Kosovo: Interview with Philip Sigwart

Philip Sigwart

Chief Executive Officer (CEO) (Procredit Bank)

Philip Sigwart

Can you give us a brief history of Procredit Bank? Why did a foreign bank decide to invest in Kosovo?

The bank was set up in January 2000. We were the first bank to be established in Kosovo. It was a Greenfield Investment and we started from scratch here. The bank has developed very well since then and in fact we are the biggest bank in Kosovo, so we are leaders in the banking market up to now. We decided to invest in Kosovo because we saw good opportunities to invest here, there were no other banks and at the same time we wanted to make a positive contribution to the development of Kosovo. It was a project suppor ...

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