NATIONAL BANK OF SERBIA

Serbian state has, after liberation from the Turks, started its new centuries old existence by establishing the most important state and cultural institutions - National library (1832), Lyceum – precursor of the Expert High School Institution (1838), Society of the Serbian Consciousness - later, Science Academy (1841), of the National Museum (1844) and the National Theatre (1868).
During the time of formation of those national pillars, the monetary system of Serbia was characterized by the lack of national money and utilization of even 43 banknotes of other states. The first Serbian money, minted of copper and silver already in the time of King Uros (1243-1276), as well as the money issued by the later Nemanjici, was just a rare nemismatic value.
The need to establish Central Bank was becoming more and more obvious. In "Serbian Newspapers", in the article “Contemporary monetary crisis”, published in 1854, we find the first written record on the necessity of founding one such institution. However, from the first initiative about that to its implementation, three decades passed. Just in 1884 such an institution has started to work under the name Privileged National Bank of the Serbian Kingdom.
The Bank has been organized modeling upon the Belgium National Bank, which in that time stood for the template of modern organization of the banking institution. Shareholders' Assembly was formed, the Main Board, Management Board Supervisory Board and Discounting Board and the governor and vice governor functions have been established (the first governor was Aleksa Spasic, until then, Minister without Portfolio)
Although established as privileged private shareholder's institution. Bank operations were performed under constant state control. Until 1920 when its territorial authority has been expanded, the legislator considered Bank merely as a credit institution, and since 1931 the first function has been allocated to it - monetary policy, and as second - credit policy. The first and the most important task of the Bank which, according to the changes of the state name since 1929 it operates under the title of the National Bank of the Kingdom of Yugoslavia , starts to take care of money and maintains its stability.
During the Second World War (since April 1941 to October 1944) it has performed the jobs from its representative office in London . In September 1946 the Bank has been nationalized and since then it performs its functions under the title of the National Bank of Yugoslavia.
By the Law on Implementation of the Constitutional Charter of the State Union of Serbia and Montenegro which has come to force on February 4th 2003, the National Bank of Yugoslavia continues still to work as the body of the Serbian state. The Law on the National Bank of Serbia , which was enacted onthe 19 th July 2003 status, organization, authorities and functions of the National Bank of Serbia have been established.


DELTA BANK

Delta Bank has, operating by the highest world standards in the past 13 years, become a leader in the domestic market and reliable partner for more than 650 000 clients - physical individuals and legal entities, providing them with a quick and efficient service for all kinds of banking services with all benefits of modern banking operations. Delta Bank is a business bank seated in Belgrade , and the network of 144 organizational parts in more than 100 towns of Serbia . It has been established on the 16th October 1991 as a Joint Stock Company.
Professional attitude in operation, following world trends, investment into modern technology, expansion of the network, but before all investment in staff with maximum effort and team work of the employees has led us to the banking top.
The business results are better and better as the years go by, and the last year, 2004 was for Delta Bank the most successful business year since its founding.


NOVOSADSKA BANKA AD NOVI SAD

Novosadska bank ad Novi Sad is the oldest bank in the area of State Union of Serbia and Montenegro.
It has been established in 1864 under the name Novosadska stedionica (Novi Sad Savings Bank) following the initiative of the Bishop of Backa - Platon Atanackovic.
According to its overall operations the Novosadska bank has developed in a universal bank. It has collected free funds from the citizens, business and non-business organizations, taken credits in the country and abroad under its name and on behalf of its members and clients, granted credits, guarantees and sureties, performed payment transactions with abroad and other jobs.

The period from 1990 until today
In February 1989 a Law on Banks and Other Financial Institutions and Organizations has been passed, according to which the banks are independent financial organizations, market oriented, trading in money and so earning their profit. According to that low, Novosadska bank- Basic bank ceased to operate, but Novosadska Bank d.d. started its operations on the 1st of January 1990.
The Bank follows social changes, and in line with them since 1995 operates as Novosadska bank a.d. (Joint Stock Company). Novosadska bank ceased to operate within the Joint Vojvodjanska bank on the 31 st December 1989.
During August 2000 Novosadska bank takes over Dinara bank from Belgrade and forms the Affiliate Belgrade, and since 07th August 2001 it also acquires Vrsacka bank and forms the Affiliate Banat. Enviably long business life of 140 years shows how by adequate mix of tradition of success and modern achievements in the area of banking, out of Novosadska stedionica from 1864 Novosadska bank was created, as one of the most successful financial institutions in this region. Although the very foundation of the Novosadska stedionica was stimulated by the necessity to support and direct economic and social development, today such a role of the Novosadska bank comes to full expression. The Bank not only represents a reliable element of the total financial system, but the responsibility of the Bank towards shareholders, clients, clients, regulatory bodies, employees and wider social community has been clearly established -through active relationship towards the surrounding.


SOCIETE GENERALE YUGOSLAV BANK

In 1977 Societe Generale has opened a representative office in Belgrade , Yugoslavia .
Since 1991 Societe Generale is present on the Yugoslav market as the first foreign bank.
Societe Generale Yugoslav Bank is a part of the Societe Generale Group, well known in the banking sector as a sign of safety, professionalism and experience.
Societe Generale Yugoslav Bank has in the period 1991 - 2001 worked exclusively with legal entities.
Since December 2001 the Societe Generale Yugoslav Bank starts its activities of work with the physical individuals. Until now, 25 branch offices have been opened in Serbia.
Societe Generale Yugoslav Bank has until now on the domestic market received reputation by its professionalism, quality of services and team spirit, based on the Societe Generale Group standards.


