BKT Kosovo reports 22.7% y/y increase in Q3 net profit

The lender’s loan portfolio totalled 653 million euro at the end of September, up from 517 million a year earlier, BKT Kosovo said in a data release published on its website earlier this week.

The bank's deposit portfolio rose by 22.4% to 896 million euro. Total assets increased to 1.1 billion euro as at end-September, from 911 million euro a year earlier.

BKT Kosovo was the third largest lender by assets among 11 banks that operated in Kosovo in the third quarter of 2023, according to data published by the Kosovo Banking Association.

($ = 0.950 euro)