Srpsko bankarstvo 2019

UdruĹženje banaka Srbije

Bankarstvo ISSN 2466-5495 | COBISS.SR-ID 109903884

Specijalni broj

Srpsko bankarstvo Serbian Banking

2019

SRPSKO BANKARSTVO U 2019.

SERBIAN BANKING IN 2019

Beograd, 2020.

Bankarstvo Specijalno izdanje za 2020. / Special Edition 2020 49. godina izdanja / 49th Year of Publishing Izdavač / Publisher Udruženje banaka Srbije p.u. / Association of Serbian Banks b.a.

11000 Beograd, Bulevar kralja Aleksandra 86 bankarstvo@ubs-asb.com www.ubs-asb.com Glavni i odgovorni urednik / Editor-in-Chief Vladimir Vasić Redakcioni odbor / Editorial Board Prof. dr Radovan Kovačević, Ekonomski fakultet, Univerzitet u Beogradu / Faculty of Economics, University of Belgrade Prof. dr Miloš Božović, Ekonomski fakultet, Univerzitet u Beogradu / Faculty of Economics, University of Belgrade Prof. dr Dušan Marković, Ekonomski fakultet, Univerzitet u Beogradu / Faculty of Economics, University of Belgrade Prof. dr Aleksandar Živković, Ekonomski fakultet, Univerzitet u Beogradu / Faculty of Economics, University of Belgrade Prof. dr Velimir Lukić, Ekonomski fakultet, Univerzitet u Beogradu / Faculty of Economics, University of Belgrade Prof. dr Vladimir Vučković, Fiskalni savet Republike Srbije / Fiscal Council Republic of Serbia Prof. dr Nebojša Savić, FEFA - Fakultet za ekonomiju, finansije i administraciju / FEFA - Faculty of Economics, Finance and Administration Prof. dr Goran Pitić, FEFA - Fakultet za ekonomiju, finansije i administraciju / FEFA - Faculty of Economics, Finance and Administration Prof. dr Vesna Aleksić, Institut ekonomskih nauka Beograd / Institute of Economic Sciences Belgrade dr Jelena Minović, Institut ekonomskih nauka Beograd / Institute of Economic Sciences Belgrade Prof. dr Miloš Živković, Pravni fakultet, Univerzitet u Beogradu / Faculty of Law, University of Belgrade dr Aleksandra Mitrović, Fakultet za hotelijerstvo i turizam, Vrnjačka Banja / Faculty of Hotel Management and Tourism, Vrnjačka Banja Prof. dr Mlađan Mrđan, EBS Business School, Wiesbaden Prof. dr Marko Malović, Fakultet poslovne ekonomije, Univerzitet Educons, Sremska Kamenica / Faculty of Business Economics, Educons University, Sremska Kamenica dr Milko Štimac, Konsultant za finansijska tržišta / Financial markets consultant dr Nataša Kožul, Samostalni ekspert i konsultant za investiciono bankarstvo / Independent expert and investment banking consultant dr Miloš Janković, Ekspert za bankarsku i finansijsku regulaciju / Banking and financial regulation expert Siniša Krneta, Beogradska berza / Belgrade Stock Exchange Gordana Dostanić, AMS osiguranje / AMS Insurance dr Miloš Vujnović, Jubmes banka a.d. Beograd dr Slađana Sredojević, Udruženje banaka Srbije / Association of Serbian Banks dr Milan Brković, Udruženje banaka Srbije / Association of Serbian Banks dr Vesna Matić, Udruženje banaka Srbije, u penziji / Association of Serbian Banks, retired Svetlana Pantelić, Udruženje banaka Srbije, u penziji / Association of Serbian Banks, retired dr Boško Mekinjić, Komercijalna banka a.d. Banja Luka, BiH Doc. dr Džafer Alibegović, Ekonomski fakultet, Univerzitet u Sarajevu, BiH / Faculty of Economics, University of Sarajevo, Bosnia and Herzegovina Prof. dr Slobodan Lakić, Ekonomski fakultet, Univerzitet u Podgorici, Crna Gora / Faculty of Economics, University of Podgorica, Montenegro Prof. dr Žarko Lazarević, Inštitut za novejšo zgodovino Ljubljana, Slovenija / Institute of Contemporary History Ljubljana, Slovenia dr Boštjan Ferk, Inštitut za javno-zasebno partnerstvo, Ljubljana, Slovenija / Institute for Public-Private Partnership, Ljubljana, Slovenia Prof. dr János Száz, Institute for Training and Consulting in Banking, Budapest, Hungary dr Andrei Radulescu, Banca Transilvania, Bucharest, Romania Prof. Roger Claessens, R.J. Claessens & Partners, Luxembourg Prof. dr Nikolay Nenovsky, CRIISEA, Université de Picardie Jules Verne, Amiens, France dr Aaron Presnall, Jefferson Institute, Washington, USA Redakcija / Editorial Office dr Zlata Lukić - Urednik / Editor +381 11 30 20 771 Vesna Milkova - Sekretar / Secretary +381 11 30 20 541 Sonja Grbić - Prevodilac i lektor za engleski jezik / Translator and English Proofreader Priprema / Prepress Čugura Print Beograd

SADRŽAJ UVODNA REČ

6

NARODNA BANKA SRBIJE

8

UDRUŽENJE BANAKA SRBIJE

10

ADDIKO BANK A.D. BEOGRAD

12

AIK BANKA A.D. BEOGRAD

14

ALTA BANKA A.D. BEOGRAD

16

API BANK A.D. BEOGRAD

18

BANCA INTESA A.D. BEOGRAD

20

BANKA POŠTANSKA ŠTEDIONICA A.D. BEOGRAD

22

BANK OF CHINA SRBIJA A.D. BEOGRAD

24

CRÉDIT AGRICOLE SRBIJA A.D. NOVI SAD

26

DIREKTNA BANKA A.D. KRAGUJEVAC

28

EXPOBANKA A.D. BEOGRAD

30

ERSTE BANK A.D. NOVI SAD

32

EUROBANK A.D. BEOGRAD

34

HALKBANK A.D. BEOGRAD

36

KOMERCIJALNA BANKA A.D. BEOGRAD

38

MIRABANK A.D. BEOGRAD

40

MOBI BANKA AD BEOGRAD

42

MTS BANKA A.D. BEOGRAD

44

NLB BANKA A.D. BEOGRAD

46

OPPORTUNITY BANKA A.D. NOVI SAD

48

OTP BANKA SRBIJA A.D. BEOGRAD

50

PROCREDIT BANK A.D. BEOGRAD

52

RAIFFEISEN BANKA A.D. BEOGRAD

54

SBERBANK SRBIJA A.D. BEOGRAD

56

SRPSKA BANKA A.D. BEOGRAD

58

UNICREDIT BANK SRBIJA A.D. BEOGRAD

60

VOJVOĐANSKA BANKA A.D. NOVI SAD

62

KOMISIJA ZA HARTIJE OD VREDNOSTI REPUBLIKE SRBIJE

64

BEOGRADSKA BERZA

66

BILANS STANJA SA STANJEM NA DAN 31.12.2019.

68

BILANS USPEHA ZA PERIOD 01.01. DO 31.12.2019.

