Raiffeisen Bank (Serbia)

Raiffeisenbank Beograd
Native name
 Рајфајзенбанк а.д. Београд
Private
Industry Finance and Insurance
Predecessor Raiffeisenbank Jugoslavija a.d.
Founded Belgrade, Serbia (February 19, 2001 (2001-02-19))
Headquarters Belgrade, Serbia
Area served
 Serbia
Key people
 Zoran Petrović (Executive director)
Products Commercial banking, Investment banking
Revenue Decrease €289.89 million (2013)[1]
Decrease €47.20 million (2013)[1]
Total assets Increase €1.792 billion (2013)[1]
Total equity Increase €491.57 million (2013)[1]
Owner Raiffeisenbank a.d. Beograd (100%)
Number of employees
 1,778[1]
Parent Raiffeisen Zentralbank Österreich AG
Website www.raiffeisenbank.rs

Raiffeisen Bank (Serbian: Рајфајзенбанк а.д. Београд, or Raiffeisen banka a.d. Beograd) is the Serbian subsidiary of Austria-based Raiffeisen Bankgruppe.

History

Raiffeisenbank 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.[2]

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

As of 2009, bank maintains a total of 102 branches throughout Serbia - 50 in Belgrade, 6 in Novi Sad, 4 in Niš, 3 in Čačak, 2 in Kragujevac, and 2 in Temerin, as well as a single branch in each of the following cities: Bor, Zaječar, Stara Pazova, Vršac, Požarevac, Smederevo, Smederevska Palanka, Pančevo, Lazarevac, Obrenovac, Mladenovac, Subotica, Kikinda, Sombor, Zrenjanin, Inđija, Vrbas, Bačka Palanka, Bačka Topola, Šabac, Valjevo, Sremska Mitrovica, Loznica, Senta, Novi Pazar, Gornji Milanovac, Užice, Paraćin, Kraljevo, Kruševac, Jagodina, Aranđelovac, Vranje, Pirot, and Leskovac.

References

  1. 1 2 3 4 5 Основни подаци из годишњег финансијског извештаја за обвезника ревизије за 2013. годину. Agencija za privredne registre Srbije (in Serbian). Retrieved 20 April 2014.
  2. ↑ Profit Rajfajzena 77,9 miliona evra, B92, February 26, 2009
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