|
Banking In Serbia
Banking in Serbia is regulated by the central bank in Serbia, the National Bank of Serbia. The mandate of the National Bank of Serbia is to contribute, without prejudice to its primary objective, to the maintenance and strengthening of the stability of the financial system and Economy of Serbia. To determine and implement measures and activities to that effect. Out the total of 29 commercial banks, providing a wide array of banking services, 21 are in majority foreign ownership. Banks in Serbia are independent in their pursuit of profit-oriented business activities based on the principles of solvency, profitability and liquidity. Every-day payment transactions are, with a few exceptions, made in Serbian dinars, and one can use various types of credit cards (Visa, MasterCard, Diners, American Express). All major foreign currencies can be freely purchased and sold in exchange offices throughout the country. Many banks have automated teller machines, so, currency can be withdrawn at ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca Intesa Beograd
Banca Intesa Beograd ( sr, Банка Интеза Београд) is one of the largest operating banks in Serbia, majority owned (93%) by the Italian Intesa Sanpaolo and other 7% by International Financial Corporation, World Bank. Its headquarters is in Belgrade, Serbia. History It was founded as Delta banka in 1991. In February 2005, Banca Intesa acquired 75% stake in the bank for €278 million. By August of same year its stake was increased to 90%. Following the majority takeover finalization, Delta banka officially changed its name to Banca Intesa Beograd during fall 2005. The bank has been trading on Belgrade Stock Exchange (BELEX) since 2006. As a result of the August 2006 merger of Banca Intesa and Sanpaolo IMI banking groups, since 1 January 2007 Banca Intesa Beograd operated as member of the newly formed Intesa Sanpaolo group. Since Sanpaolo IMI owned Panonska banka in Serbia, a decision had to be made about the new group's future structure in Serbia. Initially, Banca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Piraeus Bank Beograd
Piraeus Bank Beograd (full legal name: ''Piraeus Bank a.d. Beograd''), was a Serbian bank that existed from May 2005 until October 2018 when it was acquired by Direktna Banka. It was majority owned by Greek Piraeus Bank. Its particular activities were in the areas of large corporate banking, retail banking and SMEs. History Piraeus Bank started its operations in the Serbian market with a network of 9 branches and 176 employees. Today, the Bank has a business network of 34 branches, approximately 550 employees, it has developed sector of Piraeus Leasing and Piraeus Rent, and tens of thousands of clients. In November 2017, Direktna Banka bought Piraeus Bank Beograd from the Greek Piraeus Bank, for a sum in the range of 58–61 million euros. The complete merge is expected to be completed by the first quarter of 2018, and thus way Direktna Banka would have a total equity worth over 500 million euros. See also * List of banks in Serbia This is a list of banks in Serbia. Central ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OTP Banka Srbija A
OTP may refer to: Businesses and organizations *OTP Bank (originally Országos Takarék Pénztár), independent financial services providers in central and eastern Europe * OTP Ingatlanpont, Hungarian real estate brokerage firm * Office of Technology Policy, U.S. government office *Office of Telecommunications Policy, U.S. government office 1970–1978 *Office of Transport and Traffic Policy and Planning, department of the Thai Government * Old Town Pizza, pizzeria in Portland, Oregon, U.S. Technology *One-time pad, in cryptography *One-time password, a password that is valid for only one login session or transaction *One-time programmable, a type of programmable read-only memory in electronics *Open Telecom Platform, a collection of middleware, libraries, and tools written in Erlang programming language *Opposite Track Path, in optical technology such as DVD or Blu-ray *Over-temperature protection, a feature of modern computer power supply units Transportation *Henri CoandÄ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alpha Bank Serbia
Jubanka ( sr-cyr, Јубанка), formerly known as Alpha Bank Srbija, was a commercial bank based in Belgrade, Serbia. In December 2017, following the purchase in April 2017, it merged into AIK Banka. History The bank was founded in 1991 as Jubanka and was the fifth-largest bank in Serbia as of 2005. On 26 January 2005, Greek Alpha Bank officially agreed the purchase of an 88.64% stake in Serbian ''Jubanka''. By June 2005, its name was changed to Alpha Bank Beograd. In April 2017, AIK Banka (majority owned by MK Group) purchased 100% of shares of the company, and reverted its former name ''Jubanka''. On 22 December 2017, Jubanka has completed the process of merging into AIK Banka and more than 800 of its employees have left the company from June until December 2017. Since 25 December 2017, Jubanka operates under name AIK Banka. Also, housing and cash loans to citizens, as well as credit card debt, took Société Générale Srbija. See also * List of banks in Serbia This is a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NLB Banka