72

4

Srpsko bankarstvo 2019

CONTENTS A WORD OF INTRODUCTION

7

NATIONAL BANK OF SERBIA

9

ASSOCIATION OF SERBIAN BANKS

11

ADDIKO BANK A.D. BELGRADE

13

AIK BANK A.D. BELGRADE

15

ALTA BANK A.D. BELGRADE

17

API BANK A.D. BELGRADE

19

BANCA INTESA A.D. BELGRADE

21

POSTAL SAVINGS BANK A.D. BELGRADE

23

BANK OF CHINA SERBIA A.D. BELGRADE

25

CRÉDIT AGRICOLE SERBIA A.D. NOVI SAD

27

DIREKTNA BANKA A.D. KRAGUJEVAC

29

EXPOBANK A.D. BELGRADE

31

ERSTE BANK A.D. NOVI SAD

33

EUROBANK A.D. BELGRADE

35

HALKBANK A.D. BELGRADE

37

KOMERCIJALNA BANKA A.D. BELGRADE

39

MIRABANK A.D. BELGRADE

41

MOBI BANK AD BELGRADE

43

MTS BANKA A.D. BELGRADE

45

NLB BANK A.D. BELGRADE

47

ОPPORTUNITY BANK A.D. NOVI SAD

49

OTP BANK SERBIA A.D. BELGRADE

51

PROCREDIT BANK A.D. BELGRADE

53

RAIFFEISEN BANK A.D. BELGRADE

55

SBERBANK SERBIA A.D. BELGRADE

57

SRPSKA BANKA A.D. BELGRADE

59

UNICREDIT BANK SERBIA A.D. BELGRADE

61

VOJVOĐANSKA BANKA A.D. NOVI SAD

63

SECURITIES COMMISSION OF REPUBLIC OF SERBIA

65

BELGRADE STOCK EXCHANGE

67

BALANCE SHEET AS OF 31.12.2019

69

INCOME STATEMENT FOR THE PERIOD 01.01 - 31.12.2019

73

5

Serbian Banking 2019

UVODNA REČ Poštovani čitaoci, Pred Vama je petnaesto specijalno izdanje časopisa Bankarstvo u kome, kao što ste već navikli, objavljujemo prikaz poslovanja bankarskog sektora Srbije u godini za nama. Kakvi su poslovni rezultati ostvareni u 2019. godini saznaćete iz priloga koje su dostavile sve banke koje trenutno posluju na tržištu Srbije, a moći ćete da pročitate i šta je obeležilo prethodnu godinu u radu Narodne banke Srbije, Beogradske berze, Komisije za hartije od vrednosti i Udruženja banaka Srbije. Ovogodišnje izdanje zaokružuju bilans stanja i bilans uspeha bankarskog sektora Srbije na dan 31.12.2019. godine, prema podacima iz Bilbon baze UBS, koja se puni i ažurira u direktnoj saradnji sa bankama.

Trend konsolidacije bankarskog sektora Srbije, koji od pre nekoliko godina postaje sve intenzivniji, nastavljen je i tokom 2019. godine, pa je tako u nekoliko banaka došlo do promene vlasništva.

Najveća integracija na tržištu, kompletirana polovinom prošle godine, jeste rezultat preuzimanja Vojvođanske banke a.d. Novi Sad od strane OTP banke. Nešto kasnije, deo OTP grupe postala je i Societe Generale banka.

Najavljivana privatizacija Komercijalne banke realizovana je prodajom većinskog državnog udela NLB Banci. Očekivano jačanje privatnog vlasništva i postepeno povlačenje države iz banaka potvrđeno je i prodajom državnog paketa akcija u JUBMES banci, koja od nedavno posluje pod novim imenom – ALTA banka. Telenor banka tokom 2019. godine promenila je ime i sada posluje kao Mobi banka.

Na kraju ovog uvoda koristimo priliku da se zahvalimo svim našim saradnicima iz banaka i ostalih predstavljenih institucija koji su učestvovali u pripremi i dostavljanju priloga, jer bez njihove pomoći i doprinosa sklapanju kompletne slike bankarskog sektora Srbije u 2019. godini, ovaj specijalni broj časopisa Bankarstvo ne bi ni mogao da bude objavljen.

6

Vladimir Vasić

generalni sekretar Udruženje banaka Srbije

Srpsko bankarstvo 2019

A WORD OF INTRODUCTION Dear readers, Here is the fifteenth special issue of Bankarstvo Journal in which we, once again, publish the overview of the operations of the banking sector of Serbia in the year before. The contributions submitted by the banks currently operating in Serbia will show the business results achieved in 2019, while the National Bank of Serbia, the Belgrade Stock Exchange, the Securities Commission and the Association of Serbian Banks will tell you more about their operations in the previous year. This year’s issue is rounded up by the balance sheet and income statement of the banking sector of Serbia as of 31 December 2019, according to the data from the ASB Bilbon database, which is edited and updated in direct cooperation with the banks.

The trend of consolidation of the banking sector of Serbia, which has intensified as of a few years ago, continued in 2019, hence several banks have experienced changes in ownership. The largest market integration, finalised in the middle of last year, was the result of OTP Bank taking over Vojvođanska banka a.d.

Novi Sad. A little while later, Societe Generale Bank also became part of the OTP Group.

The long-announced privatisation of Komercijalna banka was finalised with the sale of its stateowned majority shares to NLB Bank. The expected strengthening of private ownership and the gradual decline of state ownership in banks was also reaffirmed with the sale of the state-owned shares in JUBMES Bank, which has recently changed its name to ALTA Bank. In 2019, Telenor Bank changed its name to Mobi Bank.

To conclude this introduction, we would like to use this opportunity to express our gratitude to all our associates from the banks and other featured institutions who helped prepare this issue by submitting their materials, since this special issue of Bankarstvo Journal could not have been published without their contribution to creating a full picture of the banking sector in Serbia in 2019.

7

Vladimir Vasić

Secretary General Association of Serbian Banks

Serbian Banking 2019

dr Jorgovanka Tabaković, guverner NBS / NBS Governor

Kontinuitet pozitivnih rezultata, sistemska rešenja, pravovremene reakcije i inovacije obeležile su i proteklu godinu u radu Narodne banke Srbije. I u 2019. godini Narodna banka Srbije je ispunila svoje zakonom definisane ciljeve i, što je ključno, očuvala stabilnost. Inflaciju smo očuvali na niskom i stabilnom nivou, čuvajući time i realnu vrednost zarada. Dinar je ostao relativno stabilan prema evru, što privredi i građanima daje izvesnost za poslovanje i planiranje. Devizne rezerve su na rekordnom nivou. Dinarska štednja je nastavila snažan rast i dostigla najveće iznose do sada. Još povoljnijim uslovima finansiranja podržavali smo rast kreditne aktivnosti i raspoloživog dohotka. Problematične kredite smo dodatno smanjili, spuštajući ih na najniži nivo, a radili smo intenzivno kako bi se građanima i privredi omogućile još kvalitetnije finansijske usluge.

Koliko je odgovoran i efikasan regulator važan, naročito pokazuju izazovna vremena, svetske krize i nepredvidive situacije poput pandemije korona virusa. Narodna banka Srbije je prva institucija u zemlji koja je reagovala čitavim paketom mera. I u narednom periodu nastavićemo istim intenzitetom i sa istim prioritetima - radimo u korist naših građana i privrede, čuvanjem stabilnosti i donošenjem i sprovođenjem mera koje unapređuju svakodnevni život.

NARODNA BANKA SRBIJE Kralja Petra 12, 11000 Beograd 8

www.nbs.rs Srpsko bankarstvo 2019

The continuity of positive results, systemic solutions, well-timed reactions and innovation is what marked the National Bank of Serbia’s work in the year behind us. Thus, 2019 is yet another year in which the National Bank of Serbia met its statutory objectives and, most importantly, maintained stability.

We kept inflation at a low and stable level, thereby preserving the real value of wages. The dinar stayed relatively stable against the euro, providing certainty to companies and people in their business and planning. Foreign exchange reserves are record high. Dinar savings continued their vibrant growth, reaching the highest levels so far. By offering even more favourable terms of financing, we supported the rise in lending and disposable income. We reduced non-performing loans additionally, bringing them down to their historical low, and we worked intensively in different areas to ensure an even better quality of financial services to our citizens and businesses.

The importance of having a responsible and efficient regulator comes to the fore particularly in the challenging times, global crises and unpredictable situations such as the coronavirus pandemic. The National Bank of Serbia was the first institution in the country to have reacted with a whole set of measures.

In the coming period the National Bank of Serbia will continue to work with the same intensity and with the same priority goals in mind – to serve our people and businesses by maintaining stability and adopting and implementing measures that improve everyday lives.

NATIONAL BANK OF SERBIA Kralja Petra 12, 11000 Beograd 9

www.nbs.rs Serbian Banking 2019

Udruženje banaka je i tokom 2019. godine nastavilo da pruža aktivnu i snažnu podršku bankama i bankarskom sektoru, ali i građanima Srbije. Nakon višegodišnjih napora da se reši pitanje kredita indeksiranih u švajcarskim francima, Udruženje banaka je, kroz svoje stručne odbore i radne grupe, a uz blisku saradnju sa Narodnom bankom Srbije i Ministarstvom finansija, doprinelo iznalaženju konačnog pravnog rešenja koje su prihvatile i banke i klijenti.

U cilju izgradnje i jačanja međunarodnih odnosa, Udruženje banaka je u protekloj godini dodatno intenziviralo saradnju sa međunarodnim organizacijama kao što su: Evropska bankarska federacija, Evropska asocijacija za obuku u bankarskim i finansijskim uslugama, Udruženje banaka centralne i istočne Evrope, itd. Učešće UBS na događajima ovih međunarodnih organizacija nije prošlo nezapaženo, a Udruženje je imalo i čast da ugosti ambasadore Japana i Kazahstana, kao i mnoge kolege iz stranih udruženja banaka sa kojima je ostvarena bilateralna saradnja kroz konkretne zajedničke projekte i aktivnosti.

