Privredna banka Sarajevo

Last updated
Privredna banka Sarajevo
Privredna banka Sarajevo
PBS
Company type State owned (d.d. - dioničko društvo)
Sarajevo Stock Exchange: BORBRK3 [1]
Industry Financial services
Founded1913 (1913) as Austro-Hungarian Bank branch in BiH, Sarajevo
January 1, 1962 (1962-01-01) as Privredna banka Sarajevo [2]
SuccessorBor Banka Sarajevo
Headquarters
Sarajevo, Obala Kulina bana 18, 71000, BiH
,
Bosnia and Herzegovina
Number of locations
17 branches (2024)
Area served
Bosnia and Herzegovina
Key people
Rijad Raščić (Chairman of the Supervisory Board)
Hamid Pršeš, (President of the Management Board)
Website www.pbs.ba

Privredna Banka Sarajevo d.d., or simply PBS, is oldest commercial bank serving Bosnia and Herzegovina headquartered in Sarajevo.

Contents

History

Privredna Banka Sarajevo started operating on January 1, 1962, in Socialist Republic of Bosnia and Herzegovina since when the Bank has been operating under this name for the first time.

On Bosnian market, PBS is brended as the commercial bank with oldest tradition [3] with stakes listed on the Sarajevo Stock Exchange - majority private capital in Bosnia and Herzegovina.

As the commercial bank, Privredna Banka Sarajevo d.d. as name itself suggests (Privredna in Bosnian language means economic/bank for business), bank was the bearer of investment programs, encouraged the development of the economy of Bosnia and Herzegovina.

Since October 3, 2016, two domestic banks [4] - Privredna banka Sarajevo d.d. Sarajevo and BOR bank d.d. Sarajevo - merged and operate under the unique name Privredna Banka Sarajevo (SWIFT code: PBSCBA22XXX) with the address Obala Kulina bana 18(in ex headquarters of BOR banka d.d. Sarajevo.).

Privredna Banka Sarajevo is a member of Bosnian interbank ATM Network BH mreža operated by national payment clearing provider and processing center BAMCARD. [5]

It is a member of Deposit Insurance Agency of Bosnia and Herzegovina (AOD) [6] and it is supervised by FBA banking regulator based on CB BiH [7] regulations.

Bank also offers consumer and business loans, housing loans, debit cards for customers in 17 branches: (2024) in BiH towns: Sarajevo, Old Town Sarajevo (Obala), Ilidža, Visoko, Usora, Olovo, Zenica, Goražde, Jablanica, Donji Vakuf, Maglaj, Jajce, Bugojno, Brčko and Gornji Rahić).

Customers of PBS can use debit and credit cards, e-banking/m-banking services for current accounts and deposits.

Bank on the Obala

The headquarters of Privredna Banka Sarajevo in Sarajevo, near Miljacka river and Drvenija Bridge is the National monument of Bosnia and Herzegovina (registered as Zgrada Banke na Obali - Bank on the Obala) [8] by the Bosnian national Commission to preserve national monuments of Bosnia and Herzegovina.

Originally, the bank building, locally known as Banka na Obali - served from 1913 as Bosnian branch office of the Austro-Hungarian Bank for for Bosnia and Herzegovina.

After World War II, the bank building housed the Investment Bank.

In SR Bosnia and Herzegovina, as the parent bank, Privredna Banka Sarajevo made a system of local banks and branches mainly in the larger BiH cities (Zenica, Bijeljina, Mostar etc.), which later - at the beginning and during the Bosnian War, became separate local commercial banks by freezing or privatizing the assets of the PBS banking system in BiH which was created and developed in the former Yugoslavia.

After Bosnia and Herzegovina independence referendum, bank continued to operate in 1992 during the Siege of Sarajevo.

See also

Related Research Articles

<span class="mw-page-title-main">Economy of Bosnia and Herzegovina</span>

The economy of Bosnia and Herzegovina is a transitional, upper middle income economy. Bosnia and Herzegovina declared independence from socialist Yugoslavia on 1 March 1992. The main trading partners are Germany, Italy, Austria, Turkey and other neighboring Balkan countries.

<span class="mw-page-title-main">Central Bank of Bosnia and Herzegovina</span> Central Bank of Bosnia and Herzegovina

The Central Bank of Bosnia and Herzegovina is the central bank of Bosnia and Herzegovina, located in the capital city, Sarajevo.

<span class="mw-page-title-main">Privredna banka Zagreb</span>

Privredna banka Zagreb (PBZ) is a Croatian bank that provides services to individuals and legal entities, performs card business, investment banking, private banking, rental, real estate management, brokerage and consulting services, and real estate business. It operates throughout the territory of the Republic of Croatia, Slovenia and Bosnia and Herzegovina and employs over 4,000 employees. The total assets of the bank in 2022 amounted to 157.33 billion kunas.

