Banka Kombëtare Tregtare Branch is inaugurated in Pristina

 

On  November  2^nd 2007, Banka Kombëtare Tregtare ( BKT) officially opened its branch in Pristina.

 

BKT is a licensed bank in Albania, which shareholders are the Turkish group “ Calik Holding” (60% of capital), European Bank for Reconstruction and Development and International Financial Corporation ( World Bank group) with 20 %  each.

 

       

 

President of Kosovo, Mr. Fatmir Sejdiu, officials from Kosovo, Albania, Representatives of Calik Holding, as well as of BKT , and Members of the financial community of Kosovo attended the opening ceremony.

 

In this address,  Mr. Sejdiu valued the banking system as the best example of direct foreign investments in Kosovo.

 

The Managing Director of the CBAK Mr. Michel Svetchine,  welcomed the opening of the BKT branch in Pristina  and stressed that investors are not waiting for the status definition to invest in Kosovo.

 

Thanks to foreign investors, the banking industry now comprises two large international banks, three and maybe soon four regional actors, and two locally owned  institutions.

 

Mr. Svetchine enlightened that a well balanced structure of the industry, with an adequate number of players, has a positive effect on competition and on supply of financial services, for the best of Kosovo economy.