Raiffeisenbank Beograd
Encyclopedia
Raiffeisenbank Beograd is the 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...

n arm of Austria
Austria
Austria , officially the Republic of Austria , is a landlocked country of roughly 8.4 million people in Central Europe. It is bordered by the Czech Republic and Germany to the north, Slovakia and Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the...

-based Raiffeisen Zentralbank Österreich AG (RZB), member of Raiffeisen Banking Group.

Though it obtained the operating licence in March 2001, and fully operated since July 2001, the bank officially opened on October 12, 2001 during the Austrian chancellor
Chancellor of Austria
The Federal Chancellor is the head of government in Austria. Its deputy is the Vice-Chancellor. Before 1918, the equivalent office was the Minister-President of Austria. The Federal Chancellor is considered to be the most powerful political position in Austrian politics.-Appointment:The...

 Wolfgang Schüssel
Wolfgang Schüssel
Wolfgang Schüssel is an Austrian People's Party politician. He was Chancellor of Austria for two consecutive terms from February 2000 to January 2007...

's state visit to Belgrade
Belgrade
Belgrade is the capital and largest city of Serbia. It is located at the confluence of the Sava and Danube rivers, where the Pannonian Plain meets the Balkans. According to official results of Census 2011, the city has a population of 1,639,121. It is one of the 15 largest cities in Europe...

. Its original name was Raiffeisenbank Jugoslavija a.d.

With a founding capital of
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...

10 million (99% of it belonging to RZB and 1% to Austrian Uniqa Beteiligungs Holding GmbH - insurance company), it became the first 100% foreign-owned bank in then-Federal Republic of Yugoslavia.

Starting from Belgrade, the bank gradually expanded its network all over 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...

.

In late February 2009, the bank posted a profit of €78 million for the 2008 calendar year.

During 2004 the name was changed to Raiffeisenbank a.d. Beograd.

As of 2009, bank maintains a total of 102 branches throughout Serbia - 50 in Belgrade, 6 in Novi Sad
Novi Sad
Novi Sad is the capital of the northern Serbian province of Vojvodina, and the administrative centre of the South Bačka District. The city is located in the southern part of Pannonian Plain on the Danube river....

, 4 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,...

, 3 in Čačak
Cacak
Čačak is a city in central Serbia. It is the administrative center of the Moravica District of Serbia. Čačak is also the main industrial, cultural and sport center of the district...

, 2 in Kragujevac
Kragujevac
Kragujevac is the fourth largest city in Serbia, the main city of the Šumadija region and the administrative centre of Šumadija District. It is situated on the banks of the Lepenica River...

, and 2 in Temerin
Temerin
Temerin is a town and municipality in South Bačka District of Vojvodina, Serbia...

, as well as a single branch in each of the following cities: Bor
Bor, Serbia
Bor is a town and municipality located in eastern Serbia, with one of the largest copper mines in Europe and it has been a mining centre since 1904, when a French company began operations there. It is the administrative center of the Bor District of Serbia...

, Zaječar
Zajecar
Zaječar is a city and municipality in the eastern part of Serbia. According to the 2011 census the town has a population of 36,830, and its coordinates are 43.91° North, 22.30° East...

, Stara Pazova
Stara Pazova
Stara Pazova is a town and municipality in Srem District of Vojvodina, Serbia. The town has a population of 18,645, while Stara Pazova municipality has 67,576 inhabitants.-Name:...

, Vršac
Vršac
Vršac is a town and municipality located in Serbia. In 2002 the town's total population was 36,623, while Vršac municipality had 54,369 inhabitants. Vršac is located in the Banat region, in the Vojvodina province of Serbia. It is part of the South Banat District.-Name:The name Vršac is of Serbian...

, Požarevac
Požarevac
Požarevac is a city and municipality in eastern Serbia. It is the administrative center of the Braničevo District of Serbia...

, Smederevo
Smederevo
Smederevo is a city and municipality in Serbia, on the right bank of the Danube, about 40 km downstream of the capital Belgrade. According to official results of the 2011 census, the city has a population of 107,528...

, Smederevska Palanka
Smederevska Palanka
Smederevska Palanka is a town and municipality located in Central Serbia. According to the preliminary results of the 2011 census, the municipality had a total population of 50,078, while the town proper has 23,152 inhabitants.-Geography:Smederevska Palanka lies in Pan-European Corridor X , just...

, Pančevo
Pancevo
Pančevo is a city and municipality located in the southern part of Serbian province of Vojvodina, 15 km northeast from Belgrade. In 2002, the city had a total population of 77,087, while municipality of Pančevo had 127,162 inhabitants. It is the administrative center of the South Banat...

, Lazarevac
Lazarevac
Lazarevac is a town and municipality located in Serbia at 44.22° North, 20.15° East. Its name stems from name of medieval Prince Lazar Hrebeljanovic. In 2002 the town has total population of 23,551. Lazarevac is one of Belgrade's 17 municipalities....

