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Telenor Banka AD

Summary

Company ID (NIN)

17138669

Company owner / manager

  • PPF Group N.V.

Country

Serbia

Capital

6,198,849,000

Total assets

14,925,253,000

Net loss for the period

-1,090,752,000

Report year

2017

Currency

RSD

Industry

Banking

General information

About Telenor Banka AD

Telenor Banka AD is a Serbian universal commercial bank.

As of December 2018, it was ranked 21st in the country in terms of total assets.

 

Last updated on June 17, 2019.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
Aug. 26, 1997
NIN
17138669
Tickers
Stock Exchange
ISIN
Profile last updated
June 17, 2019, 2:01 p.m.
Alternative names

    Telenor Banka JSC
    Telenor Banka AD Beograd
    Telenor Banka JSC Belgrade

History

    Aug 26, 1997 - Alco Banka AD is established in Serbia's capital Belgrade.

    June 29, 2004 - The bank changes its name to A Banka AD.

    June 13, 2007 - Belgian financial company KBC Insurance N.V. acquires 100% in A Banka AD.

    Mar 5, 2008 - A Banka AD renames to KBC Banka AD.

    Dec 19, 2013 - Denmark's Telenor Danmark Holding A/S, part of Norway-based Telenor Group, acquires 100% in KBC Banka AD.

    May 9, 2014 - KBC Banka AD changes its name to Telenor Banka AD.

    August 2017 - Bulgarian investment fund River Styxx Capital EAD reaches an agreement with Telenor Danmark Holding A/S to acquire a 85% stake in Telenor Banka AD. In February 2018, the National Bank of Serbia denies approval of the deal.

    June 15, 2018 - The Netherlands-based PPF Group N.V. announces its plans to acquire 100% in Telenor Banka AD. Later, PPF Group N.V. receives an approval from the Serbian Commission for Protection of Competition to acquire the company.

    Feb 21, 2019 - PPF Group N.V. completes the acquisition of 100% in Telenor Banka AD.

     

    Last updated on June 17, 2019.

Management

Executive Board
Milos Polovina
Member of the Board
Milos Brusin
Chairman of the Board and CEO
Marija Popovic
Member of the Board
Board of Directors
Bosko Zivkovic
Member of the Board
Ronny Bakke Nevdal
Member of the Board
Ingeborg Oefsthus
Chairman of the Board
Gunn Isabel Westerlund Ingemundsen
Member of the Board
Djordje Djukic
Member of the Board

Contacts

Address
88, Omladinskih Brigada Str.
11070
Belgrade – Novi Belgrade, Serbia
Telephones

+381 11 440 9667

Fax

+381 11 354 0930

Emails

banka@telenor.rs
officebanka@telenor.rs

Websites
www.telenorbanka.rs

Ownership

Name Direct holding Indirect holding Owner type Country
PPF Group N.V. 100.0 Company Netherlands

Subsidiaries and affiliates

Name Direct holding Indirect holding Country

Products and services

Telenor Banka AD provides the following services:

  • savings accounts;
  • loans;
  • deposits;
  • credit and debit cards;
  • money transfers;
  • online banking.

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