Piraeus Bank Beograd

Piraeus Bank Beograd (full legal name: Piraeus Bank a.d. Beograd),[3] has been present on the Serbian market since May 2005,[4] with particular activities in the areas of large corporate banking, retail banking and SMEs.

Piraeus Bank Beograd
Native name
Pireus banka/
Пиреус банка
Formerly
Atlas Bank
Joint-stock company
IndustryFinancial services
FoundedMay 2005 (2005-05) (Current form)
8 August 1995 (1995-08-08) (Originally founded)[1]
Headquarters
Belgrade
,
Serbia
Area served
Serbia
Key people
Neoclis Neocleous (CEO)
ProductsCommercial banking, Investment banking
Revenue €1.376 billion (2016)
€428.65 million (2016)
€25.91 million (2016)
Total assets €52.24 million (2016)
Total equity €12.331 million (2016)
OwnerDirektna Banka (100.0%)
Number of employees
547[2]
Websitewww.piraeusbank.rs

History

Piraeus Bank started its operations in the Serbian market with a network of 9 branches and 176 employees. Today, Bank has business network of 34 branches,[5] approximately 550 employees, it has developed sector of Piraeus Leasing and Piraeus Rent, and tens of thousands of clients.

In November 2017, Direktna Banka bought Piraeus Bank Beograd from the Greek Piraeus Bank, for a sum in range of 58–61 million euros.[6][7] The complete merge is expected to be completed by the first quarter of 2018, and thus way Direktna Banka would have a total equity worth over 500 million euros.[6]

See also

References
  1. "Piraeus Bank AD Beograd".
  2. Основни подаци из годишњег финансијског извештаја за обвезника ревизије за 2013. годину. Agencija za privredne registre Srbije (in Serbian). Retrieved 20 April 2014.
  3. "Piraeus Bank AD Beograd".
  4. "Bank's history".
  5. "Branch network".
  6. "Direktna banka kupila Pireus banku u Srbiji". n1info.com (in Serbian). 17 October 2017. Retrieved 15 January 2018.
  7. "Direktna banka kupila i Piraeus banku". gdeinvestirati.com (in Serbian). 18 October 2017. Retrieved 15 January 2018.
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