Annual Report - Raiffeisen Bank Kosovo JSC

Raiffeisen Bank Kosovo 2009
Segment Reports
Corporate Banking
The Corporate Department continued to play a significant role within the Bank by offering
banking products and services to a large number of corporate clients such as large companies,
governmental and non-governmental organisations, non-bank financial institutions and public
sector.
The range of banking products and services that are offered to our customers include deposits,
loans, trade finance products as well as other products appropriate to fulfil corporate needs.
The latest developments in the world economy and the economic trends in Kosovo played an
important role in our strategy during 2009. We increased the contacts with customers in order to
identify closely their financial needs, always taking into consideration the latest developments in the
international markets. Innovative thinking and the development plans of our customers’ businesses
made it possible for us to offer appropriate banking products and services in a challenging period
for both our customers and ourselves.
Despite the more prudent approach to lending, the corporate segment continued to issue new
loans, achieving placement of loans amounting to €32 million. In addition, the amount of the
trade finance products continued to increase with the same growth trend as in the previous year,
reaching a level of € 37.7 million.
At the same time, the level of deposits was stable and by the end of 2009, corporate deposits had
grown to €135.6 million. This demonstrates that the Bank continues to have the confidence and
trust of its corporate customers all around Kosovo.
During 2009, we expressed our readiness to offer the Government of the Republic of Kosovo the
relevant banking services to facilitate the opening of bank accounts in different countries upon the
establishment of diplomatic offices. This offer was possible through the Raiffeisen Group, which has
the largest bank network in Europe as well as through our partner banks in other countries.
The Corporate Department will continue to offer quality competitive services to all customers and
maintain its significant role as a supporter of economic development of Kosovo.
Treasury
Kosovo remains under-developed as far as treasury and money management is concerned. Income
from the collection of customs duty continues to be the dominant source of income for the Kosovo
budget; however collection of other taxes has improved.
Raiffeisen Bank Kosovo Treasury
Money Market
2009 was successful as far as collection and consolidation of deposits is concerned. The market for
deposits grew by 24%., in which our bank contributed to this growth with 9.1%.
Glosary Macroeconomic Environment Overview Segment Reports Financial Statements Addresses
www.raiffeisen-kosovo.com
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