Sberbank Srbija

Sberbank Srbija a.d.

Native name	Sberbank Srbija a.d. Beograd / Сбербанк Србија а.д. Београд
Type	Joint-stock company
Industry	Finance and insurance
Predecessor	Volksbank Beograd
Founded	Belgrade, Serbia (November 11, 1991 (1991-11-11))
Headquarters	Belgrade, Serbia
Area served	Serbia
Key people	Valeriy Ovsyannikov (Executive director)
Products	Commercial banking
Revenue	€66.05 million (2013)
Net income	€8.85 million (2013)
Total assets	€867.24 million (2013)
Total equity	€188.17 million (2013)
Owner	Sberbank Europe AG (100%)
Number of employees	568
Parent	Sberbank
Website	www.sberbank.rs

Sberbank Srbija (full name: Sberbank Srbija a.d. Beograd) is the Serbian subsidiary of Russian Sberbank. The bank currently offers financial services to small and mid-sized businesses, entrepreneurs, and private individuals.

The bank arrived on the Serbian market in September 2003 by registering a subsidiary with a following ownership structure:

• 92.96% - Volksbank International AG, ÖVAG's arm that oversees its ventures outside Austria (namely in Hungary, Serbia, Malta, Bosnia-Herzegovina, Slovenia, Romania, Croatia, Slovakia, and Czech Republic)
• 7.04% - European Bank for Reconstruction and Development (EBRD)

In 2012, Sberbank acquired 100 percent of Volksbank International and eventually it became owner of Volksbank Serbia. The bank then changed its name to Sberbank Srbija.

External links

• Sberbank Srbija