Raiffeisen Bank (Serbia)

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.

This article is about Raiffeisenbank Beograd. For other uses, see Raiffeisen.
Raiffeisen banka Beograd
Native name
Рајфајзен банка а.д. Београд
TypeJoint-stock company
IndustryFinance and Insurance
PredecessorRaiffeisenbank Jugoslavija a.d.
Founded19 February 2001 (2001-02-19) (Current form)
Headquarters
Belgrade
,
Serbia
Area served
Serbia
Key people
Zoran Petrović (Executive director)
ProductsCommercial banking, Investment banking
Revenue €143.35 million (2017)[1]
€56.71 million (2017)[1]
Total assets €2.267 billion (2017)[2]
Total equity €489.32 million (2017)[2]
OwnerRaiffeisen banka a.d. Beograd (100%)
Number of employees
1,565 (2017)
ParentRaiffeisen Zentralbank Österreich AG
SubsidiariesRaiffeisen Leasing d.o.o.
Raiffeisen Futura a.d.
Raiffeisen Invest a.d.
Websitewww.raiffeisenbank.rs

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

See also

References
  1. "Bilans uspeha (2017) - Raiffeisen Bank" (PDF). apr.gov.rs (in Serbian). Retrieved 8 October 2018.
  2. "Bilans stanja (2017) - Raiffeisen Bank" (PDF). apr.gov.rs (in Serbian). Retrieved 8 October 2018.
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