Television in Bosnia and Herzegovina was first introduced in 1961. Out of 94 TV stations, 71 are commercial, 20 are public, while 3 public services are funded through subscription.

Božidar Matić was a Bosnian politician and academic who served as Chairman of the Council of Ministers of Bosnia and Herzegovina from February to July 2001. Additionally, he was Minister of Finance and Treasury during that period as well.

<span class="mw-page-title-main">Ješua D. Salom Mansion</span> Building in Bosnia and Herzegovina, Bosnia and Herzegovina

The Ješua D. Salom Mansion is located in the Municipality Centar in Sarajevo, Bosnia and Herzegovina. Since November 2008 it is listed as a National Monument of Bosnia and Herzegovina.

Federal News Agency or FENA is the government-owned national news agency of the Federation of Bosnia and Herzegovina.

<i>Landesbank für Bosnien und Herzegowina</i> Former bank in Sarajevo

The Landesbank für Bosnien und Herzegowina was a bank established in Sarajevo in 1895 to help finance the development of Bosnia and Herzegovina under Austro-Hungarian rule. It kept operating after the establishment of the Kingdom of Yugoslavia and during World War II, but was liquidated in the late 1940s.

ZiraatBank BH d.d. Sarajevo, or simply Ziraat Banka, is a bank serving Bosnia and Herzegovina headquartered in Sarajevo.

Union Banka d.d. Sarajevo, or simply Union Bank, is a bank serving Bosnia and Herzegovina headquartered in Sarajevo.

Razvojna banka FBiH or Razvojna banka Federacije Bosne i Hercegovine is a national development bank serving FBIH entity in Bosnia and Herzegovina.

Komercijalno-investiciona banka d.d., or simply KIB banka, is a commercial bank in Bosnia and Herzegovina. It is headquartered in Velika Kladuša, Una-Sana Canton.

Intesa Sanpaolo banka Bosna i Hercegovina d.d. or simply Intesa Sanpaolo banka is a commercial bank in Bosnia and Herzegovina.

Banka Poštanska štedionica Banja Luka a.d. or simply Banka Poštanska štedionica is a commercial bank in Bosnia and Herzegovina.

MF banka a.d. Banja Luka is a commercial bank in Bosnia and Herzegovina.

Naša Banka a.d. Banja Luka is a commercial bank in Bosnia and Herzegovina.

Bosna Bank International d.d. Sarajevo, or simply BBI Banka, is a commercial bank serving Bosnia and Herzegovina headquartered in Sarajevo.

Raiffeisen Bank d.d. Bosna i Hercegovna, or simply Raiffeisen Bank, is a bank serving Bosnia and Herzegovina headquartered in Sarajevo.

References

  1. ↑ "Sarajevska berza-burza Tržište / Emitenti / Profil emitenta" (in Bosnian). SASE. Retrieved 10 May 2024.
  2. ↑ "- About us / Privredna banka Sarajevo". www.pbs.ba. Retrieved 10 May 2024.
  3. ↑ "Bosanski seljak, Austrijanac i Ugarin: Znate li da Sarajevo krije jednu od najstarijih banaka u BiH?". www.klix.ba (in Bosnian). www.klix.ba. 27 March 2013. Retrieved 5 May 2024. Sagrađena je 1913. godine kao velika filijala Austro-Ugarske banke, a od tada, mijenjala je nazive, ali nikada i svoju namjenu
  4. ↑ "'Nova' Privredna banka Sarajevo počela sa radom" (in Bosnian). www.biznisinfo.ba. Retrieved 10 May 2024. 03/10/2016 - Od danas dvije domaće banke – Privredna banka Sarajevo d.d. Sarajevo i BOR banka d.d. Sarajevo – posluju pod jedinstvenim nazivom Pri
  5. ↑ "BH Mreža bankomata". www.bhmreza.ba (in Bosnian). www.bhmreza.ba. Retrieved 10 May 2024. članica BH Mreže: ASA Banka, Bosna Bank International (BBI), Privredna banka Sarajevo (PBS), Union Banka
  6. ↑ "Banke članice". www.aod.ba (in Bosnian). www.aod.ba. Retrieved 10 May 2024.
  7. ↑ "Centralna banka Bosne i Hercegovine - Banke u BiH". www.cbbh.ba (in Bosnian). Retrieved 10 May 2024.
  8. ↑ "www.kons.gov.ba". www.kons.gov.ba. www.kons.gov.ba. Retrieved 10 May 2024. Bank on the Obala (formerly a branch of the Austro-Hungarian Bank), the historic monument
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.