Addiko Bank Company Profile and Operations

Addiko Bank is a leading regional bank in Central and Eastern Europe, with a strong presence in several countries. It offers a wide range of financial services to individuals and businesses.

The bank's operations are focused on microfinance and small business lending, providing access to financial services for underserved populations. Addiko Bank has a long history, dating back to 1994.

With a network of over 200 branches and offices, Addiko Bank serves millions of customers across the region. Its commitment to financial inclusion has made a significant impact in the communities it serves.

Recommended read: Banks and Banking Services

Addiko Bank is a leading European financial institution with a strong presence in Southeastern Europe.

Addiko Bank has a rich history dating back to 1994 and has undergone significant transformations over the years to become the bank it is today.

The bank's headquarters is located in Vienna, Austria, and it has a strong presence in several countries including Bulgaria, Croatia, Kosovo, Montenegro, North Macedonia, Romania, Serbia, and Slovenia.

Addiko Bank offers a wide range of financial services including corporate banking, retail banking, and leasing services.

The bank has a significant presence in the corporate banking sector, serving a diverse range of clients from small and medium-sized enterprises to large corporations.

Readers also liked: OP Financial Group

You'll need a Addiko Bank A.d. Beograd SWIFT code for international money transfers, as it's crucial for routing funds to the correct bank and branch.

For most international transfers, especially within Europe and to countries that adopt IBAN, you'll need both the recipient's IBAN and the bank's SWIFT/BIC code. The IBAN identifies the specific account for the funds, while the SWIFT/BIC code identifies the bank and its branch.

You can get access to a 30-days trial of an all-in-one financial management solution, which can make international transfers and other financial tasks a breeze.

You'll need a SWIFT code for international transfers, as it's crucial for routing funds to the correct bank and branch.

To initiate an international transfer to a bank account in Serbia, you'll need the SWIFT code of the recipient bank, in this case, Addiko Bank A.d. Beograd.

A SWIFT code ensures a secure and efficient transfer process, so don't skip this step.

Traditional banks often process international transfers slowly and at a higher cost, making them a less-than-ideal option.

As an alternative, consider using a business account like Qonto for international transactions, which provides a swift, cost-effective, and secure solution.

Here's an interesting read: Banking Code

For most international transfers, especially within Europe and to countries that adopt IBAN, you will need both the recipient's IBAN and the bank's SWIFT/BIC code. This helps to identify the specific account for the funds and the bank and its branch where the account is held.

You'll need an IBAN for international transfers to countries that adopt IBAN, so make sure to obtain this information from the recipient.

The IBAN helps to identify the specific account for the funds, ensuring that the transfer is processed correctly.

To initiate an international transfer to an Addiko Bank A.d. Beograd bank account, you'll need the SWIFT code along with other essential details.

You can find your Addiko Bank A.d. Beograd SWIFT code on your bank statement, by logging into your online banking account, or by contacting Addiko Bank A.d. Beograd directly.

Yes, you need a Addiko Bank A.d. Beograd SWIFT code for international transfers, which is crucial for routing the funds to the correct bank and branch, ensuring a secure and efficient transfer process.

You'll need the SWIFT code of Addiko Bank A.d. Beograd to initiate an international transfer to a bank account in Serbia.

The SWIFT code is crucial for routing the funds to the correct bank and branch, ensuring a secure and efficient transfer process.

You can find your Addiko Bank A.d. Beograd SWIFT code on your bank statement, by logging into your online banking account, or by contacting Addiko Bank A.d. Beograd directly.

Traditional banks often process international transfers slowly and at a higher cost, but alternatives like the Qonto business account can provide a swift, cost-effective, and secure solution.

Addiko Bank A.d. Beograd's SWIFT code is often listed on the official Addiko Bank A.d. Beograd website under banking information or help sections.

The return on investment is a crucial aspect of evaluating a bank's performance.

HYPO ALPE-ADRIA-BANK AD BANJA LUKA's equity stands at 152,940,931, which is 99.9% of the total.

The valuation of HYPO ALPE-ADRIA-BANK AD BANJA LUKA is $86,168,450.

The return on investment for HYPO ALPE-ADRIA-BANK AD BANJA LUKA can be calculated by dividing the valuation by the equity, resulting in a valuation to equity ratio.

ADDIKO BANK AG's equity is 212,858, which is 1.09% of the total.

The valuation of ADDIKO BANK AG is $4,049,360.

Here's an interesting read: Commercial Banks vs Investment Banks

Addiko Bank's sales have seen a significant increase in recent years. In 2020, consumer sales reached 120 million.

The bank's sales by activity reveal some interesting trends. Consumer sales have been steadily increasing, reaching 156 million in 2023.

SME Business sales have also seen a notable increase, growing from 38.5 million in 2019 to 91.4 million in 2023. Large Corporates sales, on the other hand, have declined, reaching 11.7 million in 2023, down from 23.5 million in 2019.

A look at the bank's sales by activity over the past few years shows a mixed picture. While Consumer and SME Business sales have increased, Large Corporates and Public Finance sales have declined.

Here's a breakdown of Addiko Bank's sales by activity in 2023:

NAICS Code Lookup is a valuable tool for businesses and individuals to accurately classify their activities and operations. The NAICS code for Addiko Bank AG is 5223, 52, 522110, 522, 522320, 5221, 52232, and 52211.

You can use the NAICS code to determine the industry classification of a business. For example, Addiko Bank AG's NAICS codes indicate it is classified under the finance and insurance sector.

The NAICS code system provides a standardized way to classify businesses, making it easier to compare and analyze data. This is especially useful for businesses looking to expand or enter new markets.

