ProCredit Bank one more time is assessed by British Magazine Finance Central Europe as the best bank in Albania for 2006 according to ROA indicator.

This year too, ProCredit Bank is ranked first in the race of banks that operate in the country, and closely competes with 100 other Banks in the region.

The results of the specialized study performed by the prestigious Finance Central Europe clearly states the very positive progress of ProCredit Bank in Albania being assessed as the best bank for 2006 according to ROA indicator, and the very positive progress of other assets indicators, capital strength, gross profit etc.

Finance Central Europe is the only magazine that is dedicated to Central and Southeastern Europe. This magazine deals analysis and studies in the area of policies, business and finance.

ROA (Return on Assets) indicates how efficiently the bank is using its assets. This indicator expresses the report of gross incoming above the total assets of the company. This indicator is one of the most important for the determination as a profitable company binding its assets.

General Manager of ProCredit Bank Mr. Ralf Reitemeier and our staff have expected in a very good way the evaluation given by Finance Central Europe. “ProCredit Bank is not only the main bank that finances the Albanian business but is also a leader in financial performance. Over 120.000 of our clients must be proud of their bank”, says Reitemeier.

ProCredit Bank Albania is member of the international banking group ProCredit composed of 19 financial institutions operating in 19 countries of the world. Shareholders of ProCredit Bank manage financial institutions of similar values and development oriented strategic goals. They include reputable bilateral and multilateral institutions such as KfW, IFC, ProCredit Holding, and COMMERZBANK. ProCredit Bank operates in Albania since 1995.

Source: Procredit Bank Albania

Posted by on Jun 13 2006. Filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry