The Addiko Bank is an
Austria
Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous ...
n
bank
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 ...
ing group with numerous cross-border activities in the
Alps
The Alps () ; german: Alpen ; it, Alpi ; rm, Alps ; sl, Alpe . are the highest and most extensive mountain range system that lies entirely in Europe, stretching approximately across seven Alpine countries (from west to east): France, Sw ...
-
Adriatic
The Adriatic Sea () is a body of water separating the Italian Peninsula from the Balkans, Balkan Peninsula. The Adriatic is the northernmost arm of the Mediterranean Sea, extending from the Strait of Otranto (where it connects to the Ionian Sea) ...
region. The group is active in
Slovenia
Slovenia ( ; sl, Slovenija ), officially the Republic of Slovenia (Slovene: , abbr.: ''RS''), is a country in Central Europe. It is bordered by Italy to the west, Austria to the north, Hungary to the northeast, Croatia to the southeast, an ...
,
Croatia
, image_flag = Flag of Croatia.svg
, image_coat = Coat of arms of Croatia.svg
, anthem = "Lijepa naša domovino"("Our Beautiful Homeland")
, image_map =
, map_caption =
, capit ...
,
Bosnia and Herzegovina
Bosnia and Herzegovina ( sh, / , ), abbreviated BiH () or B&H, sometimes called Bosnia–Herzegovina and often known informally as Bosnia, is a country at the crossroads of south and southeast Europe, located in the Balkans. Bosnia and H ...
,
Serbia and
Montenegro. However, the bank itself did not have a banking license in Austria, which now owned by
Austrian Anadi Bank, another bank that was spun off Hypo Alpe-Adria-Bank International AG.
History
Addiko Bank was the Balkan branches of
Hypo Alpe-Adria-Bank International AG, which in 1990s explosively expanded into the Alps-to-Adriatic region.
which thereafter was operating under the name of Hypo Alpe-Adria-Bank d.d., Mostar. which has been operating under the name of Hypo Alpe-Adria-Bank a.d., Banja Luka
In 2009 Hypo Alpe-Adria-Bank was nationalized. In 2014 Hypo Alpe-Adria-Bank was under resolution, which the Balkan branches was incorporated as Hypo Group Alpe Adria AG. In December 2014 it was sold to
Advent International (80%) and the
European Bank for Reconstruction and Development
The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially focus ...
(20%).
The bank renamed itself as Addiko Bank on 7 July 2016, making the brand "Hypo Alpe-Adria-Bank" no longer exist as an active brand in any successors.
Business: banking and leasing
The main line of business involves receiving "deposits" for citizens, businesses, public institutions, and local self-governance units, as well as retail, corporate, public and self-governance unit crediting, rendering services of domestic and international payment operations, issuing "letters of credit" and guarantees, services of Custody, "corporate finance",
depository bank services for "investment funds", brokerage services for local and international "capital markets", card business, e-banking services for legal and private persons, bank assurance services, leasing services and products for legal and private persons.
Hypo Alpe-Adria-Bank d.d. Mostar
Type: joint stock company
Industry: Banking and Finance
Seat: Kneza Branimira 2b, 88 000 Mostar, BiH
Chairman of the Management Board: Sanela Pašić
Hypo Alpe-Adria-Bank a.d. Banja Luka
Type: joint stock company
Industry: Banking and Finance
Seat: Aleja Svetog Save, 78 000 Banja Luka, BiH
Chairman of the Management Board: Dragan Kovačević
See also
*
List of banks in Serbia
References
{{Reflist
Holding companies of Austria
Banks of Bosnia and Herzegovina
Banks of Croatia
Banks of Serbia
Banks of Slovenia
Banks of Montenegro
Banks established in 1896