September 24, 2017 12:19 AM ET


Company Overview of Vojvodjanska Banka a.d. Novi Sad

Company Overview

Vojvodanska banka a.d. engages in the provision of various banking products and services in Serbia. The company offers savings accounts, current accounts, time deposits, and foreign currency savings accounts; cash, refinancing, housing, home equity, working capital, and investment loans; and debit and credit cards, as well as overdraft services. It also provides safe deposit box services; foreign currency pension payment and foreign currency exchange services; securities trading services; brokerage and financial advisory services; money and foreign exchange trading services; custody services; and POS terminals. In addition, the company offers Internet banking and mobile banking services, as ...

7, Trg Slobode

Novi Sad,  


Founded in 1868

1,468 Employees

Key Executives for Vojvodjanska Banka a.d. Novi Sad

President of the Executive Board
Age: 60
Chief Financial Officer and Member of the Executive Board
Age: 44
Chief Operating Officer and Member of the Executive Board
Age: 53
Assistant Finance Division Director
Member of the Executive Board
Age: 42
Compensation as of Fiscal Year 2017.

Vojvodjanska Banka a.d. Novi Sad Key Developments

Greek National Bank Reportedly Plans To Sell Off Serbia's Vojvodjanksa Banka

Three banks - including two domestic banks and one headquartered in a neighboring country - are reportedly interested in Serbia's Vojvodjanska banka a.d. Novi Sad, which National Bank of Greece S.A. (ATSE:ETE) plans to sell off. All Greek lenders in Serbia are due to be sold off in 2017, Serbia's former central bank governor Radovan Jelasic, who is now a member of the Greek-based Hellenic Financial Stability Fund's supervisory board, said in January. As well as Vojvodjanska Banka, these are the local operations of Piraeus Bank, Eurobank and Alpha Bank. "After Alpha Bank Srbija, [Vojvodjanska banka] is the second of a total of four Greek banks in Serbia which are on sale. The official sales procedure hasn't started yet and the whole process will last quite a long time. Though, the sale of Vojvodjanska banka is likely and there is also already huge interest in it on the Serbian market," Blic quoted an unnamed source.

Four Greek-Owned Banks In Serbia Are Up For Sale

Four Greek-owned banks in Serbia are up for sale. A senior official of the Hellenic Financial Stability Fund (HFSF) said the Serbian subsidiaries of all four Greek systemic banks are up for sale, Belgrade-based media reported over the weekend ending on January 29, 2017. Radovan Jelasic, Non-Executive General Council Member of HFSF, said in an interview with daily Danas on January 28, 2017, “Vojvodjanska Banka a.d. Novi Sad, Piraeus Bank Beograd AD, Eurobank EFG Stedionica a.d. Beograd and Alpha Bank Srbija A.D. are seeking buyers. HFSF is most interested in the sale of Vovodjanska banka and of Piraeus banka. The money from the sale of the banks is needed not only by HFSF but also by Greek taxpayers.”

Eurobank And Vojvodjanska Cancels Merger Plans

Eurobank Ergasias S.A. (ATSE : EUROB) and Vojvodjanska Banka a.d. Novi Sad reportedly cancels the plans to merge. Vecernje Novosti reportedly wrote that Alfa Banka ceased a decision on the merger with Eurobank, until a response from the Greek government regarding its talks with the private creditors, for the write-off of €100 billion.

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