Metals-banka (Serbian: Металс-банка) or Development Bank of Vojvodina (Serbian Cyrillic: Развојна Банка Војводине), is a Serbian commercial and investment bank, which declared bankruptcy in 2013.
The bank was founded in 1990 by metal processing enterprises.
Since 2001, Metals Banka has strengthened its position on the market, becoming the majority owner of the banks DTD banka and DDOR banka, which later merged with Metals banka. The bank maintains a strategic partnership with the insurance company DDOR Novi Sad, which is the bank's main shareholder with 15.12% of the capital. Metals banka was included in the BELEX15 index on December 12, 2006 on the Belgrade Stock Exchange. In July 2009, the Vojvodina government took over 61.9% of the shares.[1]
In 2005, the bank acquired its rival "DDOR banka" in 2005 for an undisclosed amount.[2] In 2010, a majority of shares of Metals-banka was acquired by the provincial government of Vojvodina and turned into the "Development Bank of Vojvodina".[2][3] In April 2013, the bank went into bankruptcy procedure due to insolvency.[4] It was caused by issuing loans without proper guarantees, which cost the bank around 20 million euros.[4]
ActivitiesEdit
Razvojna banka Vojvodina offers various operations, such as current accounts, deposits, transfers, loans, currency exchange, money transfer, as well as other services such as electronic banking or credit cards.[5][6] Elle propose également des services de courtage.[7]
ReferencesEdit
^""METALS-BANKA" BECOMES THE DEVELOPMENT BANK OF VOJVODINA | News | Razvojna Banka Vojvodine". www.rbv.rs. Retrieved 2022-06-28.
^ ab"Razvojna Banka Vojvodine A.D." Emerging Markets Information Service (EMIS). Retrieved 4 May 2012.
^"Metals-banka becomes the Development Bank of Vojvodina". www.rbv.rs. 28 September 2010. Retrieved 24 June 2012.
^ ab"Razvojna banka Vojvodine od danas u stečaju". 021.rs (in Serbian). 8 April 2013. Retrieved 17 May 2018.
metals, banka, serbian, Металс, банка, development, bank, vojvodina, serbian, cyrillic, Развојна, Банка, Војводине, serbian, commercial, investment, bank, which, declared, bankruptcy, 2013, novi, sadofficial, logotypejoint, stock, companyindustryfinancial, ser. Metals banka Serbian Metals banka or Development Bank of Vojvodina Serbian Cyrillic Razvoјna Banka Voјvodine is a Serbian commercial and investment bank which declared bankruptcy in 2013 Metals banka a d Novi SadOfficial logoTypeJoint stock companyIndustryFinancial servicesFounded1990 1990 FateBankruptcy procedure since 2013 HeadquartersNovi Sad SerbiaServicesCommercial and investment banking Contents 1 History 2 Activities 3 References 4 External linksHistory EditThe bank was founded in 1990 by metal processing enterprises Since 2001 Metals Banka has strengthened its position on the market becoming the majority owner of the banks DTD banka and DDOR banka which later merged with Metals banka The bank maintains a strategic partnership with the insurance company DDOR Novi Sad which is the bank s main shareholder with 15 12 of the capital Metals banka was included in the BELEX15 index on December 12 2006 on the Belgrade Stock Exchange In July 2009 the Vojvodina government took over 61 9 of the shares 1 In 2005 the bank acquired its rival DDOR banka in 2005 for an undisclosed amount 2 In 2010 a majority of shares of Metals banka was acquired by the provincial government of Vojvodina and turned into the Development Bank of Vojvodina 2 3 In April 2013 the bank went into bankruptcy procedure due to insolvency 4 It was caused by issuing loans without proper guarantees which cost the bank around 20 million euros 4 Activities EditRazvojna banka Vojvodina offers various operations such as current accounts deposits transfers loans currency exchange money transfer as well as other services such as electronic banking or credit cards 5 6 Elle propose egalement des services de courtage 7 References Edit METALS BANKA BECOMES THE DEVELOPMENT BANK OF VOJVODINA News Razvojna Banka Vojvodine www rbv rs Retrieved 2022 06 28 a b Razvojna Banka Vojvodine A D Emerging Markets Information Service EMIS Retrieved 4 May 2012 Metals banka becomes the Development Bank of Vojvodina www rbv rs 28 September 2010 Retrieved 24 June 2012 a b Razvojna banka Vojvodine od danas u stecaju 021 rs in Serbian 8 April 2013 Retrieved 17 May 2018 Corporate services Corporate services Razvojna Banka Vojvodine www rbv rs Retrieved 2022 06 25 Retail Retail Razvojna Banka Vojvodine www rbv rs Retrieved 2022 06 25 Broker Investment banking Razvojna Banka Vojvodine www rbv rs Retrieved 2022 06 25 External links EditOfficial website U cijim je dzepovima 200 miliona evra Metals banke in Serbian nbsp Banks portal nbsp This Serbian corporation or company article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Metals banka amp oldid 1160242554, wikipedia, wiki, book, books, library,
