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The majority of Serbian banks previously licensed by the National Bank of Serbia to operate in Kosovo have been shut down. These banks previously operated in the official currency of Serbia, the Serbian dinar. [2] Komercijalna Banka ad Beograd is now licensed through the Central Bank of Kosovo. [1]
Kosovo is a developing country with an economy that functions on the principles of the free market, with a large private sector. Kosovo is an upper-middle income economy according to the World Bank, [18] and is a member of the World Bank and the International Monetary Fund. Its official currency is the euro.
Raiffeisenbank or Raiffeisen Bank refers to cooperative banks in Europe that are rooted in the early credit unions of Friedrich Wilhelm Raiffeisen. The name is found in: Raiffeisen Banking Group, Austrian group of cooperative banks. Raiffeisen Bank International (RBI), the group's central institution. Raiffeisen Zentralbank, the group's former ...
v. t. e. Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that ...
Raiffeisen Bank International (RBI) is a key entity of the decentralized Raiffeisen Banking Group in Austria, acting both as the latter's domestic central financial entity and as the holding company for all the group's operations outside of Austria. The bank is listed on the Wiener Börse. Its major shareholders are the Raiffeisen Banking Group ...
Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike the related internet banking it uses software, usually called an app, provided by the financial institution for the purpose.
The Raiffeisen Banking Group ( German: Raiffeisen Bankengruppe, RBG) is a group of cooperative banks in Austria. The Austrian Raiffeisen banks are not consolidated under a single parent entity but are financially linked through a common institutional protection scheme and deposit guarantee scheme. The group's international operations, by ...
Structure. The Kosovo banking network system is an informal and complex network in a sense that it ensures the flow of financial transactions and macroeconomic stability in the country including the Central Bank and other micro financial institutions. The central hub of the network is considered to be the Central Bank of Kosovo (CBK) which is a ...