Vojvođanska banka

Vojvođanska banka
Native name
 Војвођанска банка
Public
Industry Finance and Insurance
Founded Novi Sad, Serbia (May 30, 1995 (1995-05-30))
First founded 1868
Headquarters Novi Sad, Serbia
Area served
 Serbia
Key people
 Marinos Vathis (Executive director)
Products Commercial banking, Investment banking
Revenue Increase €92.90 million (2013)[1]
Increase €12.06 million (2013)[1]
Total assets Increase €949.57 million (2013)[1]
Total equity Increase €170.54 million (2013)[1]
Owner National Bank of Greece (100%)
Number of employees
 1,733[1]
Website www.voban.co.rs

Vojvođanska banka a.d. Novi Sad, commonly just Vojvođanska banka is a bank based in Novi Sad, Serbia. It is a universal bank, with functions of commercial and investment banking.

In retail banking, which is first in Serbian Dinars savings, third in foreign currency savings and first according to the number of issued VISA cards – over 430,000.[2]

History

The first branch of Vojvodjanska banka was founded in 1868 in Sombor as a credit cooperative. Later, in 1962, Vojvodjanska banka was repackaged as Privredna banka; soon after, Privredna banka was joined by Komercijalna banka Senta, Komercijalna banka Bačka Topola, Sremska banka Sremska Mitrovica, Kreditna banka Kula and Banatska banka Zrenjanin. In 1973, Privredna banka became Vojvođanska banka, the largest banking institution in the province of Vojvodina and one of the largest in the country. It had 16 branches.

In the end of the 1970s, Bank opened three independent representative offices in New York City, London and Frankfurt; and joint representative offices established in Moscow, Beijing and Tehran.

In the 1980s, Vojvođanska Bank became a member of the Yugoslav Banking Consortium for the realization of the first loan granted by IFC for the development of small companies; and Associate Bank realized 70% of the total foreign exchange operations of Vojvodina economy. In 1989, the Bank split up into 9 equal successors; the Head Office and 8 branches. Later, during the 1990s, bank starter to open more branches in Central Serbia, Banja Luka (in Republika Srpska) and in Podgorica (Montenegro). The branch office in Banja Luka became an independent bank with the major equity share in private ownership. Vojvodjanska banka was the co-founder and shareholder of VB Banja Luka.

From 1995, Vojvodjanska banka d.d. became Vojvodjanska banka a.d. (joint-stock company). Republic of Serbia owns 99.42% of shares.[3]

In September 2006, National Bank of Greece bought 99.44% of Vojvođanska banka's capital for €385 million.

Branches

Vojvođanska banka head office in Novi Sad (Trg Slobode 7)

Bank has a network of 23 branches and 172 offices in whole Serbia. Main branches in Serbia:

Logos

The first logo of Vojvođanska banka was designed in 1962. It has contained the two upper-case Latin letters V and B like the geometric shape, where the letter V has shaped as parallelogram and the letter B has shaped as two halves of circle. This logo of bank has been in use until 1973. From 1973, the Vojvođanska banka logo has contained the two lower-case Latin letters v and b, where the letter v has been smaller than letter b and the first letter has put above the second letter. This logo of bank has been in use until 1992, and it was replaced by the current Vojvođanska banka logo similar to American dollar sign which contains the two upper-case Cyrillic letters В and Б, where the letter В is reversed and touches the letter Б.

References

  1. 1 2 3 4 5 Основни подаци из годишњег финансијског извештаја за обвезника ревизије за 2012. годину. Agencija za privredne registre Srbije (in Serbian). Retrieved 20 April 2014.
  2. ↑ Data from About Vojvodjanska Bank
  3. ↑ As of November 19, 2006 ( Statistical overview of ownership structure of companies )
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