Complete list of banks in Serbia

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Exterior of modern bank building with arched passages
Credit: pexels.com, Exterior of modern bank building with arched passages

Serbia has a well-developed banking system with a variety of institutions to choose from.

The country's banking sector is dominated by state-owned banks, with the biggest player being Komercijalna Banka.

Several international banks also have a presence in Serbia, including UniCredit and Raiffeisenbank.

Commercial Banks

There are 20 licensed commercial banks in Serbia as of 29 February 2024.

The largest bank in terms of total assets is AIK Banka, with assets worth 3.515 million euros.

AIK Banka also has the highest equity among all commercial banks, with a total equity of 659 million euros.

The bank with the highest equity to assets ratio is Mirabank, with a ratio of 42.55%.

The bank with the lowest equity to assets ratio is Banka Poštanska štedionica, with a ratio of 5.59%.

Here's a list of the top 5 banks in Serbia by total assets:

Some notable commercial banks in Serbia include NLB Komercijalna, OTP Banka Srbija, and Raiffeisen Banka.

NLB Komercijalna has over a million active customers and is part of the NLB Group, which focuses on the South East Europe region.

Defunct Banks

Credit: youtube.com, Association of Serbian Banks (ASB) - 1921-2005

Serbia has a long history of banks that have ceased to exist, either due to insolvency, bankruptcy, or mergers. Many of these banks have been a part of the country's banking landscape for decades.

Dafiment banka lost its license in May 1993, marking the beginning of a series of bank failures in Serbia. Jugoskandik followed suit in July of the same year.

BB Slavija banka's license was revoked in October 2001, while Beogradska banka, Beobanka, and Jugobanka all lost theirs in January 2002.

Investbanka, Borska banka, and Valjevska banka also ceased operations in 2002, 2004, and 2004 respectively. JIK banka and Srpska komercijalna banka followed in 2005 and 2005.

Control banka and Medifarm banka's licenses were revoked in 2007, as were Zepter banka's and KOMBANKA's. MONTEX banka and Raj banka also ceased operations in 2007.

AIK Banka Senta, BC BANK CREDIT, and GOLD INTERNACIONAL BANK all lost their licenses in 2008. Astra banka, YUEKIBANKA, and Razvojna banka Vojvodine followed in 2008, 2009, and 2010.

Recommended read: Banking in Serbia

Bank Notes
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Agrobanka and Nova Agrobanka both ceased operations in 2012, while Privredna banka and Univerzal banka followed in 2013 and 2014. Findomestic Bank Serbia and Jubanka lost their licenses in 2016 and 2017.

Jugobanka Jugbanka, Piraeus Bank Beograd, and Vojvođanska banka all ceased operations in 2018, 2018, and 2019. OTP banka Srbija a.d., mts banka, and Direktna Banka followed in 2021, 2021, and 2021.

Naša AIK Banka and NLB banka a.d. also lost their licenses in 2022 and 2022. Eurobank Direktna was bought by AIK Banka in March 2023.

Here is a list of all defunct banks in Serbia:

  • Dafiment banka (May 1993)
  • Jugoskandik (July 1993)
  • BB Slavija banka (October 2001)
  • Beogradska banka (January 2002)
  • Beobanka (January 2002)
  • Jugobanka (January 2002)
  • Investbanka (January 2002)
  • Borska banka (February 2004)
  • Valjevska banka (November 2004)
  • JIK banka (April 2005)
  • Srpska komercijalna banka (December 2005)
  • Control banka (January 2007)
  • Medifarm banka (January 2007)
  • Zepter banka (May 2007)
  • KOMBANKA (June 2007)
  • MONTEX banka (July 2007)
  • Raj banka (November 2007)
  • AIK Banka Senta (January 2008)
  • BC BANK CREDIT (May 2008)
  • GOLD INTERNACIONAL BANK (October 2008)
  • Astra banka (October 2008)
  • YUEKIBANKA (January 2009)
  • Razvojna banka Vojvodine (2010)
  • Agrobanka (May 2012)
  • Nova Agrobanka (October 2012)
  • Privredna banka (October 2013)
  • Univerzal banka (February 2014)
  • Findomestic Bank Serbia (November 2016)
  • Jubanka (December 2017)
  • Jugobanka Jugbanka (April 2018)
  • Piraeus Bank Beograd (October 2018)
  • Vojvođanska banka (April 2019)
  • OTP banka Srbija a.d. (April 2021)
  • mts banka (July 2021)
  • Direktna Banka (December 2021)
  • NLB banka a.d. (April 2022)
  • Naša AIK Banka (December 2022)
  • Eurobank Direktna, bought by AIK Banka in March 2023

Banks in Serbia

Serbia has a well-developed banking system with many local and international banks operating in the country. The National Bank of Serbia is the central bank, overseeing the banking system.