UNIVERZAL BANKA SC BELGRADE

UNIVERZAL BANKA SC Belgrade, (hereinafter: Bank) was founded in 1992. Objectives set by the founders were to:

• Establish stable sources for providing credits to small, medium and large enterprises
• Develop network of correspondence relations with the best world banks
• Provide high quality services to clients
• Ensure efficient operations through employment of highly proficient human resources and through acquiring modern technical and technological solutions.

In course of Bank operations, none of indicators relevant to existence and successful operations was jeopardized.
Bank constantly harmonized its operations with legal regulations in the field of banking. As such, in January 2003, Bank swimmingly engaged in local payment operations. Bank is participating in international payment operations system - SWIFT, which allows for possibility of providing quality services to its clients in that field.
In each of its 10 Subsidiaries and Branch offices, quality service may be provided to the clients in efficient manner (legal and natural persons / dinars and foreign currency affairs).


VOJVODJANSKA BANKA

In 1868, Vojvodjanska banka's oldest branch office was founded in Sombor as credit cooperative.
In 1962, Vojvodjanska banka was founded as Commercial Bank of the Autonomous Province of Vojvodina.
Vojvodjanska banka is an universal bank combining commercial and investment banking functions. Through developed network consisted of 23 branch offices and 180 sales offices Bank provides services for over 900.000 natural persons and over 60.000 legal persons.
Successfully implemented vision of Vojvodjanska banka is contemporary organized; it is profitable and long term successful bank, which consistently takes care about satisfaction of its clients, employees and environment pertaining to its scope of work.
Vojvodjanska banka has a strong position in the retail sector in Serbia , which is confirmed by the fact that it takes the first place as regards of savings in dinars, third place for foreign currency savings and first when it comes to number of issued VISA cards - 300.000, on account of which citizens may use Bank's service through both networks of cash dispensers and POS terminals. Bank is offering to citizens cash and consumer credits, array of services such as current accounts, local and international payment operations, product packages for segments of different clients, home banking, Visa and Dina cards, safe box services and exchange transactions, money transfer Western Union, international pensions, as well as the sales of American Express traveler's cheques.
Out of entire payment operations handled through Bank, 74% of payment operations is carried out within the Bank, indicating large number of clients, and other 26% falls into inter-banking operations and makes 10% out of total payment operations in the country.
International operations of Vojvodjanska banka are carried out through developed network comprising over 360 correspondent banks. Bank has open accounts and contacted business arrangements with the largest world banks. Our clients may also use short term credits to finance trade approved by first class world banks and covered by foreign credit insurance agencies.
Particularity of Vojvodanska banka is that this Bank is also authorized for carrying out dealer-broker and custody operations, evaluation of business plans, evaluation of capital value and privatization consulting.
With regard to competitiveness of member banks of the Belgrade Stock Exchange, the Bank takes 1. place concerning turnover value, 2. place concerning number of transactions and 5. place concerning value of realized turnover.


KOMERCIJALNA BANKA

Komercijalna banka SC Belgrade operates successfully for three decades, promotes banking operations, modernizes work organization and expands its business network. It is an universal bank - shareholding company.
According to the size of balance and capital, Komercijalna banka SC Belgrade is in the top of banking in Serbia and Montenegro , and with regard to payment credibility and successfulness, strongly ahead of others, well known as one of the safest and most efficient banking institutions in SCG with the very important scope of industrial operations in the country.
Trust was also signified by international institutions working and operating in our country, such as:
United Nations Agencies (UNHCR, UNICEF, UNDP, WFP, WHO etc.) humanitarian organizations (Save the Children, Swiss Disaster Relief-SDR, OXFAM, IRC, IFRC, Danish Refugee Council, IOM) and majority of embassies ( USA , Australia , Canada , Brazil , Germany , Greece , Switzerland , Belgium , Israel , Guinea , Republic of Ghana ...)
In addition to Bank's head office in Sveti Sava street No.14, at Slavija square and business premises buildings in Svetogorska street No 42-44 and in KraljaPetra 19-21 in Belgrade , Komercijalna banka SC Belgrade along with its main subsidiaries in Belgrade (Danube), Krusevac and Nis and branch offices in Sabac, Novi Pazar, Subotica , Pozarevac, Smederevo, Loznica, Jagodina, Priboj, Kraljevo, Valjevo, Kragujevac, Novi Sad , Cacak, Vranje, Zajecar, Uzice, Sremska Mitrovica and Zrenjanin and network of 263 branch offices in Belgrade and provincial area, cover the whole SCG territory.
Bank participates in SWIFT (the largest world network for financial transactions) and utilizes 24 hours Reuters service.


EKSIM BANKA

Eksimbanka (hereinafter Bank) was founded on 25th December 1991, based on Law on banking and other financial organizations and Decision by Constitution Conference from 15th October 1991.
At time the Bank was founded, vision was that the Bank should become leader on local financial market in the field of business operations with small and medium enterprises, and it is recognizable for its reliability, competitiveness and quality of services.


MERIDIAN BANKA

Meridian Bank SC was founded in 1991. It is an entirely private bank, with market orientation towards small and medium enterprises and population. With regard to categorization by National Bank of Serbia, Meridian Bank is a bank with strong authorization for international business operations and A class bank. Meridian Bank has quality certificate ISO 9001 in the field of banking services.
Meridian Bank operates in over 70 main subsidiaries in all larger towns in Serbia , while opening of 10 new subsidiaries is pending. Number of clients served by Meridian Bank amounts to 20.000 legal and 60.000 natural persons.
Over 5.000 clients use electronic payment system.
Over 20.000 clients own a particular VISA, MasterCard and DinaCard pay cards.