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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 ...
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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 ...
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Raiffeisen Bank Branch Cacak
Raiffeisen may refer to: * Raiffeisen (Albania), a bank * Raiffeisen (Switzerland), a bank * Raiffeisenbank, cooperative banks in several European countries * Friedrich Wilhelm Raiffeisen Friedrich Wilhelm Raiffeisen (30 March 1818 – 11 March 1888) was a German mayor and cooperative pioneer. Several credit union systems and cooperative banks have been named after Raiffeisen, who pioneered rural credit unions. Life Friedrich Wilh ...
, the founder of the co-operative movement of credit unions {{disambiguation, surname ...
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Banks Of Serbia
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Banks Established In 2001
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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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 December 2020. Recent name changes This is a list of recent name changes of the banks due to change of ownership structure: * On 9 May 2014, KBC Banka a.d. Beograd changed its name into Telenor banka a.d. Beograd * On 18 May 2015, Dunav banka a.d.Beograd changed its name into mts banka a.d. Beograd * On 22 October 2015, Čačanska banka a.d. Čačak changed its name into HALKBANK a.d. Beograd * On 8 July 2016, Hypo-Alpe-Adria-Bank a.d. Beograd changed its name into Addiko Bank a.d. Beograd * On 8 July 2016, KBM Banka a.d. Kragujevac changed its name into Direktna Banka a.d. Kragujevac * On 23 October 2018, VTB Bank changed its name into API Bank a.d. Beograd * On 25 April 2019, OTP Banka Srbija a.d. Novi Sad changed its name into Vojvođan ...
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Crédit Agricole Srbija
RBA bank ( sr-Cyrl, РБА банка, translit=RBA banka), formerly Crédit Agricole Srbija, with headquarters in Belgrade, is a member of Raiffeisen Group one of the largest banking groups in the world. RBA bank is a Bank with a focus on Retail, Corporate and Agro activities. It is a Bank with variety of services, with a network of 74 branches and 94 ATM in Serbia. It serves private individuals, small business and corporate customers (more than 300 000 clients). CA Serbia is the 1st Bank in car loan financing, 2nd in agri-business financing, with a strong market position in housing loans in Serbia, and also recognized as a reliable savings bank. History As of 14 September 2009, by the approval of the National Bank of Serbia, previous name of the bank was changed to Crédit Agricole Srbija. Initially the Bank was founded in October 1991 as a private bank called Yuco Bank with mixed capital. Since July 2005, it is majority owned by Crédit Agricole S.A. Paris, and operates und ...
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Federal Republic Of Yugoslavia
Serbia and Montenegro ( sr, Cрбија и Црна Гора, translit=Srbija i Crna Gora) was a country in Southeast Europe located in the Balkans that existed from 1992 to 2006, following the breakup of the Socialist Federal Republic of Yugoslavia (SFR Yugoslavia) which bordered Hungary to the north, Romania to the northeast, Bulgaria to the southeast, Macedonia to the south, Croatia and Bosnia and Herzegovina to the west, and Albania to the southwest. The state was founded on 27 April 1992 as the Federal Republic of Yugoslavia, known as FR Yugoslavia or simply Yugoslavia which comprised the Republic of Serbia and the Republic of Montenegro. In February 2003, FR Yugoslavia was transformed from a federal republic to a political union until Montenegro seceded from the union in June 2006, leading to the full independence of both Serbia and Montenegro. Its aspirations to be the sole legal successor state to SFR Yugoslavia were not recognized by the United Nations, following t ...
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Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ...
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Wolfgang Schüssel
Wolfgang Schüssel (; born 7 June 1945) is an Austrian People's Party politician. He was Chancellor of Austria for two consecutive terms from February 2000 to January 2007. While being recognised as a rare example of an active reformer in contemporary Austrian politics, his governments were also highly controversial from the beginning, starting with the fact that he formed a coalition government with Jörg Haider's Freedom Party of Austria (FPÖ) on both occasions. In 2011, he retired from being an active member of parliament due to a multitude of charges of corruption against members of his governments. Early life, education, and start in politics Born in Vienna, Schüssel attended that city's ''Schottengymnasium'', a well known Roman Catholic '' gymnasium'' for boys, where he took his ''Matura'' exams in 1963. He went on to study at the University of Vienna, receiving a doctorate in law in 1968. Schüssel was secretary of the parliamentary group of the Austrian People's Pa ...
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Chancellor Of Austria
The chancellor of the Republic of Austria () is the head of government of the Republic of Austria. The position corresponds to that of Prime Minister in several other parliamentary democracies. Current officeholder is Karl Nehammer of the Austrian People's Party (ÖVP), who was sworn in on 6 December 2021 following the resignations of Sebastian Kurz and Alexander Schallenberg, of the same party, as party leader and Chancellor. All three leaders formed a government with the Green Party, the first coalition between these two parties at the federal level. Brigitte Bierlein was the Second Republic's first , forming a nonpartisan caretaker government between a vote of no confidence in Kurz's first government in June 2019 and the formation of his second in January 2020. The chancellor's place in Austria's political system Austria's chancellor chairs and leads the cabinet, which is composed of the chancellor, the vice chancellor and the ministers. Together with the president, who ...
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Finance And Insurance
Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the acquisition to its holding company simply to diversify its earnings. Outside the U.S. (e.g. Japan), non-financial s ...
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