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Metals-banka
Metals-banka ( sr, Металс-банка) or Development Bank of Vojvodina ( sr-cyr, Развојна Банка Војводине), is a Serbian commercial and investment bank, which declared bankruptcy in 2013. History The bank was founded in 1990 by metal processing enterprises. Since 2001, Metals Banka has strengthened its position on the market, becoming the majority owner of the banks DTD banka and DDOR banka, which later merged with Metals banka. The bank maintains a strategic partnership with the insurance company DDOR Novi Sad, which is the bank's main shareholder with 15.12% of the capital. Metals banka was included in the BELEX15 index on December 12, 2006 on the Belgrade Stock Exchange. In July 2009, the Vojvodina government took over 61.9% of the shares. In 2005, the bank acquired its rival "DDOR banka" in 2005 for an undisclosed amount. In 2010, a majority of shares of Metals-banka was acquired by the provincial government of Vojvodina and turned into the " ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint-stock Company
A joint-stock company is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (business), incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited company, limited companies. Some jurisdiction (area), jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other count ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