Najveći deo svojih aktivnosti u protekloj godini Udruženje je usmerilo upravo ka polju edukacije, a pogotovo u kontekstu bližeg upoznavanja bankarskih klijenata i učesnika u bankarskom sektoru sa digitalizacijom i naprednim oblastima finansijskog poslovanja. Kroz organizaciju mnogobrojnih seminara i predavanja, sa gostujućim predavačima iz zemlje i inostranstva, Udruženje se potrudilo da prati aktuelnosti modernog tehnološkog doba koje zahteva stalna unapređenja i usavršavanja. Pored aktivnog učešća u projektima digitalizacije, kao što su IPS i unapređenje portala eUprave, UBS predstavlja zajednički glas svih banka i svoju ulogu, između ostalog, pokazuje zauzimajući se za jačanje saradnje banaka sa fintech industrijom.

Udruženje banaka Srbije već tradicionalno promoviše i radi na razvijanju finansijske pismenosti svih kategorija stanovništva. U sklopu nastavka dugogodišnje saradnje sa Evropskom bankarskom federacijom iz Brisela, Udruženje je 2019. godine po peti put učestvovalo u inicijativi Evropske nedelje novca, kao i u projektu Evropskog kviza novca za đake uzrasta 13-15 godina. Kao jedan od osnivača, uz Srpsku akademiju nauka i umetnosti i Narodnu banku Srbije, Udruženje banaka veoma je ponosno i na Fondaciju za studije nauka i umetnosti, za koju je izdvojena značajna donacija kako bi se ova Fondacija reafirmisala i pružila neophodna podrška mladim talentima.

UDRUŽENJE BANAKA SRBIJE Bulevar kralja Aleksandra 86, 11000 Beograd 10

www.ubs-asb.com Srpsko bankarstvo 2019

Throughout 2019 the Association of Serbian Banks continued to provide strong, active support to the banks and the banking sector, as well as to the citizens of Serbia. After many years of efforts to solve the problem of loans indexed in Swiss francs, the Association of Serbian Banks helped find the final legal solution that was accepted by both banks and clients, through the work of its expert committees and working groups, and in close cooperation with the National Bank of Serbia and the Ministry of Finance.

With the view of building and strengthening international relations, during the previous year the ASB further intensified its cooperation with international institutions such as: the European Banking Federation, the European Banking & Financial Services Training Association, the Banking Association of Central and Eastern Europe, etc. The ASB participated in several events organized by these institutions, and also had the opportunity to host the ambassadors of Japan and Kazakhstan, as well as many colleagues from foreign bank associations, with which it has established bilateral cooperation in the form of specific joint projects and activities.

In the past year, the Association focused most of its activities towards the field of education, especially in the context of teaching bank clients and banking sector participants more about digitalisation and the advanced fields of financial operations. By organising a multitude of seminars and lectures, with guest lecturers from Serbia and abroad, the Association strove to follow the current trends of the modern technological era which demands continuous advancements and improvements. In addition to actively participating in digitalisation projects, such as the IPS and the enhanced eGovernment portal, the ASB represents the joint voice of all banks and, acting in accordance with its role, fosters the strengthening of the banks’ cooperation with the FinTech industry.

The Association of Serbian Banks traditionally promotes and works on developing financial literacy in all demographic categories. As part of the long-standing cooperation with the European Banking Federation from Brussels, in 2019 the ASB participated in the European Money Week initiative for the fifth time, and took part in the European Money Quiz project, intended for children aged 13-15. Being proud of the Foundation for Science and Art Studies, as one of its founders, along with the Serbian Academy of Sciences and Arts and the National Bank of Serbia, the ASB has donated a significant sum in order to endorse the Foundation and provide necessary support for talented young people.

ASSOCIATION OF SERBIAN BANKS Bulevar kralja Aleksandra 86, 11000 Beograd 11

www.ubs-asb.com Serbian Banking 2019

Pionirska uloga u digitalnoj transformaciji bankarskih procesa i svetski standardi jedinstvenog koncepta praktičnog bankarstva ključne su odlike poslovanja Addiko banke. Kao deo Addiko Grupe, međunarodne finansijske grupacije sa sedištem u Beču, Addiko banka razvija poslovanje u regionu, a nakon uspešnog izlaska na berzu svojom inovativnom ponudom potvrđuje lidersku poziciju na tržištu.

Strategija Addiko banke podrazumeva specijalizaciju za kreditiranje građana, jednostavno transakciono bankarstvo i kreditiranje malih i srednjih preduzeća. U stalnom traganju za inovativnim rešenjima u digitalnoj transformaciji, Addiko banka uvođenjem novih digitalnih kanala kroz m-banking i e-banking čini bankarske usluge pogodnijim, jednostavnijim i efikasnijim za korišćenje.

Korisnici putem aplikacije mBanking brzo i sigurno upravljaju svojim novcem, uz pristup 24/7, bez odlaska u banku, a na ovaj način mogu dobiti pregled stanja, vršiti instant plaćanja ili aplicirati za prekoračenje po tekućem računu ili gotovinski mKredit.

Addiko banka je prvi put na tržištu Srbije i regiona predstavila mKredit, inovativni proizvod koji omogućava podnošenje zahteva, obradu i isplatu kredita bez odlaska u ekspozituru. Za kompletnu proceduru klijentu je dovoljan mobilni telefon i pristup mBanking aplikaciji, uz najsavremenije mere zaštite.

Addiko mBanking aplikacija je najbolje rangirana prema stepenu zadovoljstva korisnika u kategoriji bankarskih aplikacija na tržištu Srbije.

Takođe, fokus Addiko banke je i na mikro, malim i srednjim preduzećima. I u tom segmentu urađeno je mnogo toga kada je digitalizacija procesa i usluga u pitanju, a posebno kroz saradnju sa Appianom.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

94.757

806

Ukupni kapital

22.387

190

Akcijski kapital Koeficijent adekvatnosti kapitala

20.545

175 27,05%

Prinos na aktivu

1,18%

Prinos na kapital

5,25%

Broj zaposlenih

558

Organizaciona mreža ADDIKO BANK A.D. BEOGRAD Bulevar Mihajla Pupina 6, 11070 Novi Beograd 12

Centrala, 37 ekspozitura www.addiko.rs Srpsko bankarstvo 2019

The pioneering role in the digital transformation of the banking processes and the world-class standards of a unique straightforward banking concept are the key features of Addiko Bank. As part of Addiko Group, international financial group headquartered in Vienna, Austria, the Bank has been developing its business in the region. Upon its successful stock exchange listing, the Bank’s leading market position has been confirmed through its innovative product offer.

Addiko Bank's strategy includes specialization in retail lending, simple transaction banking and lending to small and medium enterprises. In the constant search for innovative solutions in digital transformation, Addiko Bank’s new digital channels via m-banking and e-banking make banking services practical, simple and more efficient to use.

Through the mBanking application, users manage their money quickly and safely, 24/7, completely online. This option provides account information review, instant payments, and overdraft or cash mCredit application.

Addiko Bank launched mCredit as an innovative product on the Serbian and regional markets, enabling online application, processing and issuance of loans without the need to visit a bank branch. To fulfill the procedure, the client needs a mobile phone and access to the mBanking application which provides sophisticated safety measures. Addiko mBanking application is best ranked according to the level of user satisfaction in the category of banking applications on the Serbian market.

Moreover, Addiko Bank focuses its business on micro, small and medium enterprises. Significant progress has been achieved in this field as well, in terms of digitalization of processes and services, especially in cooperation with Appian.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

94,757

806

Total Capital

22,387

190

Shareholders Equity Capital Adequacy Ratio

20,545

175 27.05%

Return on Total Assets

1.18%

Return on Equity

5.25%

Number of Employees Organizational Structure ADDIKO BANK A.D. BEOGRAD Bulevar Mihajla Pupina 6, 11070 Novi Beograd 13

558 Head Office, 37 Branch Offices www.addiko.rs Serbian Banking 2019

Domaća i jaka, AIK Banka prepoznata je kao pouzdan i stabilan partner velikom broju građana i privrednika, a realizovani finansijski pokazatelji u 2019. godini svrstavaju je u sam vrh bankarskog sektora Srbije.

U fokusu AIK Banke i dalje se nalaze širenje tržišne prisutnosti i inovativnost proizvoda i usluga. U proteklom periodu banka je značajno unapredila svoje performanse, razvila brojne digitalne servise, ojačala kapitalnu bazu, akvizirala dve banke, jednu u zemlji, drugu u inostranstvu. Preuzimanjem slovenačke Gorenjske banke, AIK Banka je postala prva banka iz Srbije koja je iskoračila na tržište Evropske unije.

