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Unicredit Bank Srbija A.D. Beograd (Serbia)

Main Activities: Commercial Banking
Full name: Unicredit Bank Srbija A.D. Beograd Profile Updated: January 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

UniCredit Bank Serbia is registered to provide banking services associated with payment transfers, credit and deposit activities. The lender offers a full range of banking services and products to retail and corporate clients. HVB Bank in Belgrade was set up in December 2001 with a greenfield bank licence from the Serbian central bank.
In end-November 2004, Bank Austria Creditanstalt (BA-CA), part of the HVB Group, signed an agreement to purchase 58.7% in Serbia's 11th largest bank by assets Eksimbanka for at least EUR 10 million. In early December 2004, BA-CA placed a binding offer to all Eksimbanka's minority shareholders, offering CSD 3,688 per share for the remaining 41.3% equity in the bank. At the end of the month, Bank Austria said it had bought up 98.3% of the Serbian bank.
In October 2005, the Austrian bank merged its subsidiary in the country HVB Bank Serbia and Montenegro with Eksimbanka, creating a financial institution whose assets exceed EUR 400 million.
In April 2007, HVB Bank Serbia and Montenegro was renamed into UniCredit banka Srbija in a move reflecting the merger of Italian UniCredit Bank with German HVB Group, which owns the lender through Bank Austria Creditanstalt.
UniCredit Bank Serbia operates more than 70 branch offices throughout the country.

Headquarters
Rajiceva 27-29
Beograd-Stari Grad; Beograd-Stari Grad;

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Website: http://www.unicreditbank.rs

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 11, 2001
Key Executives
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Chairman of the Management Board
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Chairman of the Executive Board
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Member of the Executive Board
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Member of the Executive Board
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Member of the Executive Board
Ownership Details
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100%
Subsidiaries
Unicredit Leasing Srbija D.O.O. Beograd
100%
Unicredit Partner - U Likvidaciji
100%
'fond Za Doskolovavanje Mladih Poljoprivrednika - Borka Vucic'
12.5%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RSD. Absolute financial data is included in the purchased report.
Net interest income
60.56%
Net fee and commission income
10.93%
Operating profit (EBIT)
74.39%
Net Profit (Loss) for the Period
120.33%
Total assets
9.49%
Loans and advances to customers
4.89%
Deposits from customers
8.82%
Total equity
16.13%
Total Assets Trend
1.16%
Net Interest Income Trend
43.22%
Cost to Income Ratio
-5.23%
Loans to Deposits Ratio
-5.41%
Loans to Asset Ratio
-5.33%

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