Poštanska štedionica

Banka Poštanska štedionica a.d.
Native name
Поштанска штедионица
Public limited company
Traded as BELEX: PSBN
Industry Financial services
Founded Belgrade, Serbia (June 26, 1921 (1921-06-26))
Headquarters Belgrade, Serbia
Area served
Serbia
Key people
dr. Srđan Cekić (Executive director)
Products Retail, investment, investment management, public finance
Revenue Increase 120.66 million (2013)[1]
Decrease €1.14 million (2013)[1]
Total assets Increase €868.44 million (2013)[1]
Total equity Increase €108.59 million (2013)[1]
Owner Government of Serbia (74.56%)
Pošta Srbije (24.18%)
Others
Number of employees
1,904[1]
Website www.posted.co.rs

Poštanska štedionica (full legal name: Banka Poštanska štedionica a.d. Beograd) is one of the largest operating banks in Serbia, majority owned by the Government of Serbia. It was founded in 1921 and its headquarters is in Belgrade, Serbia.

History

Poštanska štedionica was founded on June 26, 1921 in Palilula, Belgrade. It was admitted to the free market in Belgrade Stock Exchange on February 7, 2006.[2]

In October 2013, Serbian Ministry of Finance proposed to the government that bank takes over all insured and uninsured deposits and parts of assets of the majority state-owned Privredna banka Beograd which has lost licence for banking.[3] Later, in late January 2014, another state-owned Univerzal banka has lost its licence and Poštanska štedionica took their clients.[4]

Branches

Bank has a network of 9 branches, 119 offices and 8 independent counter in whole Serbia. Main branches in Serbia:

Market data

At the end of 2013 Poštanska štedionica's total assets reached 868.44 million.[1] As of March 7, 2014 Poštanska štedionica has a market capitalization of €101.36 million.[5]

See also

References


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