Na kraju 2019. godine, profit pre poreza AIK Banke je iznosio RSD 9,3 mlrd. Banka je zabeležila rast profita pre poreza od 45 odsto u poređenju sa 2018. godinom. Kada je reč o neto aktivi, ona u istom periodu beleži rast od 8 odsto. Implementirana su značajna inovativna tehnološka rešenja, kroz nove proizvode i usluge za brojne korisnike. Digitalizacija prilagođena potrebama korisnika ostaje jedan od ključnih prioriteta.

Petu godinu zaredom AIK Banka je dobitnik priznanja za najbolju komercijalnu banku u Srbiji, koje u okviru Banking Awards nagrada dodeljuje renomirani ekonomski magazin iz Velike Britanije – International Banker. Pored pomenutog priznanja, Banka je u 2019. godini nagrađena i u kategoriji najinovativnije banke u sektoru poslovanja sa stanovništvom.

Prethodne godine AIK Banka izdvojila je više od 200.000 EUR za različite CSR aktivnosti, i kao društveno angažovana banka uvek je oslonac društvu.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

223.601

1.901

Ukupni kapital

57.320

487

Akcijski kapital Koeficijent adekvatnosti kapitala

27.196

231 23,72%

Prinos na aktivu

4,32%

Prinos na kapital

30,26%

Broj zaposlenih

670

Organizaciona mreža AIK BANKA A.D. BEOGRAD Bulevar Mihaila Pupina 115đ, 11070 Novi Beograd 14

Centrala, 26 filijala, 30 ekspozitura, 1 šalter www.aikbanka.rs Srpsko bankarstvo 2019

Domestic and strong, AIK Banka is recognised as a reliable and stable partner to a great number of private individuals and companies. The financial indicators for 2019 position the Bank at the top of the Serbian banking sector.

AIK Banka’s focus remains on the expansion of our market share and innovation in terms of products and services. In the previous period, the Bank has significantly improved its performance, developed numerous digital services, strengthened its capital base and acquired two additional banks, one here at home and one abroad. With its acquisition of the Slovenian-based Gorenjska Banka, AIK has become Serbia’s first bank to step into the EU market.

At the end of 2019, AIK Banka generated a profit before taxation of RSD 9.3 billion, thus recording a profit growth by 45 percent compared to the previous year. Regarding net assets, the Bank recorded a growth by 8 percent over the same period. The Bank has implemented significant innovative technological solutions through new products and services that it offers to its large client base. Digitalisation specifically adapted to suit its clients’ needs is still one of the Bank’s key priorities.

AIK Banka has been the recipient of the Best Commercial Bank in Serbia award, over the last five consecutive years. This award is given as part of the Banking Awards presented by the renowned UK magazine International Banker. Furthermore, in 2019 the Bank won an award in the Most Innovative Bank category, in relation to its retail segment.

Last year, AIK Banka allocated over EUR 200,000 towards various CSR activities, and, as a socially responsible bank, it remains a pillar of the community.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

223,601

1.901

Total Capital

57,320

487

Shareholders Equity Capital Adequacy Ratio

27,196

231 23.72%

Return on Total Assets

4.32%

Return on Equity

30.26%

Number of Employees Organizational Structure AIK BANKA A.D. BEOGRAD Bulevar Mihaila Pupina 115đ, 11070 Novi Beograd 15

670 Head Office, 26 Bank Branches, 30 Branch Offices, 1 Cash Office www.aikbanka.rs Serbian Banking 2019

JUBMES banka je postala ALTA banka. Uspešno završenim procesom privatizacije banke u 2019. godini, JUBMES banka, sada pod imenom ALTA banka a.d. Beograd nastavlja svoj četrdesetogodišnji staž u bankarskom sektoru Srbije sa novom energijom, novom vizijom i namerom da bar još četrdeset godina bude finansijski partner od izbora maloj privredi, srednjim preduzećima i građanima Srbije.

Prethodnu godinu obeležile su aktivnosti vezane za privatizaciju Banke, ali je istovremeno održan kontinuitet poslovanja, uvećana kamatonosna aktiva i ostvaren pozitivan finansijski rezultat. Strateški izazovi pred nama, koji se pre svega odnose na pozicioniranje male banke na tržištu na kome dominiraju međunarodne finansijske institucije iz zemalja u bližem i daljem okruženju, ne trpe odlaganje u donošenju ključnih odluka o daljim pravcima razvoja Banke.

Moderna organizacija, fokus na tržišta koja su nedovoljno pokrivena od strane velikih banaka, savremena tehničko-tehnološka rešenja u poslovanju i orijentacija ka digitalizaciji procesa predstavljaju ključ uspeha u budućem periodu. Partnerski odnos sa sistemom Alta Pay, Banci omogućava širenje geografske pokrivenosti tržišta što će njenu ponudu, koju će činiti inovativni proizvodi, učiniti lako dostupnom većini građana i male privrede Srbije.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

20.032

170

Ukupni kapital

4.071

35

Akcijski kapital

3.080

26

Koeficijent adekvatnosti kapitala

26,44%

Prinos na aktivu

1,06%

Prinos na kapital

4,75%

Broj zaposlenih

121

Organizaciona mreža ALTA BANKA A.D. BEOGRAD Bulevar Zorana Đinđića 121, 11070 Novi Beograd 16

Centrala, 2 ekspoziture, 1 šalter www.altabanka.rs Srpsko bankarstvo 2019

JUBMES banka has become ALTA banka. Upon the privatization process, successfully finalized in 2019, JUBMES banka, now under the new name - Alta banka a.d. Belgrade, continues its forty-year-long tradition in the Serbian banking sector, with the new energy, vision and intention to be the financial partner to the small and medium enterprises as well as citizens of Serbia, for at least another forty years.

The previous year was marked by the activities related to the Bank’s privatization, but at the same time the business continuity was maintained, interest income was increased and the positive financial results were achieved. The Bank’s strategic challenges are mainly related to the positioning of a small bank in the market dominated by international financial institutions. Therefore, the key decisions about the directions of the Bank’s further development have to be reached without delay.

Modern organization, focus on the markets which are not sufficiently covered by big banks, state-ofthe-art information and communication technology solutions and orientation towards the digitalization process are crucial for our business success in the forthcoming period. The Bank’s partnership with the Alta Pay system will enable it to extend its geographic market coverage and make its offer, consisting of innovative products, easily accessible to the majority of Serbian citizens and SMEs. 31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

20,032

170

Total Capital

4,071

35

Shareholders Equity

3,080

26

Capital Adequacy Ratio

26.44%

Return on Total Assets

1.06%

Return on Equity

4.75%

Number of Employees Organizational Structure ALTA BANKA A.D. BEOGRAD Bulevar Zorana Đinđića 121, 11070 Novi Beograd 17

121 Head Office, 2 Branch Offices, 1 Cash Office www.altabanka.rs Serbian Banking 2019

API Banka a.d. Beograd je mala banka u potpunom vlasništvu privatnog investitora sa dalekog istoka Rusije. Glavna konkurentska prednost male banke je fleksibilnost. To znači da će se sposobnost kreiranja poslovnog modela zasnovanog na rešenjima uvek razlikovati kao prednost malog igrača u odnosu na tržišne divove.

Biti fleksibilan i dinamičan u poslovanju, pratiti promene u tehnologijama i regulativama, održavati stabilnosti u upravljanju rizikom i okupiti odličan tim stručnjaka za to - ključni su prioriteti razvoja Banke. „Znamo da smo mali. Međutim, znamo da veličina nije presudna kada govorimo o kvalitetu usluga koje klijenti dobijaju i o uspehu kompanije, jer to je zasluga ljudi. Pitanje je njihove motivacije i ambicije, sposobnosti da se nauče lekcije i težnja za rezultatima “, izjavila je Marija Stepina, predsednica Izvršnog odbora API Banke a.d. Beograd.

API Banka će i dalje pružati usluge domaćim firmama, obraćajući pažnju na izvanredan nivo usluga i visok kvalitet formiranja portfolija kredita i bankarskih usluga za srpske kompanije. Fizičkim licima Banka nudi individualan pristup i širok spektar najpotrebnijih usluga. Pored toga, svojim klijentima Banka uvek nudi i posebne ponude, koje se ne mogu naći generalno na tržištu. Banka je takođe otvorena i za inostrane klijente koji imaju mogućnost dobijanja usluga na srpskom, engleskom i ruskom jeziku.

