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Full name: Razvojna Banka Vojvodine A.D. Novi Sad - in bankruptcy
Previous name(s): Metals Banka A.D. Novi Sad (2010)
Legal Form: Public Limited Company
Operational Status: Under Legal Investigation
Incorporation Date: 27-Dec-95
Metals Banka was set up in 1990 by 37 largely metal processing enterprises from the northern region of Vojvodina.
Its capital was formed through 12 share issues. The bank posted a pre-tax profit of RSD 369.9 billion in 2006. With a stake of slightly more than 16%, insurance company DDOR Novi Sad, was the largest shareholder in the lender, whose assets stood at RSD 9.45 billion at the end of 2006.
In March 2005, Metals Banka acquired local DDOR Banka for an undisclosed sum and later both lenders
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