Opportunity savings bank became bank

Opportunity savings bank from Novi Sad changed its status into Opportunity bank, with about 15m EUR worth of assets. That is the first American bank on the territory of Serbia, which will first do business with the entrepreneurs, agriculture and population.

A member of the Executive Board of Opportunity bank, Vladimir Vuković, announced so far the highest effective interest rates in Serbia on foreign currency savings in euros – 8-8.2% on annual basis, and explained that it was part of promotional campaign of the bank.

Stating the facts why Oportunity bank will be different from other banks, Vuković said that the bank had been created with the aim to develop entrepreneurship in Serbia, to animate between 33% and 34% of population that never used banking services to start using them. He added that that bank would offer "start-up" loans for the beginners in business.

General Manager and the President of Executive Board of the bank, Stuart White, said that the stockholders of Opportunity bank - Opportunity Transformation Investment from USA (63.51% of assets), European Bank for Rehabilitation and Development (19.11%) and Investment Fund FMO from Netherlands (12.74%) – had increased the assets of the bank by about 5m EUR.

White said that Opportunity bank has offices in 12 cities of Serbia – from Subotica to Preševo – and announced that the curiosity would be the visits of the bank employees to the clients for the sake of concluding certain business arrangements.