Harman Patil (Editor)

Vojvođanska banka

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Native name
  
Војвођанска банка

Industry
  
Finance and Insurance

Headquarters
  
Novi Sad, Serbia

Founded
  
1868

Net income
  
12.06 million EUR (2013)

Type
  
Public

Area served
  
Serbia

Revenue
  
92.9 million EUR (2013)

Number of employees
  
1,733

Parent organization
  
National Bank of Greece

Vojvođanska banka httpswwwbrandsoftheworldcomsitesdefaultfil

Key people
  
Marinos Vathis (Executive director)

Products
  
Commercial banking, Investment banking

CEO
  
Marinos Vathis (Jul 2010–)

Profiles

Vojvođanska banka a.d. Novi Sad, commonly just Vojvođanska banka is a bank based in Novi Sad, Serbia. It is a universal bank, with functions of commercial and investment banking.

Contents

In retail banking, which is first in Serbian Dinars savings, third in foreign currency savings and first according to the number of issued VISA cards – over 430,000.

History

The first branch of Vojvodjanska banka was founded in 1868 in Sombor as a credit cooperative. Later, in 1962, Vojvodjanska banka was repackaged as Privredna banka; soon after, Privredna banka was joined by Komercijalna banka Senta, Komercijalna banka Bačka Topola, Sremska banka Sremska Mitrovica, Kreditna banka Kula and Banatska banka Zrenjanin. In 1973, Privredna banka became Vojvođanska banka, the largest banking institution in the province of Vojvodina and one of the largest in the country. It had 16 branches.

In the end of the 1970s, Bank opened three independent representative offices in New York City, London and Frankfurt; and joint representative offices established in Moscow, Beijing and Tehran.

In the 1980s, Vojvođanska Bank became a member of the Yugoslav Banking Consortium for the realization of the first loan granted by IFC for the development of small companies; and Associate Bank realized 70% of the total foreign exchange operations of Vojvodina economy. In 1989, the Bank split up into 9 equal successors; the Head Office and 8 branches. Later, during the 1990s, bank starter to open more branches in Central Serbia, Banja Luka (in Republika Srpska) and in Podgorica (Montenegro). The branch office in Banja Luka became an independent bank with the major equity share in private ownership. Vojvodjanska banka was the co-founder and shareholder of VB Banja Luka.

From 1995, Vojvodjanska banka d.d. became Vojvodjanska banka a.d. (joint-stock company). Republic of Serbia owns 99.42% of shares.

In September 2006, National Bank of Greece bought 99.44% of Vojvođanska banka's capital for €385 million.

Branches

Bank has a network of 23 branches and 172 offices in whole Serbia. Main branches in Serbia:

Logos

The first logo of Vojvođanska banka was designed in 1963, as "Privredna banka Vojvodine". It has contained the two upper-case Latin letters V and B like the geometric shape, which the letter V has shaped as parallelogram and the letter B has shaped as two halves of circle. From 1973, Privredna banka Vojvodine has changed her name into Vojvođanska banka. This logo of bank has been in use until 1974. From 1974, the Vojvođanska banka logo has contained the two lower-case Latin letters v and b, which the letter v has been smaller than letter b which the first letter has put above the second letter. This logo of bank has been in use until 1992, which was replaced by the current Vojvođanska banka logo similar to American dollar sign which contains the two upper-case Cyrillic letters В and Б, which the letter В is reversed and touches the letter Б.

References

Vojvođanska banka Wikipedia