BRUSSELS, 6 January 2016 – Groupe BPCE (France), Bank of Valletta (Malta) and Banka Kombetera Tregtare (Albania) have been awarded the Banker's Bank of the Year 2015 award.
Groupe BPCE in France
France's third largest bank by Tier 1 capital increased its net profits by 8.9% year on year to €2.9bn in 2014, while also growing its assets and capital base.
"The group's ambitions remain relevant but our environment is more challenging than anticipated," says Mr Pérol (Chairman of the management board). "We must accelerate the implementation of all our strategic initiatives, in particular the successful digital transformation of our group to the benefit of our clients, our staff and our co-operative shareholders."
Banka Kombetare Tregtare (BKT) in Albania
BKT reported its highest ever profits of Lk5062bn (or $43.75bn) at year-end and grew to become the country's largest bank by total assets, deposits, retail loans and net profit.
BKT is considering further acquisitions in neighbouring countries, according to Mr Pencabligil (CEO): "Our success in Kosovo, where we opened in 2007, gives us the courage and the motivation for further expansion".
Bank of Valletta (BOV) in Malta
In the face of low interest rates, a challenge many other countries were also dealing with, BOV still managed to post strong profits of 17.5% return on equity for 2014.
Mr Borg (Chief Executive) says "being a systemically important institution for Malta, the bank will continue to maintain a healthy balance between a cautious risk appetite and a prudent business model while seeking to continue to support local businesses in a sustainable manner."