Ljudski resursi su najvrednija imovina API Banke. Posedujući diplome sa vodećih univerziteta u Srbiji i EU, uz visoko profesionalno znanje iz oblasti bankarskih usluga i suštinsko razumevanje stvari, zaposleni API Banke rešavaju najsloženije zadatke prilikom svakodnevnog savetovanja klijenata.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

9.443

80

Ukupni kapital

1.413

12

Akcijski kapital Koeficijent adekvatnosti kapitala

3.672

31 24,33%

Prinos na aktivu

-

Prinos na kapital

-

Broj zaposlenih

95

Organizaciona mreža API BANK A.D. BEOGRAD Balkanska 2, 11000 Beograd 18

Centrala, 1 filijala, 1 ekspozitura www.apibank.rs Srpsko bankarstvo 2019

API Bank a.d. Belgrade is a small bank fully owned by a private investor from the far east of Russia. The main competitive advantage of a small bank is flexibility. This means that the ability to create a business model based on solutions will always advantageously distinguish a small player from the market giants.

Being flexible and dynamic in business, following changes in technology and regulation, maintaining stability in risk management and building up a great team of professionals to do all this – these are the key priorities for the Bank’s development.

“We know that we are small. However, we know that size does not matter when speaking about the quality of services the clients receive and the success of a company, because it depends on the people. It is the matter of their motivation and ambition, their ability to learn and fight for results”, stated Marija Stepina, CEO of API Bank a.d. Belgrade.

API Bank will continue to serve domestic corporates, with a view to forming a portfolio of loans and banking services for Serbian companies, paying attention to the outstanding level of services and high quality of the portfolio itself. As for the retail clients, the Bank offers an individual approach and a wide range of most needed services. Moreover, the Bank always has some special offers for its clients, which cannot be generally found on the market. The Bank is also opened to foreign clients who have the opportunity to receive services in Serbian, English and Russian.

Human resources are the most valuable asset of API Bank. Having diplomas from leading universities in Serbia and the EU, possessing highly professional knowledge in the field of banking services, and understanding the substance of things, the employees of API Bank solve the most complex tasks when advising clients on a daily basis.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

9,443

80

Total Capital

1,413

12

Shareholders Equity

3,672

31

Capital Adequacy Ratio

24.33%

Return on Total Assets

-

Return on Equity

-

Number of Employees

95

Organizational Structure API BANK A.D. BEOGRAD Balkanska 2, 11000 Beograd 19

Head Office, 1 Bank Branch, 1 Branch Office www.apibank.rs Serbian Banking 2019

Banca Intesa, deo međunarodne bankarske grupe Intesa Sanpaolo, zauzima vodeću poziciju na tržištu Srbije mereno ključnim parametrima uspešnosti poslovanja – ukupnom aktivom, kapitalom, kreditima i depozitima klijenata. Sa najvećim brojem izdatih platnih kartica i izvršenih transakcija, Banca Intesa je vodeća i u segmentu kartičarstva, a može se pohvaliti i najrazvijenijom mrežom POS terminala i bankomata u zemlji. Poslovni uspeh banke nagrađen je i velikim brojem internacionalnih priznanja koja su joj ukazali prestižni časopisi The Banker, Euromoney, Global Finance i Finance Central Europe.

Banca Intesa posluje sa 1,34 miliona klijenata u segmentu fizičkih i pravnih lica, kojima stavlja na raspolaganje inovativne proizvode, vrhunsku uslugu i jedinstveni spoj razvijene poslovne mreže i digitalnih servisa. Poslovna mreža, koju čini 155 ekspozitura, kontinuirano se unapređuje, sa fokusom na iskustvo klijenta, kroz poboljšanje servisnog modela koji obezbeđuje da usluga bude relevantna i efikasna, kao i organizaciju prostora u kojem se pruža usluga. Na svim tačkama kontakta, Banca Intesa nudi spoj tradicionalnog bankarstva i inovacija zasnovanih na razumevanju potreba klijenata i praćenju aktuelnih trendova u bankarskoj industriji. Idući u korak sa tehnološkim napretkom, banka je prešla na novu, unapređenu informacionu platformu, koja će joj omogućiti da nastavi sa dinamičnom transformacijom svog poslovnog modela i uvede u ponudu najsavremenije proizvode i servise bazirane na digitalnim tehnologijama.

Uvažavajući potrebe svih zainteresovanih strana, Banca Intesa u svoje poslovanje integriše načela korporativne društvene odgovornosti, o kojima svedoče i brojna priznanja koja je ponela na ovom planu, podsticajno radno okruženje koje obezbeđuje za svoje zaposlene, razvijena kultura korporativnog volonterstva, kao i sredstva koja izdvaja za promociju umetnosti i sporta, zaštitu kulturne baštine i podršku socijalnim i obrazovnim ustanovama.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

652.631

5.550

Ukupni kapital

100.067

851

Akcijski kapital Koeficijent adekvatnosti kapitala

41.748

355 21,23%

Prinos na aktivu

2,28%

Prinos na kapital

13,49%

Broj zaposlenih

3.073

Organizaciona mreža

Centrala, 4 regionalna centra, 155 ekspozitura i 3 kancelarije za stambene kredite

BANCA INTESA A.D. BEOGRAD Milentija Popovića 7b, 11070 Novi Beograd 20

www.bancaintesa.rs Srpsko bankarstvo 2019

Banca Intesa, part of the international banking group Intesa Sanpaolo, has the leading position in the Serbian market measured by key performance indicators - total assets, capital, loans and customer deposits. With the largest number of issued payment cards and executed transactions, Banca Intesa is also the leading bank in the card segment and boasts the most developed network of POS terminals and ATMs in the country. The Bank’s business success has been rewarded with a number of international awards handed by prestigious magazines The Banker, Euromoney, Global Finance and Finance Central Europe.

Banca Intesa has 1.34 million clients in the segment of individuals and legal entities, to whom it makes available innovative products, superior service and a unique combination of developed business network and digital services. The business network, comprising of 155 branches, is being continuously advanced, with a focus on customer experience, through the service model improvement which ensures that the service will be relevant and efficient, as well as the organization of space in which the customers are served. At all touchpoints, Banca Intesa offers a combination of traditional banking and innovations based on understanding the customers’ needs and keeping up with the current trends in the banking industry. In line with the technological progress, the Bank has moved to a new, advanced information platform, which will enable it to continue with the dynamic transformation of its business model and to introduce state-of-the-art products and services based on digital technologies.

Acknowledging the needs of all the stakeholders, Banca Intesa integrates the principles of corporate social responsibility into its business, as evidenced by the numerous awards it has received in this field, the stimulating work environment it provides for its employees, the developed culture of corporate volunteering and the funds it allocates for the promotion of arts and sports, protection of cultural heritage and support to social and educational institutions.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

652,631

5,550

Total Capital

100,067

851

Shareholders Equity Capital Adequacy Ratio

41,748

355 21.23%

Return on Total Assets

2.28%

Return on Equity

13.49%

Number of Employees Organizational Structure BANCA INTESA A.D. BEOGRAD Milentija Popovića 7b, 11070 Novi Beograd 21

3,073 Head Office, 4 Regional Centers, 155 Branch Offices and 3 Housing Loans Offices www.bancaintesa.rs Serbian Banking 2019

Za Banku Poštanska štedionica 2019. bila je još jedna godina dobrih poslovnih rezultata, u kojoj je nastavljen trend uspešnog poslovanja započet 2017. godine. Bilansna suma Banke ima tendenciju stabilnog organskog rasta, kao i profitabilnost koju karakteriše dugoročna održivost. Prema veličini poslovne mreže i sa više od 2.000 zaposlenih, Banka je među najvećima u bankarskom sektoru Srbije. Vodeći računa o ravnomernoj regionalnoj zastupljenosti, kroz akciju „Još bliže vama“ od 2015. godine do danas ukupno je otvoreno 85 novih organizacionih oblika.

Prateći zahteve digitalnog društva i potrebe klijenata, paralelno sa razvojem tradicionalnih kanala prodaje i pružanja bankarskih usluga, intenzivno se razvija i popularizuje elektronsko bankarstvo, što je rezultiralo rapidnim rastom broja korisnika E-bank usluge za pravna lica, Homeb@nking i “MobiBank“ servisa.

Banka Poštanska štedionica prva je izdala Dina karticu sa čipom i znatno povećala broj prodajnih mesta za uslugu plaćanja Dina debitnom karticom na rate. Jedina je banka na tržištu koja je na svojim bankomatima i POS terminalima prihvatala platne kartice najvećeg kartičarskog brenda na svetu China Union Pay. Tokom 2019. godine Banka je intenzivirala međunarodne aktivnosti: finalizirala povlačenje ino kreditne linije od Kineske razvojne banke, uspostavila korespondentske odnose sa Belarus bankom, i privela kraju pregovore sa jednom od najvećih investicionih banaka na svetu – Credit Suisse o zaključivanju okvirnog ugovora o repo transakcijama, kao i otvaranju nostro korespondentskog računa Banke kod ove finansijske institucije.

