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As of 29 February 2024, there are 20 licensed commercial banks in Serbia. [1] For each of them, there is a balance sheet total and number of employees from 30 December 2022. [ 2 ]
The National Bank of Serbia succeeds several institutions, all based in Belgrade, mirroring the complex history of Serbia throughout the 20th centuries. The first of these was established in 1884 as the Privileged National Bank of the Kingdom of Serbia. [3] In 2003 Bank succeeded its immediate predecessor, the National Bank of Yugoslavia.
Central bank name Currency Currency share percentage of global allocated reserves in Q4 2022 (%) Central bank governor Native name of central bank Establishment United States: Federal Reserve: United States dollar: 58.36 Jerome Powell: 1913 European Union: European Central Bank: Euro: 20.47 Christine Lagarde: 1998 Japan: Bank of Japan: Japanese ...
The European Union on Tuesday reprimanded Kosovo over the unilateral closure of six branches of a Serbia-licensed bank, saying the move would negatively impact the life of the ethnic Serb minority ...
The crucial reason for these changes is the fact that the Development Bank of Vojvodina was stripped off work permit and it operated with a loss of RSD 6.9 billion in the same period in 2012, the NBS said. Out of a total of 31 banks, 18 made profit totaling RSD 20.6 billion, while 13 banks operated with a loss of RSD 4.7 billion.
Sberbank Europe AG was established in 2012 after Sberbank acquired Volksbank International AG (VBI) and rebranded it Sberbank Europe. The deal involved all VBI assets – banks in Bosnia and Herzegovina, Croatia, Czech Republic, Hungary, Serbia, Slovenia, Ukraine and Slovakia, apart from Volksbank Romania.
The National Bank of the Kingdom of Serbia was created by law of King Milan I on 18 January 1883, [2] as a sui generis establishment with a privileged charter that also granted the State the right to oversee its operations, including the right for the government's representative in the bank's management to veto any decision of the bank.
These banks previously operated in the official currency of Serbia, the Serbian dinar. [2] Komercijalna Banka ad Beograd is now licensed through the Central Bank of Kosovo . [ 1 ] In December 2023, it was confirmed that starting from February 2024, Komercijalna Banka will close its branches in Kosovo .