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The majority of Serbian banks previously licensed by the National Bank of Serbia to operate in Kosovo have been shut down. 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]
The ProCredit Holding is the parent company of a development-oriented group of commercial banks for small and medium enterprises , which operate in Southeastern Europe, Eastern Europe, Ecuador, and Germany. The business model of the group is based on "socially responsible banking".
The ProCredit Bank Deutschland is a bank based in Frankfurt am Main. It is the youngest bank of the ProCredit Holding , which operates primarily in Southeastern and Eastern Europe as well as in South America [ 1 ] and wants to make a contribution to sustainable economic development through responsible banking business.
The Kosovo banking network system is an informal and complex network in a sense that it ensures the flow of financial transactions and macroeconomic stability in the country including the Central Bank and other micro financial institutions.
There are nine operational banks with branches in Prizren, ProCredit Bank, the Raiffeisen Bank, the NLB Bank, TEB Bank, Banka për Biznes (Bank for Business), İşbank, Banka Kombëtare Tregtare (National Trade Bank), Iutecredit, and the Payment and Banking Authority of Kosovo (BPK). [87]
A typical British bank statement header (from a fictitious bank), showing the location of the account's IBAN. The International Bank Account Number (IBAN) is an internationally agreed upon system of identifying bank accounts across national borders to facilitate the communication and processing of cross border transactions with a reduced risk of transcription errors.
Before being established as the Central Bank of Kosovo, it operated as the Central Banking Authority of Kosovo (Albanian: Autoriteti Qendror Bankar i Kosovës). [1] The official currency in Kosovo is the Euro , which was unilaterally adopted by the United Nations administration for Kosovo in 2002; however, Kosovo is not a member of the Eurozone .
It is a merger between Equity Bank Congo (EBC), formerly ProCredit Bank DRCongo, and Banque Commerciale du Congo. This followed the acquisition of majority shareholding in both banks by the Equity Group Holdings Limited , a Kenya -based financial services conglomerate with total assets in excess of US$10 billion.