Erste Bank | |
Native Name: | Erste Banka Ерсте Банка |
Native Name Lang: | sr |
Type: | Joint-stock company |
Industry: | Finance and Insurance |
Predecessor: | Novosadska banka |
Foundation: | |
Location City: | Novi Sad |
Location Country: | Serbia |
Area Served: | Serbia |
Key People: | Slavko Carić (CEO) |
Products: | Commercial banking, Investment banking |
Revenue: | €73.04 million [1] |
Net Income: | €22.55 million |
Assets: | €1.420 billion [2] |
Equity: | €177.77 million |
Owner: | Erste Group (74%) Steiermärkische Bank (26%) |
Num Employees: | 1,117 |
Parent: | Erste Bank |
Erste Bank a.d. Novi Sad is a bank headquartered in Novi Sad, Serbia.
The bank was founded in 1864 as Novosadska banka. In August 2005, Austrian Erste Bank took over the bank's majority share (83.3%) from the Serbian government for €73.2 million. By May 2006, Erste Bank had close to 100% ownership share in the bank, that later that year officially changed its name to "Erste Bank Novi Sad".[3]