Pristina, 8 February 2006 – In the sixth year of its operation in Kosovo, the senior managers of ProCredit Bank have stated that in the previous year the Bank managed to meet expectations in all areas.
As the leading bank in the financial market in Kosovo, ProCredit successfully concluded 2005, by approving 155 million euros of loans, and the loans portfolio growing by 63%. Even the lending market has grown by a considerable margin reaching the figure of 34% in the overall banking sector of Kosovo.
At the same time, ProCredit remains the leader in the area of loans, numbering over 155.000 clients; the total amount of deposits by citizens and organizations is over 340 million euros and it leads with 42% of total deposits of the entire banking system in Kosovo.
Such results have led to ProCredit Bank, similar to the previous years, to be awarded the best bank in Kosovo in 2005 by the renowned British magazine “Finance Central Europe”.
Jan Philip Heymann, deputy director of ProCredit Bank, says that special attention this year will be paid to improving actions in the banking process which will play a very important role this year. “We expect a steady growth of private loans so that we can continue with the same pace as in 2005,” says Heymann.
Heymann also added: “By offering more attractive products and services at a reasonable price, our work will become more effective and crucial. Enormous investments last year in the technological infrastructure, trainings and workshops for employees, the growing of our network of branches, all these give our bank an excellent positioning in the event of economic growth or a positive outcome to the status of Kosovo.”
Let us recall that throughout the six years, ProCredit Bank has and continues to play an important role in the economic, cultural and educational development of Kosovo, by supporting various activities.
In addition to this, by issuing over 100.000 internationally-recognized cards, ProCredit is contributing to the efforts to downsize the use of “cash” in Kosovar economy.
