Banca Intesa Beograd Overview and Background

Banca Intesa Beograd is a prominent bank in Serbia, founded in 1992.

Banca Intesa Beograd is a subsidiary of Intesa Sanpaolo, a leading European banking group.

With a rich history spanning over two decades, Banca Intesa Beograd has established itself as a reliable financial institution in the region.

Banca Intesa Beograd offers a wide range of banking services, including retail banking, corporate banking, and investment banking.

Banca Intesa Beograd's CEO, Darko Popovic, has been instrumental in the bank's success, thanks to his leadership and vision.

Darko Popovic has been steadily tightening the bank's protective layers of capital, ensuring a strong liquidity position with indicators constantly higher than the regulatory minimum.

The bank's ability to preserve its leading position in key business indicators, such as total capital, assets, and customer deposits, is a testament to Popovic's leadership.

Popovic has also been proactive in credit portfolio management, which has led to low non-performing loan levels, thanks to an adequate monitoring structure and early warning systems.

Under Popovic's guidance, the bank has been successfully supporting multinational clients throughout their investments in the country, providing stable support for businesses, households, and the community.

Popovic has also emphasized the importance of digitalization, strong support from the bank's parent group, and constant product innovation in the bank's success.

The bank's focus on facilitating access to finance for entrepreneurs and SMEs is a key aspect of Popovic's leadership, with €425 million in loans provided as part of a state guarantee scheme for alleviating the negative effects of the Covid pandemic.

Banca Intesa Beograd was founded as Delta banka in 1991. The bank's early years laid the foundation for its future growth and success.

In 2005, Banca Intesa acquired a 75% stake in the bank for €278 million, increasing its stake to 90% by August of the same year. This marked a significant turning point in the bank's history.

Banca Intesa Beograd officially changed its name to Banca Intesa Beograd during the fall of 2005. This change reflected the bank's new ownership and direction.

The bank has been listed on the Belgrade Stock Exchange (BELEX) since 2006. This listing provided the bank with increased visibility and access to capital.

As a result of the 2006 merger of Banca Intesa and Sanpaolo IMI banking groups, Banca Intesa Beograd became a member of the newly formed Intesa Sanpaolo group on January 1, 2007. This marked a significant shift in the bank's operations and strategy.

In 2008, Panonska banka was merged into Banca Intesa Beograd, further expanding the bank's presence in the Serbian market.

Banca Intesa Beograd has a divisional business model, which means they organize their company into divisions based on the type of clients they serve.

The bank's business network in Serbia consists of over 200 branches in 120 cities, employing more than 3,000 people.

Women make up the majority of the bank's employees, accounting for 70% of the workforce.

About 60% of the employees have higher education.