Announcements

NEW YORK, March 25, 2022 – Global Finance has announced its 29th annual awards for the Best Banks in Central & Eastern Europe for 2022. In the press release, Global Finance magazine awards Banka Kombetare Tregtare as "Best Bank in Albania for 2022". This award received from this prestigious magazine emphasizes its appreciation over the years.

With the financial world in a state of turmoil from Russia’s invasion of Ukraine, corporate leaders face a new set of challenges concerning the choice of their banking relationships,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “Following on the enormous difficulties wrought by the pandemic, these changes demand increased attention to global commercial relationships. Our awards support decision-makers in selecting the best financial partners.”

The winners of this year’s awards are those banks that attended carefully to their customers’ needs in difficult markets and accomplished strong results while laying the foundations for future success.

All selections were made by the editors of Global Finance after extensive consultations with corporate financial executives, bankers and banking consultants, and analysts throughout the world. In selecting these top banks, Global Finance considered factors that ranged from the quantitative objective to the informed subjective.

Objective criteria considered included: growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products. Subjective criteria included the opinions of equity analysts, credit rating analysts, banking consultants and others involved in the industry.

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