Kao deo društvene zajednice, nastoji da bude oslonac i podrška razvoju zajednice u kojoj posluje kroz ulaganja u sport, zdravstvo, prosvetu i kulturu. I na ovom polju 2019. bila je godina velikog uspeha: odbojkašice i odbojkaši nacionalne reprezentacije popeli su se na evropski tron u dresovima sa imenom naše Banke kao generalnim sponzorom Odbojkaškog saveza Srbije.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

227.806

1.937

Ukupni kapital

26.838

228

Akcijski kapital Koeficijent adekvatnosti kapitala

11.176

95 27,6%

Prinos na aktivu

1,3%

Prinos na kapital

12,5%

Broj zaposlenih

2.193

Organizaciona mreža BANKA POŠTANSKA ŠTEDIONICA A.D. BEOGRAD Kraljice Marije 3, 11120 Beograd 22

Centrala, 6 regionalnih centara, 24 filijale, 157 ekspozitura, 27 samostalnih šaltera www.posted.co.rs Srpsko bankarstvo 2019

For Postal Savings Bank 2019 was another year of good business results, in which the trend of successful operations, started in 2017, was continued. The Bank’s total assets have recorded a stable organic growth, as well as its profitability, characterized by the long-term sustainability. According to the size of its business network, and with more than 2,000 employees, the Bank is among the biggest ones in the Serbian banking sector. With equal regional representation in mind, a total of 85 new organizational units have been opened since 2015, as part of the "Even Closer to You" campaign.

Following the demands of digital society and the needs of its clients, in parallel with the development of traditional sales channels and the provision of banking services, the Bank has been intensively developing and popularizing e-banking, which has resulted in a rapid growth in the number of users of E-bank service for legal entities, along with the Homeb@nking and MobiBank services.

Postal Savings Bank was the first bank to have issued a Dina card with a chip and significantly increased the number of points-of-sale for the Dina debit card installment payments. It is the only bank in the market that accepts payment cards of the biggest card brand in the world - China Union Pay - at its ATMs and POS terminals.

Throughout 2019, the Bank intensified its international activities, i.e. finalized the withdrawal of the term facility from China Development Bank, established a correspondent relationship with Belarusbank, and finalized the negotiations with one of the largest investment banks in the world – Credit Suisse – concerning the conclusion of a Global master repurchase agreement and opening of a nostro correspondent account with this financial institution.

Being part of the social community, the Bank aspires to be a foothold and support to the development of the community in which it operates through investing in sports, health, education and culture. In this field, 2019 was also a largely successful year since both female and male volleyball players of the national team mounted the European throne in the jerseys bearing the name of the Bank as the general sponsor of the Serbian Volleyball Association.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

227,806

1,937

Total Capital

26,838

228

Shareholders Equity Capital Adequacy Ratio

11,176

95 27.6%

Return on Total Assets

1.3%

Return on Equity

12.5%

Number of Employees

2,193

Organizational Structure BANKA POŠTANSKA ŠTEDIONICA A.D. BEOGRAD Kraljice Marije 3, 11120 Beograd 23

Head Office, 6 Regional Centers, 24 Bank Branches, 157 Branch Offices, 27 Cash Offices www.posted.co.rs Serbian Banking 2019

Bank of China Srbija a.d. Beograd osnovana je u Beogradu u decembru 2016. godine i pruža usluge pravnim licima širom regiona jugoistočne Evrope. Više od 47 kompanija je otvorilo 174 računa u BOC Srbija i započelo svoje poslovanje sa nama, uključujući: Telekom Srbija, Aerodrom Beograd, HBIS-Železaru Smederevo, Zijin-Bor, Huawei, itd.

Težnja Banke Kine u Srbiji je da bude most u ekonomiji između dve zemlje, ne samo povezujući kineske kompanije sa srpskim tržištem, već i podstičući srpske kompanije da uđu na kinesko tržište. U aspektu uspešnog izvođenja investicionih projekta u Srbiji, najbolji primer je privatizacija RTB-a Bor. Ovaj projekat je na prvom mestu sproveden zahvaljujući podršci Vlade Srbije i Ambasade NR Kine u Beogradu, a podjednako važnu ulogu u tom periodu imala je i Banke Kine u Srbiji koja je organizovala cikluse sastanaka između kompanije Zijin Mining Group i RTB Bor. Kada je reč o plasiranju sredstava, pre svega treba pomenuti projekat izgradnje pruge Beograd- Budimpešta, izgradnju autoputa E763 i projekat izgradnje Kineskog kulturnog centra. Krajem decembra prošle godine, Banka Kine u Srbiji i Beogradska berza potpisali su Memorandum o razumevanju sa ciljem formiranja dugoročnih partnerskih odnosa usmerenih ka jačanju tržišta kapitala u Srbiji.

U pogledu finansiranja i organizovanja aktivnosti vezanih za industriju izvoza, naš target nisu samo velike kompanije, već i mala i srednja preduzeća. Unazad par godina u okviru samita „16 + 1“, BOC je pokrenula organizaciju Foruma koji je namenjen za povezivanje privrednika. Od tada je i Banka Kine u Srbiji omogućila desetinama srpskih MSP-a prisustvo i učešće na ovim forumima, što je otvorilo nove poslovne mogućnosti za srpske i kineske kompanije.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

10.316

88

Ukupni kapital

1.937

16

Akcijski kapital Koeficijent adekvatnosti kapitala

1.844

16 90,17%

Prinos na aktivu

0,27%

Prinos na kapital

2,69%

Broj zaposlenih

28

Organizaciona mreža BANK OF CHINA SRBIJA A.D. BEOGRAD Bulevar Zorana Đinđića 2a, 11070 Beograd 24

Centrala www.bankofchina.com/rs Srpsko bankarstvo 2019

Bank of China Srbija a.d. Beograd was established in Belgrade in December 2016 and provides its banking services to the corporate clients in the entire SEE region. More than 47 companies have opened 174 accounts and started doing business with Bank of China Srbija, including: Telekom Srbija, Belgrade Airport, HBIS-Smederevo, Zijin-Bor, Huawei, etc.

The Bank’s aim is to serve as a bridge between the two countries’ economies, not only connecting Chinese companies with the Serbian market, but also encouraging Serbian companies to enter the Chinese market. In the aspect of successful implementation of investment projects in Serbia, the best example so far would be the privatization of RTB Bor. It was conducted with the support of the Serbian government and Chinese Embassy in Serbia, while equally important was the help of BOC Srbija in arranging rounds of meetings between Zijin Mining Group and RTB Bor. When it comes to the placement of funds, it is worth mentioning the following construction projects: Serbia-Hungary railway, E763 motorway, and the China Cultural Centre. In late December 2019, Bank of China Srbija signed the Memorandum of Understanding with the Belgrade Stock Exchange, with a view to establishing long-term partnership aimed at strengthening the capital market in Serbia.

In terms of financing and organizing other activities related to export, the Bank focuses not only on large companies but also on SMEs. In recent years, within the “16+1” Summit, the Bank launched the organization of a forum intended for connecting businesses. Ever since BOC Srbija enabled dozens of Serbian SMEs to attend and participate in these forums, thus providing new business opportunities for both Serbian and Chinese companies.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

10,316

88

Total Capital

1,937

16

Shareholders Equity Capital Adequacy Ratio

1,844

16 90.17%

Return on Total Assets

0.27%

Return on Equity

2.69%

Number of Employees Organizational Structure BANK OF CHINA SRBIJA A.D. BEOGRAD Bulevar Zorana Đinđića 2a, 11070 Beograd 25

28 Head Office www.bankofchina.com/rs Serbian Banking 2019

Crédit Agricole Srbija je članica Crédit Agricole grupe, jedne od najvećih bankarskih grupacija na svetu koja je na listi prvih deset bankarskih grupacija po vrednosti imovine. O snazi i stabilnosti Crédit Agricole grupe najbolje govori kreditni rejting A+ dodeljen od strane S&P i Fitch, dok je Moody’s prema svojoj metodologiji dodelio Aa3 rejting, što je pokazatelj visoke stabilnosti, čak i u veoma izazovnim uslovima poslovanja. Ovako visoka ocena zaslužena je promišljenom poslovnom politikom, ispravnim sagledavanjem rizika kao i tradicijom u bankarstvu dugom više od sto godina.

Danas, Crédit Agricole grupa stoji uz više od 52 miliona klijenata na koje gleda kao na svoje saputnike.

Grupu čine i ljudi koji u njoj rade, i to njih 142.000 u čak 47 zemalja.

