RBA bank ( sr-Cyrl, РБА банка, translit=RBA banka), formerly Crédit Agricole Srbija, with headquarters in
Belgrade
Belgrade ( , ;, ; Names of European cities in different languages: B, names in other languages) is the Capital city, capital and List of cities in Serbia, largest city in Serbia. It is located at the confluence of the Sava and Danube rivers a ...
, 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
Serbia (, ; Serbian language, Serbian: , , ), officially the Republic of Serbia (Serbian language, Serbian: , , ), is a landlocked country in Southeast Europe, Southeastern and Central Europe, situated at the crossroads of the Pannonian Bas ...
, and also recognized as a reliable savings bank.
History
As of 14 September 2009, by the approval of the
National Bank of Serbia
The National Bank of Serbia ( sr, Народна банка Србије, Narodna banka Srbije) is the central bank of Serbia. Founded in 1884, the responsibilities of the bank are: monetary policy, sole issuer of Serbian banknotes and coins, p ...
, previous name of the bank was changed to Crédit Agricole Srbija. Initially the Bank was founded in October 1991 as a
private bank
Private banks are banks owned by either the individual or a general Partner (business rank), partner(s) with limited partner(s). Private banks are not incorporation (business), incorporated. In any such case, creditors can look to both the "enti ...
called Yuco Bank with mixed capital. Since July 2005, it is majority owned by
Crédit Agricole S.A. Paris, and operates under the name Meridian Bank Crédit Agricole until 2009 when it has been established under the current name.
On 5 August 2021,
Raiffeisen Bank Raiffeisenbank refers to cooperative banks in Europe that are rooted in the early credit unions of Friedrich Wilhelm Raiffeisen. The name is found in:
* Raiffeisen Bankengruppe (Austria), Austrian group of cooperative banks.
** Raiffeisen Zentralba ...
signed an agreement to acquire 100% of the shares of Crédit Agricole Srbija.
On 2 September 2022, Crédit Agricole Srbija became RBA bank as a part of the process of merging with Raiffeisen Bank. RBA bank is expected to be merged by the end of Q2 2023.
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 Dec ...
References
External links
*
{{Novi Sad, state=autocollapse
1991 establishments in Serbia
Banks established in 1991
Banks of Serbia
Companies based in Novi Sad
Crédit Agricole subsidiaries