The National Bank of Serbia (NBS) is the central bank of the country. Founded in 1884, the NBS aims to achieve and maintain price stability and formulates and implements monetary policies. It also manages foreign exchange services and supervises financial institutions and banks in Serbia.
Twenty-seven (27) banks in Serbia were operating as of May 2021, comprising six state-owned and two privately-owned banks, and 19banks under foreign ownership. Banks in Serbia are well-capitalized, both in terms of the structure of regulatory capital and prescribed capital.
For anyone considering a banking career in Serbia, this list of banks in Serbia is a helpful guide on where to start. To learn more, see our list of financial institutions.
The Top Banks in Serbia Include:
Banca Intesa – Beograd
Founded in 1991, Banca Intesa is one of Serbia’s first private banks. It also leads banks in Serbia in terms of total assets, total deposits, total placements, and total revenues and capital. In 2005, the bank became part of the international group, Intesa Sanpaolo.
Headquartered in Belgrade, it currently employs 3,000 individuals and operates 154 branches across the country.
Net income: RSD 12.33 billion (2019)
Total assets: RSD 652.63 billion (2019)
Established in 1970, Komercijalna Banka serves individual customers, SMEs, and businesses, offering a wide range of financial products and services. It became a joint-stock company in 1992.
Based in Belgrade, the bank employs 3,106 individuals and operates a network of 214 branches, 13 branch offices, and 11 business centers in Serbia, Montenegro, and Bosnia, and Herzegovina.
Net income: RSD 3.00 billion (2020)
Total assets: RSD 500.29 billion (2020)
UniCredit Banka Serbia
UniCredit Banka Serbia operates as a wholly-owned subsidiary of the Italian banking group UniCredit. It is one of the banks in Serbia that offers a comprehensive range of financial products and services, serving clients from small start-up ventures to the biggest global corporations.
As of December 31, 2020, it operated 72 branch offices and two counters in the Republic of Serbia. The bank was founded in 2001 and is headquartered in Belgrade. UniCredit Bank Srbija is a subsidiary of UniCredit SpA.
Net income: RSD 5.38 billion (2020)
Total assets: RSD 498.84 billion (2020)
OTP banka Srbija
OTP banka Srbija A.D. Beograd was formerly known as Societe Generale Banka Srbija Beograd and adopted its current name on September 25, 2019. Founded in 1990, the bank offers a wide range of banking products and services to individuals, financial institutions, SMEs, and companies. Headquartered in Belgrade, the bank operates 96 branches across Serbia.
Net income: RSD 2.07 billion (2020)
Total assets: RSD 392.72 billion (2020)
Established in 2001, Raiffeisen Banka provides banking services to major customer segments, including retail and corporate clients. The bank operates as a subsidiary of Austria-based Raiffeisen Bank. Headquartered in Zagreb, it currently employs 1,527 staff and oversees 86 business outlets.
Net income: RSD 6.11 billion (2019)
Total assets: RSD 318.90 billion (2019)
AIK Banka was founded in 1976 as an internal bank of Agro-Industrial Enterprise. It obtained its universal banking license in 1993, allowing it to offer banking products and services, with a focus on agriculture and retail clients, as well as on SMEs. As of 2015, the bank managed 35 branches and one bank counter.
Net income: RSD 8.23 billion (2019)
Total assets: RSD 216.82 billion (6/2020)
Eurobank entered the Serbian banking sector in 2003, providing a comprehensive range of standard banking services, along with some of the most innovative financial products and services offered by banks in Serbia.
The bank serves more than 500,000 account holders, comprising private individuals and companies. Based in Belgrade, it presently employs 1,200 individuals and operates a network of 80 retail branches and four business centers throughout Serbia.
Erste Bank Serbia
Erste Bank Serbia was founded in 1864 as Novosadska Stedionica, making it the oldest of the banks in Serbia. The bank is now a member of the Erste Group Bank, one of Central and Eastern Europe’s leading financial service providers. It currently manages 75 branches and three corporate centers for SME customers.
Net income: RSD 1.39 billion (2020)
Total assets: RSD 299.99 billion (2020)
Banka Postanska Stedionica
Established in 1921, Banka Postanska Stedionica offers retail banking services to individuals and SMEs through a network of Serbian postal offices. The Government of Serbia owns a majority shareholding in the bank. Based in Belgrade, the bank operates a network of nine branches, eight independent counters, and 119 offices throughout the country.
Net income: RSD 2.59 billion (2020)
Total assets: RSD 290.68 billion (2020)
Vojvodanska Banka offers individual, corporate, and investment banking services to retail customers, SMEs, and companies. In 2017, the bank became a member of the Hungary-based OTP Bank Group. Headquartered in Novi Sad, it oversees 23 branches and 172 offices across Serbia.