Banca Intesa Beograd | |
Native Name: | Банка Интеза Београд |
Native Name Lang: | sr |
Type: | Joint-stock company |
Industry: | Financial services |
Predecessor: | Delta Banka |
Location City: | Belgrade |
Location Country: | Serbia |
Area Served: | Serbia |
Key People: | Draginja Đurić (Executive director) |
Products: | Retail, investment and private banking, investment management, public finance |
Revenue: | €230.11 million [1] |
Net Income: | €100.11 million |
Assets: | €4.846 billion [2] |
Equity: | €352.48 million |
Owner: | Intesa Sanpaolo International Financial Corporation |
Num Employees: | 3,011 |
Parent: | Intesa Sanpaolo |
Subsid: | Intesa Leasing d.o.o. |
Banca Intesa Beograd (Serbian: Банка Интеза Београд) is one of the largest operating banks in Serbia, majority owned (93%) by the Italian Intesa Sanpaolo and other 7% by International Financial Corporation, World Bank. Its headquarters is in Belgrade, Serbia.
It was founded as Delta banka in 1991. In February 2005, Banca Intesa acquired 75% stake in the bank for €278 million. By August of same year its stake was increased to 90%.
Following the majority takeover finalization, Delta banka officially changed its name to Banca Intesa Beograd during fall 2005.[3] The bank has been trading on Belgrade Stock Exchange (BELEX) since 2006.[4]
As a result of the August 2006 merger of Banca Intesa and Sanpaolo IMI banking groups, since 1 January 2007 Banca Intesa Beograd operated as member of the newly formed Intesa Sanpaolo group. Since Sanpaolo IMI owned Panonska banka in Serbia, a decision had to be made about the new group's future structure in Serbia. Initially, Banca Intesa Beograd and "Panonska banka" remained as separate entities. However, on 1 January 2008, "Panonska banka" has been merged into Banka Intesa Beograd.