There are over 20 banks in Serbia, offering a range of standard banking services such as E-banking, M-banking, and debit cards. Many banks also offer premium features, depending on the account type.

Here is a list of some of the biggest banks in Serbia, including their operational headquarters:

Banks in Serbia

Credit: youtube.com, ✅ The 3 Best Banks in Serbia (Full Guide) - Open Bank Account

Serbia has a well-established banking system with multiple options for individuals and businesses to manage their finances.

OTP Banka has the largest number of ATMs in Serbia, with almost 300 locations available.

Banca Intesa is part of the Intesa Sanpaolo group and has been present in Serbia for 17 years, with a total of 147 branches in almost 100 cities.

NLB Komercijalna Banka is part of the NLB Group, which focuses on the South East Europe region, and has over a million active customers.

OTP Banka offers a free payment account package called Fluo, specifically designed for students up to 27 years old.

Banca Intesa's payment account packages include the Basic account, Intesa Hit payment account, Intesa Hit Plus payment account and Magnifica payment account, with the latter two allowing an American Express Blue credit card and a euro account free of charge.

NLB Komercijalna has 5 current account types: Basic, Start set, Classic set, Active set and Premium set.

The Start set is designed for young people younger than 27, while the Classic set is created for pensioners.

Here are some of the biggest banks in Serbia, along with their operational headquarters:

Banks in Serbia

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Banks in Serbia are primarily local banks, but you'll also find banks from the EU, Turkey, Russia, China, and the UAE. There are 20 banks in Serbia at the moment.

You can choose a bank that best suits your needs and open a bank account there. The banking system in Serbia offers standard banking services such as E-banking, M-banking, and debit cards with every account.

Many premium features are available, but they depend on the account type. The currency in Serbia is the Serbian dinar, but there are many foreign currency accounts available, as well as multi-currency packages.

To avoid high fees for international transfers, consider using an alternative like the Wise multi-currency account. It's ideal for international transactions and could save you a bundle.

Here's a list of some of the biggest banks in Serbia:

You can find the contact information for each bank in the list of banks section.

Top Online Banking Accounts

Credit: youtube.com, Banking Made Easy in Serbia: A Complete Guide to Opening Bank Accounts

If you're looking for online banking options in Serbia, you're in luck. Mobi Banka is the first bank in Serbia that's almost fully digital, with only one physical branch.

Their Basic account is a great starting point, and for those who need more features, they also offer the Lite account.

For more advanced users, the Starter account and Progresiv account are worth considering.

Lists of Banks

Serbia has a well-established banking system with numerous domestic and international banks operating in the country.

The following banks have a significant presence in Serbia: Raiffeisen Bank, UniCredit Bank, and NLB Bank.

Raiffeisen Bank is one of the largest banks in Serbia, with a wide range of financial services offered to both individuals and businesses.

UniCredit Bank has a strong network of branches across Serbia, providing a variety of banking products and services to its customers.

NLB Bank, on the other hand, is a leading bank in the region, with a significant market share in Serbia.

Credit: youtube.com, The Ultimate Guide to Serbian Banking

In addition to these larger banks, there are many smaller, domestic banks operating in Serbia, such as Komercijalna Banka and Agrobanka.

Komercijalna Banka offers a range of financial services, including consumer and corporate banking.

Agrobanka specializes in providing financial services to agricultural businesses and farmers.

International banks like Erste Bank and Sberbank also have a presence in Serbia, offering a range of banking services to both individuals and businesses.

Frequently Asked Questions

Which is the best bank in Serbia?

According to Euromoney and Global Finance, Banca Intesa Beograd is the best bank in Serbia, recognized for its excellence in 2024.

Can a US citizen open a bank account in Serbia?

Yes, a US citizen can open a bank account in Serbia with a wide range of banking options available

What is the largest bank in Serbia?

The largest bank in Serbia is Banca Intesa Belgrade (BIB), a leading bank in both corporate and retail banking.

Raquel Bogisich

Writer

Raquel Bogisich is a seasoned writer with a deep understanding of financial services in the Philippines. Her work delves into the intricacies of digital banks and traditional banking systems, offering readers insightful analyses and expert opinions on the evolving landscape of financial services. Her articles on digital banks in the Philippines and banks of the country have been featured in several leading financial publications, highlighting her ability to simplify complex financial concepts for a broader audience.

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