BKT Kosovo's Q1 net profit up 22% y/y

The lender’s loan portfolio totalled 685 million euro at the end of March, up from 611 million a year earlier, BKT Kosovo said in a data release published on its website earlier this month.

The bank's deposit portfolio rose by 12% to 920.3 million euro. Total assets increased to 1.2 billion euro as at end-March, from 1 billion euro a year earlier.

BKT Kosovo was the third largest lender by assets among 11 banks that operated in Kosovo in the first quarter of 2024, according to data published by the Kosovo Banking Association.

($ = 0.923 euro)