Prishtina, December 10, 2007 – This year, same as the seven previous years ProCredit Bank has been honored as “The best bank in Kosovo for 2007” by the well-known British magazine Finance Central Europe.
Awards Received by Finance Central Europe, click here:
The Best Bank in Kosovo, 2007
The Best Bank in Kosovo by Assets Strength, 2007
The Best Bank in Kosovo by Return on Equity, 2007
Mr. Philip Sigwart Officer in ProCredit Bank, the banker of the year in Kosovo, 2007
Beside this, the first and most successful bank in the country, ProCredit Bank, has been rewarded as the number one bank regarding assets, whereas its Chief Executive officer Philip Sigwart has been given the award of the best banker for 2007.
The prestigious magazine FCE, every year publishes comparative results of 100 banks and insurance institutions in Central and Southeastern Europe.
Loan portfolios good quality, in particular assets evaluation, capacity strength, return on assets and return on banks equity are the criteria regarding on ProCredit won the prize of the best bank.
Bank managers have greatly appreciated awards obtained and once more confirmed banks persistent engagement on banks services infrastructure building.
“Given awards from FCE once more confirm our leader position in Kosova’s financial sector as well as our outmost zeal on offering the best services for our clients. Same as the eight previous years of our operation, we demonstrated a unique strategy based on the philosophy of being “bank for everyone” and this certified we are the dominant financial services provider for small and medium businesses as well as for Kosovar families” declared Ilir Aliu Deputy Chief Executive Officer of ProCredit Bank.
Otherwise, ProCredit Bank in a successful way closed up balance sheet in October, with a total of assets of 526 million Euros.
ProCredit Bank client deposits are in an amount of 456 million Euros, a fact that once more confirms the reputation of being the most reliable and stable bank in the country, by offering an approach and a very transparent and understandable way of saving.
In a vigorous way it has been raised even the given amount of loans, while from the beginning of bank operations till now the bank has credited over 915 million euros by raising active credit portfolio for the year 2007 for 41 % or 332 million Euros.