NLB Group is the largest banking and financial group in Slovenia, with the core of its activity being in Southeast Europe. History Founded in 1994, the bank now covers markets with a population of approximately 17.4 million people. In addition to NLB d.d., a main entity in Slovenia, NLB Group comprises several subsidiary banks in Southeast Europe: NLB Banka Skopje, NLB Banka Sarajevo, NLB Banka Banja Luka, NLB Banka Prishtina, NLB Komercijalna banka, NLB Banka Podgorica, N Banka, several companies for ancillary services (asset management, leasing, real estate management etc.) and a limited number of non-core subsidiaries controlled wind-down. NLB d.d. is as of 14 November 2018 a publicly listed company owned by a diversified investor base and whose largest shareholder is the Republic of Slovenia with a 25% plus one share. With the acquisition of the Serbian Komercijalna banka in December 2020, the Group further strengthened its strategic and systemic position in the region and now ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vojvodjanska Banka
OTP Banka Srbija (full legal name: OTP Banka Srbija a.d. Novi Sad), formerly known as Vojvođanska banka, is a bank operating in Serbia, with its headquarters in Novi Sad. It is a member of Hugnarian OTP Bank Group. History The Hungarian OTP Bank Group entered the Serbian banking market under the name "OTP banka Srbija" on 21 May 2007, being formed through the merger of three Serbian banks: Niška Banka a.d. Niš, Zepter banka a.d. Beograd and Kulska banka a.d. Novi Sad. In December 2017, OTP Bank bought 100% of shares of Vojvođanska banka from the National Bank of Greece, thus was becoming the sixth-largest commercial bank in Serbia with banking market share of 6%. In May 2019, the process of integration of OTP banka Srbija and Vojvođanska banka was finalized, and OTP Bank as majority owner decided to operate under name "Vojvođanska banka" on Serbian market. As of 2019, Vojvođanska banka is among the top ten largest banks in Serbia by asset size. With the fourth-largest ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Komercijalna Banka
NLB Komercijalna banka (full legal name: ''NLB Komercijalna banka a.d. Beograd,'' ) is a bank founded in 1970 with headquarters in Belgrade, Serbia. It is owned by Slovenian NLB Group. History The bank was founded on 1 December 1970 in Belgrade, SFR Yugoslavia. On 6 May 1992, it was transformed into joint-stock company, with Government of Serbia being its majority owner. In November 2002, Komercijalna banka established Komercijalna banka Budva, operating in Montenegro. The bank also had a subsidiary in Bosnia and Herzegovina, Komercijalna banka a.d. with headquarters in Banja Luka. As of December 2014, two of the bank's biggest stakeholders were the Government of Serbia with 42.6% and European Bank for Reconstruction and Development with 25% of shares. In March 2015, the bank's management announced that Government of Serbia plans to sell its stake in the bank in the second half of 2017. However, the auction was postponed several times. In June 2019, the Government of S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UniCredit Bank Serbia
UniCredit Bank Serbia ( sr, UniCredit Bank Srbija a.d. Beograd) is a bank founded in 2001, headquartered in Belgrade, Serbia. It is part of the Italian banking group UniCredit, which owns 100% stake in the bank. As of 31 December 2019, the bank has a network of 72 branch offices in Serbia. History UniCredit Bank Serbia was owned by Bank Austria, which in turn was majority owned by German bank HypoVereinsbank (HVB), which was, in turn, majority owned by Italian-based UniCredit banking group since November 2005. On 2 April 2007, the bank officially changed its name to UniCredit Bank Srbija a.d. Beograd. In 2016, UniCredit became the directly parent company of the bank. See also * List of banks in Serbia This is a list of banks in Serbia. Central bank * National Bank of Serbia Commercial banks As of 4 May 2022, there are 22 licensed commercial banks in Serbia. For each of them, there is a balance sheet total and number of employees as of 31 D ... References Unikredit: Pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Raiffeisen Bank (Serbia)
Raiffeisen banka a.d. Beograd ( sr, / ) is the Serbian subsidiary of Austria-based Raiffeisen Bankgruppe. As of 2009, bank maintains a total of 102 branches throughout Serbia. History Though it obtained the operating licence in March 2001, and fully operated since July 2001, the bank officially opened on 12 October 2001 during the Austrian chancellor Wolfgang Schüssel's state visit to Belgrade. Its original name was Raiffeisenbank Jugoslavija a.d. With a founding capital of €10 million (99% of it belonging to RZB and 1% to Austrian Uniqa Beteiligungs Holding GmbH - insurance company), it became the first 100% foreign-owned bank in then-Federal Republic of Yugoslavia. Starting from Belgrade, the bank gradually expanded its network all over Serbia. During 2004, the name was changed to Raiffeisen banka a.d. On 5 August 2021, Raiffeisen Bank signed an agreement to acquire 100% of the shares of Crédit Agricole Srbija. See also * List of banks in Serbia This is a list of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automated Teller Machine
An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff. ATMs are known by a variety of names, including automatic teller machine (ATM) in the United States (sometimes redundantly as "ATM machine"). In Canada, the term ''automated banking machine'' (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM over ABM. In British English, the terms ''cashpoint'', ''cash machine'' and ''hole in the wall'' are most widely used. Other terms include ''any time money'', ''cashline'', ''tyme machine'', ''cash dispenser'', ''cash corner'', ''bankomat'', or ''bancomat''. ATMs that are not operated by a financial i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
