Raiffeisen Bank (Serbia)

Raiffeisen banka Beograd
Native name
Рајфајзен банка а.д. Београд
Joint-stock company
Industry Finance and Insurance
Predecessor Raiffeisenbank Jugoslavija a.d.
Founded 19 February 2001 (2001-02-19) (Current form)
Headquarters Belgrade, Serbia
Area served
Serbia
Key people
Zoran Petrović (Executive director)
Products Commercial banking, Investment banking
Revenue Increase 143.35 million (2017)[1]
Increase €56.71 million (2017)[1]
Total assets Increase €2.267 billion (2017)[2]
Total equity Increase €489.32 million (2017)[2]
Owner Raiffeisen banka a.d. Beograd (100%)
Number of employees
1,565 (2017)
Parent Raiffeisen Zentralbank Österreich AG
Subsidiaries Raiffeisen Leasing d.o.o.
Raiffeisen Futura a.d.
Raiffeisen Invest a.d.
Website www.raiffeisenbank.rs

Raiffeisen Bank (Serbian: Рајфајзен банка а.д. Београд, or Raiffeisen banka a.d. Beograd) is the Serbian subsidiary of Austria-based Raiffeisen Bankgruppe. As of 2009, bank maintains a total of 102 branches throughout Serbia.

History

Raiffeisen Bank branch in New Belgrade.
Raiffeisenbank former branch in Čačak.

Though it obtained the operating licence in March 2001, and fully operated since July 2001, the bank officially opened on October 12, 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.

In late February 2009, the bank posted a profit of 78 million for the 2008 calendar year.[3]

During 2004 the name was changed to Raiffeisenbank a.d. Beograd.

See also

References

  1. 1 2 "Bilans uspeha (2017) - Raiffeisen Bank" (PDF). apr.gov.rs (in Serbian). Retrieved 8 October 2018.
  2. 1 2 "Bilans stanja (2017) - Raiffeisen Bank" (PDF). apr.gov.rs (in Serbian). Retrieved 8 October 2018.
  3. Profit Rajfajzena 77,9 miliona evra, B92, February 26, 2009
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