Piraeus Bank Beograd (full legal name: ''Piraeus Bank
a.d.
The terms (AD) and before Christ (BC) are used to label or number years in the Julian and Gregorian calendars. The term is Medieval Latin and means 'in the year of the Lord', but is often presented using "our Lord" instead of "the Lord", ...
Beograd''), was a Serbian bank that existed from May 2005 until October 2018 when it was acquired by
Direktna Banka
Direktna Banka ( sr, Директна Банка) was a Serbian bank based in Kragujevac. It ceased with operations in December 2021, after it was merged with the Serbian branch of the Eurobank Ergasias, forming Eurobank Direktna.
History
The or ...
. It was majority owned by Greek
Piraeus Bank
Piraeus Bank ( el, Τράπεζα Πειραιώς) is a Greek multinational financial services company with its headquarters in Athens, Greece. Piraeus Bank's shares have been listed on the Athens Stock Exchange (ATHEX) since January 1918.
In G ...
. 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
Direktna Banka ( sr, Директна Банка) was a Serbian bank based in Kragujevac. It ceased with operations in December 2021, after it was merged with the Serbian branch of the Eurobank Ergasias, forming Eurobank Direktna.
History
The or ...
bought Piraeus Bank Beograd from the Greek
Piraeus Bank
Piraeus Bank ( el, Τράπεζα Πειραιώς) is a Greek multinational financial services company with its headquarters in Athens, Greece. Piraeus Bank's shares have been listed on the Athens Stock Exchange (ATHEX) since January 1918.
In G ...
, 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 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
Company overview from NBS
Banks established in 1995
Banks disestablished in 2018
Companies based in Belgrade
2017 mergers and acquisitions
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