Kosovo gets even with a new bank

Kosovo gets even with a new bank

The Executive Board of the Central Bank of the Republic of Kosovo today approved the request of “Banka Credits Kosovo” for licensing as a bank in our country. The request for license from “Banka Credits Kosova” handed over to the BQC has been positively assessed based on the Law requirements for banks, microfinancial institutions and nonbank financial and regulatory institutions for [...]

The request for licencing by “Banka Creditins Kosova” handed down to the BQC has been positively assessed based on the Law requirements for banks, microfinance institutions and nonbank financial institutions and regulations for the licensing of foreign banks and banks.

“Banka Creditins Kosovo” has seen offering on our country's banking market a wide range of contemporary banking services with competitive conditions.

Its only founder and shareholder is “Banka Credits St. A.” from Albania, which operates in 2003 and is one of the largest banks.

During the next period, the subject “Banka Creditins Kosovo” must complete all legal conditions for starting its operations.

Consequently, with the Central Bank's affirmation about meeting these conditions, subject “Banka Credins Kosova” qualifies to potentially obtain the license to operate as the new bank in our country, which, public opinion will be long informed, says the BEC report.

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