors such as asset growth, profitability, geographic reach, strategic relationships, new business development, and product innovation. The evaluation was also supported by the opinions of financial analysts, credit rating agencies, and industry experts.

According to Global Finance’s founder and editorial director, Joseph D. Giarraputo, the banking sector is evolving with flexibility and innovation, leveraging new opportunities. He emphasized that Artificial Intelligence is playing a key role in the rapid transformation of the financial industry.

Commenting on this recognition, BKT’s CEO and Board Member, Mr. Seyhan Pencabligil, highlighted that the award reflects another exceptional year for the bank. “BKT concluded 2024 with significant growth across all its portfolios. We have transformed our service model, shifting from a product-based approach to a customer-centric one. This transformation, supported by the most advanced technology, aims to simplify processes and provide more personalized, intuitive, and efficient solutions for our clients,” he said.

Mr. Pencabligil also emphasized BKT’s commitment to expanding its credit and deposit portfolio, financial inclusion, innovation, and sustainable growth. He dedicated the award to BKT’s team for their dedication and professionalism, to the clients for their trust, and to the shareholders for their continuous support. We are proud of a century-long legacy as a symbol of trust and stability.

Founded in 1925, BKT is the largest and oldest commercial bank in Albania. With total assets of €6.6 billion and deposits reaching €5.5 billion, the bank provides services through 62 branches and innovative digital channels. BKT closed the year 2024 with a 20% return on equity, which is an exceptional success.