Vojvođanska Bank

Vojvođanska banka

Native name	Војвођанска банка
Type	Public
Industry	Finance and Insurance
Founded	Novi Sad, Serbia (May 30, 1995 (1995-05-30)) First founded 1868
Headquarters	Novi Sad, Serbia
Area served	Serbia
Key people	Marinos Vathis (Executive director)
Products	Commercial banking, Investment banking
Revenue	€92.90 million (2013)
Net income	€12.06 million (2013)
Total assets	€949.57 million (2013)
Total equity	€170.54 million (2013)
Owner	National Bank of Greece (100%)
Number of employees	1,733
Website	www.voban.co.rs

Vojvođanska banka (full name: Vojvođanska banka a.d. Novi Sad) is a Serbian bank based in Novi Sad, Serbia. It is a universal bank, with functions of commercial and investment banking.

In retail banking, which is first in Serbian Dinars savings, third in foreign currency savings and first according to the number of issued VISA cards – over 430,000.

The first branch of Vojvodjanska banka was founded in 1868 in Sombor as a credit cooperative. Later, in 1962, Vojvodjanska banka was repackaged as Privredna banka; soon after, Privredna banka was joined by Komercijalna banka Senta, Komercijalna banka Bačka Topola, Sremska banka Sremska Mitrovica, Kreditna banka Kula and Banatska banka Zrenjanin. In 1973, Privredna banka became Vojvođanska banka, the largest banking institution in the province of Vojvodina and one of the largest in the country. It had 16 branches.

In the end of the 1970s, Bank opened three independent representative offices in New York City, London and Frankfurt; and joint representative offices established in Moscow, Beijing and Tehran.

In the 1980s, Vojvođanska Bank became a member of the Yugoslav Banking Consortium for the realization of the first loan granted by IFC for the development of small companies; and Associate Bank realized 70% of the total foreign exchange operations of Vojvodina economy. In 1989, the Bank split up into 9 equal successors; the Head Office and 8 branches. Later, during the 1990s, bank starter to open more branches in Central Serbia, Banja Luka (in Republika Srpska) and in Podgorica (Montenegro). The branch office in Banja Luka became an independent bank with the major equity share in private ownership. Vojvodjanska banka was the co-founder and shareholder of VB Banja Luka.