Raiffeisen Banka Completes Acquisition of Former Crédit Agricole Srbija

Raiffeisen banka a.d. Beograd has announced that it has successfully closed the legal and operational merger of RBA banka, which started with the acquisition of 100% of the shares of this bank (formerly Crédit Agricole Srbija) in April last year. Beginning with May 3, 2023, the two banks will operate as a new, integrated and big Raiffeisen banka a.d. Beograd.

The integrated Raiffeisen banka has thereby increased its market share in Serbia to 12%.

The loan portfolio of Raiffeisen banka has reached almost EUR 3 billion, the deposit potential is over EUR 4.5 billion, whereas the active client base has exceeded one million.

The bank, as announced, continues providing the service to its clients in a total of 139 locations throughout the country, with an increased number of ATMs, which has exceeded 300 machines.

– On the other hand, the former RBA banka is bringing to the integrated bank its rich experience and expertise in operations with the agricultural segment, in which it is one of the market leaders in the past years. The integrated Raiffeisen banka will continue developing the operations in this field and further upgrade its offer for the agricultural segment – big agri-companies, but also small agricultural and family properties – the announcement says.

Raiffeisen banka a.d. Beograd is a member of Raiffeisen Bank International, one of the leading banking groups in central and eastern Europe. It started operating in Serbia in 2001.

Raiffeisen banka a.d. Beograd

RBA banka a.d. Novi Sad

Raiffeisen banka ad Beograd

RBA banka

Credit Agricole Srbija

bank acquisition

bank takeover

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