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KentBank awarded “the Most Innovative SME Banking Services Provider” award by International Finance magazine

KentBank has been awarded as “the Most Innovative SME Banking Services Provider”  by International Finance, premium business and finance magazine published by UK’s International Finance Publications.

The global banking sector is constantly evolving due to many regulations, technology developments and market reforms. The International Finance Banking Awards highlight the accomplishments of banks leading in innovation, infrastructure development and commitment to customers, and KentBank is one of them.

In 2019 KentBank had:

  • In the first six months, a profit of HRK 14 million; an increase of HRK 8,9million (172%) in relation to the same period in 2018
  • Total assets amounted HRK 2,38 billion in the first six months of 2019 which is a increase by 8% in comparison with the same period in 2018 which is significantly more than the market growth
  • A-long term and A-1 short term credit rating was confirmed to the Bank
  • 450% growth in SME since 2016

All this led to the Bank’s growth which was recognized by the International Finance magazine.

The award ceremony was held in Dubai on 23rd of January 2020.