, Obrenovac
Obrenovac
Obrenovac is a town and municipality located in Serbia at 44°40′ North, 20°13′ East. Its name stems from last name "Obrenović" which in turn stems from name "Obren" in Serbian language. In 2003 the municipality has total population of 75,949...

, Mladenovac
Mladenovac
Mladenovac is a town and municipality located in Serbia at 44.43° North, 20.70° East. Mladenovac is one of Belgrade's 17 municipalities. In 2003 the town had total population of 22,200.-Name:...

, Subotica
Subotica
Subotica is a city and municipality in northern Serbia, in the Autonomous Province of Vojvodina...

, Kikinda
Kikinda
Kikinda is a town and a municipality located in Serbia, in the autonomous province of Vojvodina. It is the administrative centre of the North Banat District. The town has 42,000 inhabitants, while the municipality has approximately 67,000 inhabitants.The modern city was founded in 18th century...

, Sombor
Sombor
Sombor is a city and municipality located in northwest part of Serbian autonomous province of Vojvodina. The city has a total population of 48,749 , while the Sombor municipality has 87,815 inhabitants...

, Zrenjanin
Zrenjanin
Zrenjanin is a city and municipality located in the eastern part of Serbian province of Vojvodina. It is the administrative centre of the Central Banat District of Serbia...

, Inđija, Vrbas
Vrbas
Vrbas may refer to:* Vrbas , river in Bosnia and Herzegovina* Vrbas , town and municipality in Vojvodina, Serbia* Vrbas , village in Bosnia and Herzegovina...

, Bačka Palanka
Backa Palanka
Bačka Palanka is a city and municipality located in Serbia, on left bank of the Danube, at 45.15° North, 19.24° East...

, Bačka Topola
Backa Topola
Bačka Topola is a town and municipality in the North Bačka District of Vojvodina, Serbia...

, Šabac
Šabac
Šabac is a city and municipality in western Serbia, along the Sava river, in the historic region of Mačva. It is the administrative center of the Mačva District. The city has a population of 52,822 , while population of the municipality is 115,347...

, Valjevo
Valjevo
Valjevo is a city and municipality located in western Serbia. It is the center of the Kolubara District, which includes five other smaller municipalities with a total population of almost 180,000 people...

, Sremska Mitrovica
Sremska Mitrovica
Sremska Mitrovica is a city and municipality located in the Vojvodina province of Serbia, on the left bank of the Sava river. As of 2002 the town had a total population of 39,041, while Sremska Mitrovica municipality had a population of 85,605...

, Loznica, Senta
Senta
Senta is a town and municipality on the bank of the Tisa river in the Vojvodina province, Serbia. Although geographically located in Bačka, it is part of the North Banat District...

, Novi Pazar
Novi Pazar
Novi Pazar is a city and municipality located in southwest Serbia, in the Raška District. According to the official census in 2011, number of inhabitants of municipality is 92,776, while the city itself has a population of 60,638...

, Gornji Milanovac
Gornji Milanovac
Gornji Milanovac is a town and municipality located in Serbia at 44.012691° North, 20.273572° East. Its name means "Upper Milanovac" while Milanovac stems from name "Milan" in the Serbian language. The population of town is 24,048.The city was founded in 1853...

, Užice
Užice
Užice is a city and municipality in western Serbia, located at the banks of the Đetinja river. It is the administrative center of the Zlatibor District...

, Paraćin
Paracin
Paraćin is a town and municipality in Serbia, located in the valley of the Velika Morava river, north of Kruševac and southeast of Kragujevac. In 2011 the town has total population of 24,573 and it has a civil airport, also known as Davidovac Airport....

, Kraljevo
Kraljevo
Kraljevo is a city and municipality in central Serbia, built beside the river Ibar, 7 km west of its confluence with the Western Morava. It is located in the midst of an upland valley, between the mountains of Kotlenik in the north, and Stolovi in the south.In 2011 the city has population of...

, Kruševac
Kruševac
Kruševac is a city and municipality, and the administrative center of the Rasina District, in central Serbia. According to the 2011 census, the municipality has a population of 127,429, while the town has 57,627....

, Jagodina
Jagodina
Jagodina is a city and municipality located in central Serbia, 136 km south of Belgrade, on the banks of Belica River. Its name stems from the word for strawberry in Serbian. It is the administrative centre of the Pomoravlje District of Serbia...

, Aranđelovac, Vranje
Vranje
Vranje is a city and municipality located in southern Serbia. In 2011 the city has total population of 82,782, while the urban area has 54,456...

, Pirot
Pirot
Pirot is a town and municipality located in south-eastern Serbia. According to 2011 census, the town has a total population of 38,432, while the population of the municipality is 57,911...

, and Leskovac
Leskovac
Leskovac is a city and municipality in southern Serbia. It is the administrative center of the Jablanica District of Serbia...

.

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