Eurobank–Direktna News and Timeline

Eurobank–Direktna has been making headlines with its innovative approach to banking. It was founded in 1990, marking a significant milestone in the country's financial sector.

The bank's early years were marked by rapid growth and expansion, with a focus on providing high-quality services to its customers. By the mid-1990s, Eurobank–Direktna had established itself as a major player in the market.

One of the bank's key strengths is its commitment to technological innovation. It was one of the first banks in the country to introduce online banking services, making it easier for customers to manage their accounts remotely.

Eurobank Direktna has been in the Serbian banking market since 2003, initially entering as Eurobank EFG Serbia.

It has since undergone a merger with Direktna Banka, becoming the eighth largest bank in Serbia.

Eurobank Direktna has a wide network of branches and an online platform, providing high-quality service to its clients.

The bank operates through 4 primary segments: Retail Banking, Corporate Banking, Small Business Banking & Digital Banking.

As of September 2022, Eurobank Direktna had a loan portfolio of 1.7 billion euros and 1.5 billion euros in deposits.

The combined bank, after the acquisition by AIK Banka, would have attained an over 13% market share in total assets.

AIK Banka is one of the leading financial institutions in Serbia and is expected to close the acquisition in 2023.

The acquisition is subject to regulatory approvals and other customary closing conditions.

The combined bank would have a strong capital base of more than 800 million euros as of September 2022.

Eurobank Direktna currently employs around 1,600 employees and operates 98 branches.

Eurobank Direktna has developed its banking business since entering the market in 2003 as Eurobank EFG Serbia.

The bank has undergone a significant transformation, merging with Direktna Banka in 2021, and has since become the eighth largest bank in Serbia.

Eurobank Direktna offers a full range of banking services to retail, SME, and corporate customers.

Here are the bank's details:

Eurobank Direktna A.D is a significant banking entity in Serbia, with a rich history dating back to 2003 when it entered the market as Eurobank EFG Serbia.

It's worth noting that Eurobank Direktna has undergone a significant transformation since its inception, merging with Direktna Banka in 2021 to become the eighth largest bank in Serbia.

The bank offers a full range of banking services to retail, SME, and corporate customers, making it a comprehensive financial institution in the country.

If you're looking to get in touch with Eurobank Direktna, you can use the following SWIFT code: ERBKRSBG.

Here are the details of the bank's branch in Beograd, Serbia:

Eurobank Direktana A.D. Swift Code is an 8-11 character code.

The code is made up of several parts, including a bank code, country code, location code, and branch code. The bank code is a shortened version of the bank's name, usually 4 letters long.

The country code is represented by 2 letters, indicating the country where the bank is located.

The location code is 2 characters, consisting of letters or numbers, and identifies the bank's head office location.

The branch code is 3 digits, specifying a particular branch of the bank, or 'XXX' if it's the bank's head office.

Here's a breakdown of the Eurobank Direktana A.D. Swift Code structure:

In February 2016, Serbian businessmen Andrej Jovanović and Bojan Milovanović bought KBM Banka from the Slovenian Nova KBM d.d. bank.

They later changed the name of KBM Banka to Direktna Banka on July 8, 2016.

Direktna Banka acquired 100% of shares of Findomestic Bank Serbia from the French BNP Paribas in November 2016.

This acquisition added around 400 employees and total assets worth around 200 million euros to Direktna Banka.

In November 2017, Direktna Banka bought Piraeus Bank Beograd from the Greek Piraeus Bank for a sum in the range of 58-61 million euros.

The projections were for a complete merge to be completed by the first quarter of 2018.