BKT Kosovo's Q4 2023 net profit up 20%

The lender’s loan portfolio totalled 655 million euro at the end of December, up from 577 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 19% to 951 million euro. Total assets increased to 1.2 billion euro as at end-December, 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 fourth quarter of 2023, according to data published by the Kosovo Banking Association.

($ = 0.920 euro)