Erste Bank a.d. Novi Sad is a bank operating in Serbia

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...

. Bank's headquarters are located in the second largest city in Serbia - Novi Sad

Novi Sad

Novi Sad is the capital of the northern Serbian province of Vojvodina, and the administrative centre of the South Bačka District. The city is located in the southern part of Pannonian Plain on the Danube river....

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The bank was founded in 1864 as Novosadska banka. In August 2005 Austria

Austria

Austria , officially the Republic of Austria , is a landlocked country of roughly 8.4 million people in Central Europe. It is bordered by the Czech Republic and Germany to the north, Slovakia and Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the...

n Erste Bank took over the bank's majority share (83.3%) from the Serbian government

Government of Serbia

Officially the Government of the Republic of Serbia is the executive branch of government in Serbia.-Current government:The current government was elected on 7 July 2008 by the majority vote in the National Assembly of Serbia and restructured on 14 March 2011...

 for €

Euro

The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...

73.2 million. Sometime in 2006, the bank officially changes its name to Erste Bank Novi Sad.

External links

• www.erstebank.rs - Official site
• Rekordna dobit Erste banke u Srbiji, B92, February 28, 2009