U Srbiji Banku čini više od 900 ljudi koji u 74 filijale, uz individualan pristup i posvećenost, svakodnevno rade na unapređenju partnerskog odnosa sa 300.000 klijenta, imajući u vidu specifične potrebe svakog od njih kao i osobenost vremena u kome živimo.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

118.727

1.010

Ukupni kapital

12.379

105

Akcijski kapital

10.191

86

Koeficijent adekvatnosti kapitala

16,55%

Prinos na aktivu

1,01%

Prinos na kapital

9%

Broj zaposlenih

945

Organizaciona mreža CRÉDIT AGRICOLE SRBIJA A.D. NOVI SAD Braće Ribnikar 4-6, 21000 Novi Sad 26

2 Centrale, 74 filijala www.creditagricole.rs Srpsko bankarstvo 2019

Crédit Agricole Serbia is a member of Crédit Agricole Group, one of the largest banking groups in the world which is listed among the top ten banking groups according to asset value. The strength and stability of Crédit Agricole Group are best demonstrated by the credit rating A+ awarded by S&P and Fitch, while Moody’s assigned an Aa3 rating according to its methodology, as an indicator of high stability even in the very challenging business conditions. A grade this high is the result of a well-conceived business policy, proper risk management, as well as over a hundred-year-long banking tradition.

Today, Crédit Agricole Group stands by more than 52 million clients and values them as its companions. The Group also looks after the people it employs, 142,000 of them, to be more precise, in as many as 47 countries.

In Serbia, more than 900 people in 74 branches consistently work on improving the partner relationship with 300,000 clients through individual approach and dedication, while taking into consideration the specific needs of each and every one of them as well as the specific circumstances of the present time.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

118,727

1,010

Total Capital

12,379

105

Shareholders Equity

10,191

86

Capital Adequacy Ratio

16.55%

Return on Total Assets

1.01%

Return on Equity

9%

Number of Employees

945

Organizational Structure CRÉDIT AGRICOLE SRBIJA A.D. NOVI SAD Braće Ribnikar 4-6, 21000 Novi Sad 27

2 Head Offices, 74 Bank Branches www.creditagricole.rs Serbian Banking 2019

Direktna Banka a.d. Kragujevac je univerzalna, domaća i moderna finansijska institucija koja nastavlja da učvršćuje svoju poziciju na domaćem bankarskom tržištu. Poslovanje Banke zasniva se na efikasnim proizvodima i uslugama koje su korisnicima dostupne u rasprostranjenoj mreži ekspozitura širom Srbije, kao i putem digitalnih servisa.

Direktna Banka je usmerena ka poslovanju sa stanovništvom, privredom, malim i srednjim preduzećima, kao i poljoprivrednim gazdinstvima. U fokusu Banke uvek su pojedinci sa svojim individualnim potrebama. Zahvaljujući ponudi kreiranoj po meri korisnika, Direktna Banka je u mogućnosti da izađe u susret raznovrsnim željama klijenata sa kojima neguje transparentan i dugoročan odnos, zasnovan na poverenju i razumevanju.

Dobri poslovni rezultati, kao i visoka adekvatnost kapitala, koja je na kraju 2019. godine iznosila 25,65 odsto, omogućili su Banci da svojim klijentima bude pouzdan partner i sigurna podrška.

Prioritet Direktne Banke u narednom periodu ostaje korisnik, kao i digitalizacija poslovnih procesa sa ciljem da se klijentima obezbede dodatni komfor i autonomija, a svakodnevno bankarsko poslovanje učini bržim i lakšim. Jedan od primera inovacije, koji je Banka obezbedila početkom godine za korisnike svoje m-banking aplikacije, jeste IPS QR kod sistem plaćanja. Direktnim pristupom i uz razumevanje stvarnih potreba, Banka će nastojati da i u budućnosti ostane prvi izbor klijenata, poštujući slogan „Direktna Banka. Za Vas“.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

60.869

518

Ukupni kapital

10.384

88

Akcijski kapital

1.917

16

Koeficijent adekvatnosti kapitala

25,65%

Prinos na aktivu

0,29%

Prinos na kapital

1,69%

Broj zaposlenih

656

Organizaciona mreža DIREKTNA BANKA A.D. KRAGUJEVAC Bulevar kraljice Marije 54B, ulaz 54N, 34000 Kragujevac 28

Centrala, 4 regionalna centra, 47 ekspozitura www.direktnabanka.rs Srpsko bankarstvo 2019

Direktna Banka a.d. Kragujevac is a universal, domestic and modern financial institution which continues to strengthen its position in the domestic banking market. Its operations are based on efficient products and services available to clients through a broad branch network all over Serbia, as well as through digital services.

Direktna Banka focuses its operations on retail, corporate, and SME segments, as well as on agricultural households. Individuals with their specific needs are at the core of the Bank’s business. With the wide range of products and services tailor-made to meet the clients’ needs, Direktna Banka cultivates the relations with its clients based on transparency, trust and understanding.

Good business results and high capital adequacy, which stood at 25.65% at the end of 2019, enable the Bank to be a reliable partner providing strong support to its clients.

Client orientation remains the highest priority of Direktna Banka in the forthcoming period, alongside the digitalization of its operational processes, with the aim to provide additional comfort and autonomy and make daily banking operations user friendly. An example of innovation launched by the Bank towards its m-banking users earlier this year was the IPS QR code payment feature. Approaching its clients directly and understanding their real needs, the Bank will strive to continue being their first choice in the future, always committed to justifying its slogan “Direktna Banka. For You”.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

60,869

518

Total Capital

10,384

88

Shareholders Equity

1,917

16

Capital Adequacy Ratio

25.65%

Return on Total Assets

0.29%

Return on Equity

1.69%

Number of Employees Organizational Structure DIREKTNA BANKA A.D. KRAGUJEVAC Bulevar kraljice Marije 54B, entrance 54N, 34000 Kragujevac 29

656 Head Office, 4 Regional Centers, 47 Branch Offices www.direktnabanka.rs Serbian Banking 2019

Nakon tri godine od ulaska Expobanke na tržište Srbije i intenzivne saradnje sa kolegama iz Češke i Rusije, tim Expobank a.d. Beograd se širi. Novi članovi tima će doprineti većoj integraciji u okviru Grupe, proaktivnom delovanju i razvoju banke. Expobanka je fokusirana na klijenta i usluge poput upravljanja imovinom, strukturiranih kredita i savetodavnih usluga u vezi sa budućim investicijama. „Expobank a.d. Beograd je centar poslovnih aktivnosti Grupe u regionu i okuplja partnere iz Srbije, Češke i Rusije radi unapređenja ekonomske saradnje na ovim tržištima. Banka je visoko kapitalizovana i visoko likvidna, pokazatelj adekvatnosti kapitala je unapređen i iznosi 37%, uz regulatorni kapital od 32 miliona evra. Vlasnička struktura Expobank a.d. Beograd je transparentna i u skladu je sa međunarodnim poslovnim standardima. Želimo da iskoristimo prednosti koje nam obezbeđuje poznavanje različitih tržišta, kao osnov za efikasniji izvoz srpskih preduzeća i za privlačenje velikih poslovnih projekata iz drugih zemalja. Cilj nam je i da omogućimo bolji i jednostavniji izvoz na rusko i češko tržište i povežemo ljude i kompanije“, istakao je Borislav Strugarević, predsednik Izvršnog odbora Expobanke.

U budućem periodu Banka očekuje razvoj internacionalnog poslovanja unapređenjem tima, razmenom ideja, podsticanjem novih pristupa i nove prakse u poslovanju.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

15.896

135

Ukupni kapital

3.789

32

Akcijski kapital Koeficijent adekvatnosti kapitala

8.549

73 37%

Prinos na aktivu

-1,7%

Prinos na kapital

-7,1%

Broj zaposlenih

132

Organizaciona mreža EXPOBANK A.D. BEOGRAD Dalmatinska 22, 11000 Beograd 30

Centrala, 5 filijala, 1 šalter www.expobank.rs Srpsko bankarstvo 2019

After three years since Expobanka entered the Serbian market and the intensive cooperation with colleagues from the Czech Republic and Russia, the team of Expobank a.d. Belgrade is expanding. New team members will contribute to the greater integration within the Group, the proactive functioning and development of the Bank. Expobank is focused on the client and services like asset management, structured loans and advisory services in connection with future investments.

