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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]
Raiffeisen Bank International (RBI), the group's central institution Raiffeisen Zentralbank, the group's former central institution until merger into RBI in 2017; Group subsidiaries in central and eastern Europe: Raiffeisen (Albania) Raiffeisenbank (Czech Republic) Raiffeisen Bank (Hungary) Raiffeisen Bank (Kosovo)
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 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 .
Raiffeisen Bank branch in New Belgrade. Raiffeisenbank former branch in Čačak. 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.
Banque Raiffeisen is a Luxembourgish banking and financial services company. Founded in 1926, it is one of the oldest banks in Luxembourg. The bank is independent from foreign shareholders. It is a member of the International Raiffeisen Union (IRU), which is an association of cooperatives based on the ideas of Friedrich Wilhelm Raiffeisen. [2]
The subsidiary bank Raiffeisen Bank International was formed, merging Raiffeisen International Bankholding AG and the corporate banking business and related subsidiaries from RZB. RZB currently [ when? ] holds a stake of approximately 78.5% (with the rest of the shares in free float) and operates one of the largest banking networks in CEE.
Before being established as the Central Bank of Kosovo, it operated as the Central Banking Authority of Kosovo (Albanian: Autoriteti Qendror Bankar i Kosovës). [1] The official currency in Kosovo is the Euro , which was unilaterally adopted by the United Nations administration for Kosovo in 2002; however, Kosovo is not a member of the Eurozone .