Poštanska štedionica

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 are located in Belgrade, Serbia.

Poštanska štedionica
Native name
Поштанска штедионица
Joint-stock company
Traded asBELEX: PSBN
IndustryFinancial services
Founded26 June 1921 (1921-06-26)
Headquarters
Kraljice Marije 3, Belgrade
,
Serbia
Area served
Serbia
Key people
Radmila Selaković (Steering Committee Chief)
Bojan Kekić (CEO)
ProductsRetail, investment, investment management, public finance
Revenue €84.91 million (2017)[1]
€32.74 million (2017)[1]
Total assets €1.185 billion (2017)[2]
Total equity €111.58 million (2017)[2]
OwnerGovernment of Serbia (74.56%)
Pošta Srbije (24.18%)
Others
Number of employees
1,939 (2017)
Websitewww.posted.co.rs

History

Poštanska štedionica was founded on 26 June 1921 in Palilula, Belgrade when the law of postal savings service was implemented. By 1926 it became the main financial savings institution in Kingdom of Yugoslavia, with branches in all postal offices in the entire county. By then, it practiced a policy of financial transactions free of any taxes, intended to motivate population to save capital.[3]

A period of technological implementation followed. In 1969 the offices are equipped with first IBM computers. Also, Poštanska štedionica became the first financial institution in all of SFR Yugoslavia to introduce the credit cards. In 2002 Poštanska štedionica becomes a fully operational bank, and, in 2006, it changes its name to Banka Poštanska štedionica a.d.[3] It was admitted to the free market in Belgrade Stock Exchange on February 7, 2006.[4]

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.[5] Later, in late January 2014, another state-owned Univerzal banka has lost its licence and Poštanska štedionica took their clients.[6]

Market data

At the end of 2017, Poštanska štedionica's total assets reached 1.185 billion euros.[2]

See also

References
  1. "БИЛАНС УСПЕХА (2017) - Поштанска Штедионица". apr.gov.rs. Retrieved 19 October 2018.
  2. БИЛАНС СТАЊА (2017) - Поштанска Штедионица. apr.gov.rs (in Serbian). Retrieved 19 October 2018.
  3. O banci at Poštanska štedionica official website, retrieved 29-11-2018 (in Serbian)
  4. "Banka Poštanska štedionica a.d., Beograd - Latest News". belex.rs. Retrieved 7 March 2014.
  5. "STATE TO MERGE PRIVREDNA BANKA BEOGRAD WITH BANKA POSTANSKA STEDIONICA". unicreditgroup.eu. Retrieved 7 March 2014.
  6. "Stečaj u Univerzal banci, isplate u Štedionici". mondo.rs (in Serbian). Retrieved 7 March 2014.


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