Poštanska štedionica

Poštanska štedionica
Native name
Поштанска штедионица
Company typeJoint-stock company
BELEX: PSBN
IndustryFinancial services
Founded26 June 1921; 103 years ago (1921-06-26)
Headquarters
Kraljice Marije 3, Belgrade
,
Serbia
Area served
Serbia
Bosnia and Herzegovina
Key people
Radmila Selaković (Steering Committee Chief)
Bojan Kekić (CEO)
Products
RevenueIncrease €95.18 million (2020)[1]
Increase €22.01 million (2020)[1]
Total assetsIncrease €2.472 billion (2020)[2]
Total equityDecrease €225.39 million (2020)[2]
OwnerGovernment of Serbia (71.05%)
Pošta Srbije (17.94%)
Telekom Srbija (10.08%)
Others
Number of employees
2,235 (2020)
Websitewww.posted.co.rs

Poštanska štedionica (full legal name: Banka Poštanska štedionica a.d. Beograd) is a Serbian bank that is one of the largest operating in Serbia. It was founded in 1921 and its headquarters are located in Belgrade, Serbia. As of April 2022, it is the sole bank operating on the Serbian market that is majority owned by the Government of Serbia.

History

Poštanska štedionica (meaning "Post's savings service") was founded on 26 June 1921 in Palilula, Belgrade when the law of postal savings service was implemented. By 1926 it had become 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 the population to save capital.[3]

A period of technological implementation followed. In 1969 the offices are equipped with the 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]

In April 2021, Poštanska štedionica acquired minor mts banka.[7] In October 2021, Poštanska štedionica acquired former subsidiary of Komercijalna banka in Bosnia and Herzegovina. [8] SInce 2022, bank is operating in Bosnia and Herzegovina under name Banka Poštanska štedionica Banja Luka.

Market data

At the end of 2017, Poštanska štedionica's total assets reached 1.185 billion euros.[9]

On June 2, 2014, the share of Banka Poštanska štedionica Beograd was worth 25,754 RSD (222.87 EUR)2. It had its highest price, i.e. 90,000 RSD (778.85 EUR), on May 17, 2007 and its lowest price, i.e. 3,800 RSD (32.88 EUR), on May 5, 2009.[10]

The capital of Banka Poštanska štedionica Beograd is wholly owned by legal entities, 49.57% of which by JP PTT saobraćaja Srbija and 47.85% by the Serbian State.[11]

See also

References

  1. ^ a b "БИЛАНС УСПЕХА (2020) - Поштанска Штедионица". apr.gov.rs. Retrieved 30 November 2021.
  2. ^ a b БИЛАНС СТАЊА (2020) - Поштанска Штедионица. apr.gov.rs (in Serbian). Retrieved 30 November 2021.
  3. ^ a b 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.
  7. ^ "Poštanska štedionica pripaja MTS banku koja je u vlasništvu Telekoma". n1info.com (in Serbian). Retrieved 30 November 2021.
  8. ^ ""POŠTANSKA ŠTEDIONICA" KUPILA KOMERCIJALNU! Nova transakcija među bankama: Ovaj put učesnici iz Srbije i Republike Srpske". blic.rs (in Serbian). Tanjug. Retrieved 30 November 2021.
  9. ^ БИЛАНС СТАЊА (2017) - Поштанска Штедионица. apr.gov.rs (in Serbian). Retrieved 19 October 2018.
  10. ^ "Belgrade Stock Exchange". www.belex.rs. Retrieved 2022-06-29.
  11. ^ "National bank of Serbia". www.nbs.rs. Retrieved 2022-06-29.
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