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- Serbia's banking sector is highly concentrated and is dominated by foreign-controlled banks originated from European countries, including Austria, Italy and Hungary. Banks in Serbia usually operate as universal banks, focused on domestic retail and business banking activities.
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Oct 25, 2023 · Let’s begin with banking in Serbia nowadays. Banking in Serbia (an overview)¹. Serbia’s central bank is the National Bank of Serbia. The banking system is made up of primarily local banks and banks from the EU, but also banks from Turkey, Russia, China and the UAE.
Feb 21, 2024 · Regional banking groups OTP and NLB are openly ambitious to further grow, and the same goes for domestic AIK bank. Intesa and Unicredit are still keeping up the pace with the latter group through organic growth. Erste bank officially expressed the same intentions.
In Serbia, the Net Interest Income in the Banking market is projected to reach US$3.65bn by 2024. Traditional Banks dominate the market with a projected market volume of US$3.14bn in 2024.
Nov 10, 2011 · Serbia’s banking sector could face plenty of hardships in the coming year, from rising loan defaults to Greek and Italian trade fallout.
Feb 15, 2024 · Serbia’s banking sector in numbers. At the end of 2022, the total number of active banks in the Serbian market was 21. Only six months later this number decreased to 20. The consolidation trend...
Jun 20, 2024 · In this article, we’ll provide you with the information you need to know when opening bank accounts in Serbia. We’ll also cover the challenges you’ll face and common mistakes when applying for a bank account here. Of course, we’ll also discuss the benefits of banking in Serbia for non-residents.
Major Banks of Serbia. #1: Banca Intesa a.d. Beograd. Banca Intesa a.d. Beograd was established in 1990 and became the first private banks in Serbia. Initially focused on corporate clients Banca Intesa a.d. Beograd quickly extended its activities and became a universal commerical bank.
