JCR Eurasia Rating assigns AAA (Alb) to BKT for Corporate Governance
Tirana, Albania (October 30, 2014) - JCR Eurasia Rating, by evaluating the corporate governance practices established within BKT, has assigned 85.23 (AAA (Alb)/Distinctive) points out of 100 for the overall level of compliance with the Albanian Corporate Governance Code and the regulations.
The grade assigned to BKT signifies a Distinctive Level of Compliance with the principles of the code and its degree to the level a/Excellent. JCR Eurasia believes that the overall compliance level attained by BKT will be maintained during the 12 month monitoring period. In this regard, the Outlook of the Bank has been determined as “Stable”.
JCR Eurasia Rating is the Eurasian affiliate of Japan Credit Rating Agency, one of the most prestigious rating agencies in the world.
Banka Kombëtare Tregtare is the first Albanian company that has been evaluated by an international financial institution regarding Corporate Governance.