In some cases, a business may have multiple NAICS codes. Addiko Bank AG has multiple NAICS codes, including 5223 and 52211, which indicates it is classified under both the commercial banking and other depositary credit intermediation industries.

Addiko's internal processes were too complex, taking too long and relying heavily on paper documents. This made it difficult to provide an exceptional customer experience.

Their processes were not consistent across countries, creating inefficiencies and slowing down operations. This inconsistency hindered their ability to improve external services to customers.

To address this issue, Addiko recognized the need for simple, fast, and transparent processes that would have a significant impact on customer experience.

Sales by Activity is a crucial aspect of a company's revenue. Addiko Bank AG's sales by activity are a great example of this.

Consumer sales have been steadily increasing, reaching 156M in 2023, up from 120M in 2020 and 140M in 2021.

The SME Business segment has also seen a significant jump, with sales reaching 91.4M in 2023, up from 18.6M in 2020 and 38.5M in 2019.

Large Corporates, on the other hand, have seen a decline in sales, reaching 11.7M in 2023, down from 23.5M in 2019 and 13.2M in 2020.

Public Finance sales have remained relatively stable, reaching 6.6M in 2023, up from 4M in 2021 but down from 9.3M in 2019.

Here's a breakdown of Addiko Bank AG's sales by activity for 2023:

The Corporate Center has seen a significant decline in sales, reaching -23.8M in 2023, down from -8.7M in 2022 and 16.6M in 2021.

The geographical breakdown of sales is a fascinating topic, and Addiko Bank AG's numbers are no exception. In 2023, Croatia (ABC) led the way with a significant increase in sales, reaching 88.1 million euros.

Croatia's sales have been steadily growing over the years, with a notable spike in 2023. In contrast, Slovenia (ABS) experienced a more moderate growth, but still managed to reach 62.5 million euros in sales.

The other countries in the region also showed varying degrees of growth. Serbia (ABSE) maintained a consistent sales figure of around 38-40 million euros, while Bosnia & Herzegovina and Banja Luka (ABBL) saw a slight increase in sales, reaching 29.3 million euros in 2023.

Here's a breakdown of the top five countries by sales in 2023:

It's worth noting that the sales figures for some countries, like ABH, experienced significant fluctuations over the years, but still managed to show growth in 2023.

Addiko Bank has a strong leadership team in place. Herbert Juranek is the CEO of the bank, a position he has held since April 30, 2021.

The Executive Committee is led by Herbert Juranek, with Edgar Flaggl serving as Director of Finance and CFO since December 31, 2020. Ganesh Krishnamoorthi is the Chief Tech/Sci/R&D Officer, and Carmen Staicu is responsible for Sales & Marketing.

The Board of Directors is composed of several experienced individuals, including Kurt Pribil, who serves as Chairman. The Board also includes Christian Lobner, Johannes Proksch, Thomas Wieser, Monika Wildner, Frank Schwab, and Sava Ivanov Dalbokov, all of whom are Director/Board Members.

The executive committee of Addiko Bank AG is a team of skilled leaders who drive the bank's strategy and operations. Herbert Juranek, the CEO, has been leading the bank since 2021.

Herbert Juranek's experience as CEO since 2021 has been instrumental in shaping the bank's direction. Edgar Flaggl, the Director of Finance, has been with the bank since 2020, bringing his expertise in finance to the table.

Edgar Flaggl's role as Director of Finance is crucial in overseeing the bank's financial operations. Ganesh Krishnamoorthi, the Chief Technology/Science/R&D Officer, has been with the bank since 2019, driving innovation and technological advancements.

Ganesh Krishnamoorthi's focus on technology has helped the bank stay ahead in the digital landscape. Carmen Staicu, the Sales & Marketing Officer, has a crucial role in promoting the bank's products and services.

Carmen Staicu's role in sales and marketing is vital in reaching new customers and expanding the bank's customer base. Constantin Gussich, the Investor Relations Contact, is responsible for managing the bank's relationships with investors.

The executive committee's diverse skills and experience make them well-equipped to lead Addiko Bank AG towards success.

Suggestion: Bank Officer

The Board of Directors at Addiko Bank AG is composed of six members, including a Chairman and five Directors/Board Members.

Kurt Pribil serves as the Chairman of the Board, a position he has held since November 26, 2020. He is 68 years old.

The Directors/Board Members are Christian Lobner, Johannes Proksch, Thomas Wieser, Monika Wildner, and Frank Schwab.

Christian Lobner has been a Director/Board Member since December 31, 2003, and is 47 years old.

Johannes Proksch joined the Board on April 13, 2022, and is 56 years old.

Thomas Wieser has been a Director/Board Member since December 31, 2004, and is 45 years old.

Monika Wildner has been a Director/Board Member since June 30, 2020, and is 54 years old.

Frank Schwab has been a Director/Board Member since November 26, 2020, and is 56 years old.

Sava Ivanov Dalbokov is also a Director/Board Member, having joined the Board on April 13, 2022, and is 52 years old.

Here is a list of the Board of Directors at Addiko Bank AG:

Addiko Bank AG has a diverse group of companies under its umbrella, each with its own unique focus and services.

Addiko Bank ad Beograd, founded in 2002, provides commercial banking services to individuals, businesses, and the public sector in Serbia.

The company's regional presence is further expanded by HYPO ALPE-ADRIA-BANK AD BANJA LUKA, also a regional bank.

Addiko Bank dd Sarajevo, founded in 2000, offers a wide range of banking services to private entrepreneurs, small and medium entities, large entities, and the public sector in Bosnia and Herzegovina.

Addiko Bank dd, based in Croatia, provides retail and corporate banking services, including credit cards, deposits, loans, and internet banking, since its founding in 1996.

Here's a brief overview of the group companies: