Alpha Bank Beograd
Encyclopedia
Alpha Bank Beograd is the Serbia
n subsidiary of the Greek bank, Alpha Bank
.
On January 26, 2005 Alpha Bank officially agreed the purchase of a 88.64% stake in Serbian Jubanka. By June 2005, its name was changed to Alpha Bank Beograd.
In March 2008, it was announced that the bank made profit of RSD
228.82 million (~€2.8 million) during year 2007, which was in sharp contrast to year 2006 when it posted a gross loss of RSD39.42 million (~€490,000).
Serbia
Serbia , officially the Republic of Serbia , is a landlocked country located at the crossroads of Central and Southeast Europe, covering the southern part of the Carpathian basin and the central part of the Balkans...
n subsidiary of the Greek bank, Alpha Bank
Alpha Bank
Alpha Bank is the second largest bank in Greece with 450 branches throughout the country. It also has a subsidiary and branch in London, and branches and subsidiaries throughout the Balkans . Founded in 1879, it has been controlled by the Costopoulos family since the very beginning...
.
On January 26, 2005 Alpha Bank officially agreed the purchase of a 88.64% stake in Serbian Jubanka. By June 2005, its name was changed to Alpha Bank Beograd.
In March 2008, it was announced that the bank made profit of RSD
Serbian dinar
The dinar is the currency of Serbia. An earlier currency also called dinar was used in Serbia between 1868 and 1918. The earliest use of the dinar date to 1214. Today's Serbian dinar is a continuation of the last Yugoslav dinar...
228.82 million (~€2.8 million) during year 2007, which was in sharp contrast to year 2006 when it posted a gross loss of RSD39.42 million (~€490,000).
History
- The bank was founded in 1991 as Jubanka and was the 5th largest Bank in Serbia in 2005.