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The bank was founded in 1864 as Novosadska banka. In August 2005, Austrian Erste Bank took over the bank's majority share (83.3%) from the Serbian government for € 73.2 million. By May 2006, Erste Bank had close to 100% ownership share in the bank, that later that year officially changed its name to "Erste Bank Novi Sad".
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In December 2017, OTP banka Srbija bought 100% of shares of Vojvođanska banka from the National Bank of Greece. [3] In May 2019, the process of integration of OTP banka Srbija and Vojvođanska banka was finalized, and OTP Bank as majority owner decided to operate under name Vojvođanska banka on Serbian market, formally changing the "OTP banka Srbija" name.
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2010s, this has become the most common way that ...
The Hungarian OTP Bank Group entered the Serbian banking market under the name "OTP banka Srbija" on 21 May 2007, being formed through the merger of three Serbian banks: Niška Banka a.d. Niš, Zepter banka a.d. Beograd and Kulska banka a.d. Novi Sad.
According to the report on the situation in the banking sector in the second quarter of the year, which is released on the National Bank of Serbia's (NBS) website, Serbia's banking sector has recorded a net income of RSD 15.9 billion which is a 58.8 percent increase compared to the same period in 2012.
The bank also had a subsidiary in Bosnia and Herzegovina, Komercijalna banka a.d. with headquarters in Banja Luka. [ 4 ] As of December 2014, two of the bank's biggest stakeholders were the Government of Serbia with 42.6% and European Bank for Reconstruction and Development (EBRD) with 25% of shares.
The bank was established in 1979. In October 2018, the Government of Serbia announced that it plans to sell its stake by the end of the year. [3] In December 2018, the Government of Serbia put its 28.51% stake in ownership structure on sale. [4] As of 22 March 2019, JUBMES banka has a market capitalization of 25.67 million euros. [5]