AIK Bank Nis
Encyclopedia
AIK banka Niš is a bank based in Niš
Niš
Niš is the largest city of southern Serbia and third-largest city in Serbia . According to the data from 2011, the city of Niš has a population of 177,972 inhabitants, while the city municipality has a population of 257,867. The city covers an area of about 597 km2, including the urban area,...

, Serbia
Serbia
Serbia , officially the Republic of Serbia , is a landlocked country located at the crossroads of Central and Southeast Europe, covering the southern part of the Carpathian basin and the central part of the Balkans...

.

It was founded in 1976 as the internal bank of the Agro-industrial Combine Niš. AIK Bank officially began operating as a bank after it obtain a license of the National Bank of Yugoslavia (NBJ). AIK Bank was registered as a joint-stock company at 1995. The Bank built its business reputation of a strong dealer-broker company.

2004

  • The Best Bank by Capital Strength
  • The Best Bank by ROA (Return on Assets)

Acquisition

On 11.09.2006. ATEbank
ATEbank
The Agricultural Bank of Greece is a commercial bank based in Athens, Greece. The bank was founded in 1929. The bank proclaimed that it would focus on the Balkan bank market, with the business activities of supporting of the agricultural sector...

 based in Greece
Greece
Greece , officially the Hellenic Republic , and historically Hellas or the Republic of Greece in English, is a country in southeastern Europe....

 announce, it has acquired 24.99 pct of common and 24.99 pct of preferential shares of Serbia's Aik Bank, Niš for an undisclosed amount. At the Belgrade Stock Exchange
Belgrade Stock Exchange
The Belgrade Stock Exchange is a stock exchange in Belgrade, Serbia.-History:The first ideas about establishing an institution which would control the movement of the value of money appeared in Serbia in the 1830s. The Serbian Trading Association, important for the development of the entire...

shares of AIK Bank 27.4.2007 gained historical maximum price of 15.829.

External links

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