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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]
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: The name is found in: Raiffeisen Banking Group , Austrian group of cooperative banks
The central hub of the network is considered to be the Central Bank of Kosovo (CBK) which is a successor of the Banking Payments and Authority of Kosovo established in June 2008. It is an independent legal entity and reports directly to the Kosovo Assembly. The Central Bank is considered as a central hub because all other micro financial ...
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. [2] [3] [4] The headquarters of the CBK are located in the capital of Kosovo, Pristina. Headquarters of the Central Bank of Kosovo, Pristina.
It had subsidiaries held via RBI in, amongst others: Ukraine, Hungary, Czech Republic, Romania, Kosovo, Albania, Bulgaria, Serbia, Bosnia-Herzegovina, Croatia, and Switzerland. The largest of these subsidiaries by far was Raiffeisenbank (Russia) which accounted for 74 percent of the company's pretax profit. [2]
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.
The "gable cross" (German: Giebelkreuz), logo of the Raiffeisen banks in Austria, refers to the traditional Pferdeköpfe [] house ornament Former livestock market branch, Karl-Farkas-Gasse 16 in Vienna Flagship Vienna branch in Looshaus building, purchased by Raiffeisen Bank in 1987 Raiffeisenbank in Pregarten, Upper Austria Head office of Raiffeisenlandesbank Niederösterreich-Wien in Vienna ...
The bank suspended the initial public offering of its subsidiary, Raiffeisen Bank Polska, in mid-2017. [11] [12] [13] In August 2021, Crédit Agricole S.A. announced the signing of an agreement to sell Crédit Agricole Srbija A.D. to Raiffeisen Bank (Serbia), a fully-owned subsidiary of Austrian Raiffeisen Bank International AG. [14]