Raiffeisen Bank (Serbia)

Raiffeisen banka a.d. Beograd
Native name
Рајфајзен банка а.д
Rajfajzen banka a.d.
Company typePrivate
IndustryFinance and Insurance
PredecessorRaiffeisenbank Jugoslavija a.d.
Founded19 February 2001 (2001-02-19) (Current form)
Headquarters,
Number of locations
103 branch (2025)
Area served
Serbia
Key people
Zoran Petrović (Executive director)
ProductsCommercial banking, Investment banking
€191.89 million (2023)[1]
Total assets €5.691 billion (2023)[2]
Total equity €900 million (2024)[2]
OwnerRaiffeisen International (100%)
Number of employees
more than 2,200 (2025)
ParentRaiffeisen Zentralbank Österreich AG
SubsidiariesRaiffeisen Leasing d.o.o.
Raiffeisen Futura a.d.
Raiffeisen Invest a.d.
Websitewww.raiffeisenbank.rs

Raiffeisen banka a.d. Beograd (Serbian: Рајфајзен банка а.д. Београд / Rajfajzen banka a.d. Beograd) is the Serbian subsidiary of Austria-based Raiffeisen Bankgruppe.

In 2025 the bank maintains a total of 103 branches throughout Serbia and has more than 2,200 employees servicing over 1 million clients.

Total assets are 5.7 billion Euros. Raiffeisen banka has, as of 31.12.2024. more than 3 billion Euros of loans and advances to customers, and 217 million Euros of profit before tax.

Overview

As a universal bank, it offers the full range of banking products and services to all major client segments, namely corporate customers, small businesses and entrepreneurs, as well as private individuals.

Raiffeisen banka quickly developed into one of the country’s leading and best banks and is, not least because of its continual product innovations, the driving force behind the local banking industry’s development

Raiffeisen banka closely cooperates with its subsidiaries Raiffeisen Leasing, Raiffeisen Future Voluntary Pension Fund and Raiffeisen Invest Fund Management Company.

The bank is 100% owned by Raiffeisen Bank International.

History

Though it obtained the operating licence in March 2001, and fully operated since July 2001, the bank officially opened on 12 October 2001 during the Austrian chancellor Wolfgang Schüssel's state visit to Belgrade. Its original name was Raiffeisenbank Jugoslavija a.d.

With a founding capital of 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. During 2004, the name was changed to Raiffeisen banka a.d.

On 5 August 2021, Raiffeisen Bank signed an agreement to acquire 100% of the shares of Crédit Agricole Srbija.[3]

Products and services

Raiffeisen banka offers wide range of products and services.

Payments/Account Services:

  • Current Accounts
  • (Domestic and International) Payments
  • Electronic Banking
  • Card Processing (Debit/Credit Cards)
  • Card Acquiring
  • Payroll

Financing:

  • Overdrafts
  • Working Capital Finance
  • Term Loans
  • Investment Financing Loans
  • Real Estate Financing Loans
  • Project Finance
  • Mergers & Acquisitions

Financing and Management of Receivables:

  • Factoring
  • Reverse Factoring

Export Finance:

  • Documentary Business (L/Gs, L/Cs, Documentary Collections)
  • Export/Import Finance

Leasing:

  • Movables
  • Car Fleet Management

Investment Banking:

  • Debt Capital Markets
  • Equity Capital Markets
  • Mergers & Acquisitions

Capital Markets/Treasury:

  • FX (spot, forward)
  • IRS
  • Money Market

Raiffeisen banka is widely acknowledged in Serbia financial market by its leading online services and solutions such as Mbanking application or iKeš product, tailored made for younger generations.  

Awards

Among numerous awards received from 2002, Raiffeisen banka has been recently awarded “Best Bank in Serbia” in 2025 by renowned global financial magazine “Euromoney” and “Best Private Bank in Serbia” in 2025 by renowned global financial magazine “Global Finance”.

The bank has also been awarded Best Consumer Digital Bank in Serbia, Best Integrated Consumer Banking Site, Best Online Product Offerings, Best User Experience (UX) Design, Best Mobile Banking App and Best Integrated Consumer Banking Site in CEE by the same “Global Finance” magazine in 2025.

Among other awards Raiffeisen bank had been pronounced “Best Retail Bank in Serbia” in 2024, “Best Bank for Digital Solutions in Serbia” in 2023 by “Euromoney” and “Best Private bank in Serbia” by “Global Finance”, “Best Private Bank” in 2022 and 2021 by the “Global Finance” magazine, “Best Bank in Serbia” in 2021 by “Euromoney”. The list of awards received from the both magazines spans to 2002.

Other

Raiffeisen banka is presented in various charity initiatives from the very beginning of its business in Serbia through its “Humanitarian fund Budimir Boško Kostić”. The bank supports theatre Jugoslovensko dramsko pozorište for 20 years and Basketball association of Serbia (Košarkaški savez Srbije) for more than 7 years. Its latest activity is focused on basketball courts in elementary schools in Serbia, achieved through cooperation with famous Serbian basketball player Bogdan Bogdanović.    

See also

References

  1. ^ "Konsolidovani bilans uspeha (2023) - Raiffeisen Bank" (PDF). apr.gov.rs (in Serbian). Retrieved 27 April 2025.
  2. ^ a b "Konsolidovani bilans stanja (2023) - Raiffeisen Bank" (PDF). apr.gov.rs (in Serbian). Retrieved 27 April 2025.
  3. ^ "RBI sees growth potential in Serbia / Signs agreement on the acquisition of Crédit Agricole Srbija A.D. Novi Sad". 6 August 2021.