“Expobank a.d. Belgrade is the center of business activities of the Group in the region and gathers partners from Serbia, the Czech Republic and Russia in order to improve economic cooperation in these markets. The Bank is highly capitalized and highly liquid, the capital adequacy ratio has reached 37%, while regulatory capital amounts to EUR 32 million. The ownership structure of Expobank a.d. Belgrade is transparent and in line with international business standards. We want to take advantage of the knowledge gained at different markets, as a basis for a more efficient export of the Serbian companies and attraction of large business projects from other countries. Our goal is also to enable better and easier export to the Russian and Czech markets and to connect people and companies”, said Borislav Strugarević, CEO of Expobank a.d. Belgrade.

In the future, the Bank expects a development of international business through team upgrades, exchange of ideas, encouragement of new approaches and new business practices.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

15,896

135

Total Capital

3,789

32

Shareholders Equity

8,549

73

Capital Adequacy Ratio

37%

Return on Total Assets

-1.7%

Return on Equity

-7.1%

Number of Employees Organizational Structure EXPOBANK A.D. BEOGRAD Dalmatinska 22, 11000 Beograd 31

132 Head Office, 5 Bank Branches, 1 Cash Office www.expobank.rs Serbian Banking 2019

„Rast svih ključnih indikatora poslovanja iz godine u godinu, a naročito zadovoljstvo naših klijenata daju nam potvrdu naše korporativne filozofije da je moguće ostvariti rast, dok u isto vreme menjamo banku i ulažemo značajna sredstva u razvoj našeg novog operativnog sistema“, izjavio je Slavko Carić, predsednik Izvršnog odbora Erste Bank a.d. Novi Sad. Posvećenost svih zaposlenih potrebama klijenata, podrška i savetodavni pristup rezultirali su porastom ukupnih depozita na kraju 2019. godine za više od 12 odsto, kredita za više od 15 odsto, dok je nivo nenaplativih kredita od 1,4 procenta prvenstveno odraz kvalitetnog poslovanja klijenata i Banke i jedan od najnižih ne samo u Srbiji, već i u regionu. „U radu sa stanovništvom i dalje beležimo veliko interesovanje za stambene i gotovinske kredite, dok rast depozita govori u prilog poverenju u našu bankarsku grupaciju, koja uspešno posluje već dva veka. Podrška privrednicima tokom 2019. godine bila je usmerena na njihove investicione aktivnosti, a izvrsne rezultate zabeležili smo u kreditiranju nekretnina. Dodatno, uspešnim emitovanjem dugoročnih dinarskih obveznica, dali smo doprinos razvoju domaćeg tržišta kapitala i sekundarnog tržišta dužničkih hartija od vrednosti“, naglasio je Slavko Carić.

On je dodao da je cilj dugoročne investicije u novu IT infrastrukturu pružanje najboljeg korisničkog iskustva klijentima, koji u banci treba da imaju podršku u svim segmentima njihovog života i rada.

Ukupna neto dobit Banke na kraju 2019. godine iznosi 2,68 milijardi dinara. Erste Banka je nastavila sa ekspanzijom svoje mreže, koja na kraju 2019. godine broji 89 poslovnih jedinica, dok je ukupan broj aktivnih klijenata 497 hiljada.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

231.450

1.968

Ukupni kapital

31.824

271

Akcijski kapital Koeficijent adekvatnosti kapitala

15.463

131 21,40%

Prinos na aktivu

1,2%

Prinos na kapital

9,7%

Broj zaposlenih

1.154

Organizaciona mreža ERSTE BANK A.D. NOVI SAD Bulevar oslobođenja 5, 21000 Novi Sad 32

Centrala, 46 filijala, 33 ekspoziture, 3 šaltera, 7 poslovnih centara www.erstebank.rs Srpsko bankarstvo 2019

“The growth of all key operating indicators year after year, and in particular our customers’ satisfaction, present a validation of our corporate philosophy that it is possible to grow, while at the same time changing the bank and investing significant funds in the development of our new operating system“, stated Slavko Carić, CEO of Erste Bank a.d. Novi Sad. The commitment of all employees to the customers’ needs, support and advisory approach resulted in a growth of total deposits by more than 12 percent, and of loans by more than 15 percent in 2019, with the NPL level of 1.4 percent primarily reflecting the good business performance of the clients and the Bank, being one of the lowest not only in Serbia but in the region as well.

“In our retail operations, we continue to see great interest in housing and cash loans, while deposit growth is a reflection of confidence in our banking group, which has been operating successfully for two centuries. Support to businesses during 2019 was focused on their investment activities, and we recorded excellent results in real estate lending. Additionally, with a successful issue of long-term dinar bonds, we contributed to the development of the local capital market and secondary debt securities market”, Slavko Carić pointed out.

He added that the goal of long-term investment in the new IT infrastructure is to provide the best customer experience, ensuring that the clients are supported by the Bank in all segments of their life and work.

At the end of 2019, Erste Bank total net profit amounted to 2.68 billion dinars. Erste Bank continued with the expansion of its network, which at the end of 2019 comprised 89 units, while the total number of active clients amounted to 497 thousand.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

231,450

1,968

Total Capital

31,824

271

Shareholders Equity

15,463

131

Capital Adequacy Ratio

21.40%

Return on Total Assets

1.2%

Return on Equity

9.7%

Number of Employees

1,154

Organizational Structure ERSTE BANK A.D. NOVI SAD Bulevar oslobođenja 5, 21000 Novi Sad 33

Head Office, 46 Bank Branches, 33 Branch Offices, 3 Cash Offices, 7 Business Centers www.erstebank.rs Serbian Banking 2019

Eurobank a.d. Beograd već više od 15 godina posluje na bankarskom tržištu Srbije i danas je jedna od ključnih finansijskih institucija sa ukupnom aktivom od 1,51 milijarde evra. Eurobank je visokokapitalizovana, uz pokazatelj adekvatnosti kapitala od 26,2%, višestruko iznad propisanog minimuma od 8%.

Kapital banke iznosi 8,1% ukupnog kapitala bankarskog sektora i predstavlja garant stabilnosti prema našim partnerima, klijentima i zaposlenima. Godina 2019. bila je uspešna uprkos otpisima usled primene Zakona o konverziji stambenih kredita indeksiranih u švajcarskim francima, a pozitivni rezultati ostvareni su u svim segmentima poslovanja. Kroz poslovnu mrežu od 80 ekspozitura i 5 centara za rad sa privredom, više od 1.300 zaposlenih svakodnevno pruža usluge klijentima i servisira preko 500.000 računa fizičkih i pravnih lica.

Eurobank je dobitnik VIRTUS Nagrade za doprinos lokalnoj zajednici u kojoj posluje za 2019. godinu za realizaciju projekta „Mančester junajted Škola fudbala za decu“. Učešće u školi fudbala omogućeno je mladim talentima uzrasta do 11 godina, kao i deci zaposlenih, klijenata i partnera, i štićenicima domova za decu bez roditeljskog staranja. Ekskluzivno partnerstvo FK Mančester junajted i Eurobanke započeto je 2014. godine i do sada je izdato preko 29.000 kobrendiranih platnih kartica.

Tokom 2019. godine otvoreni su prvi opremljeni kabineti u srednjim ekonomskim školama u okviru projekta „Škola kao nacrtana za Vas“ koji Eurobank realizuje uz podršku Ministarstva prosvete, nauke i tehnološkog razvoja Republike Srbije.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

177.203

1.507

Ukupni kapital

52.958

450

Akcijski kapital

31.479

268

Koeficijent adekvatnosti kapitala

26,20%

Prinos na aktivu

0,04%

Prinos na kapital

0,14%

Broj zaposlenih

1.483

Organizaciona mreža EUROBANK A.D. BEOGRAD Vuka Karadžića 10, 11000 Beograd 34

Centrala, 80 ekspozitura www.eurobank.rs Srpsko bankarstvo 2019

Eurobank a.d. Belgrade has been operating in Serbia for more than 15 years and today represents one of the leading financial organizations with its total assets standing at EUR 1.51 billion. Eurobank is highly capitalized with the capital adequacy indicator amounting to 26.2%, significantly above the regulatory minimum of 8%. The Bank’s capital accounts for 8,1% of the total banking sector capital, serving as a stability guarantee to our partners, customers, and employees. The last year was successful for the Bank despite the implementation of the Law on the conversion of housing loans indexed to Swiss francs, and positive results were achieved in all business segments. More than 1,300 Eurobank employees provide services to 500,000 accounts of retail and corporate customers via the Bank’s network of 80 branches and 5 business centres.

Eurobank is the winner of the 2019 VIRTUS Award for the Contribution to Local Community for its “Manchester United Soccer School for Children” project. The school gathers young professional athletes up to 11 years of age, and is open to the children of Eurobank employees, clients, partners, and the centres for children without parental care. The exclusive partnership between Manchester United FC and Eurobank was launched in 2014 with more than 29,000 co-branded payment cards issued so far.

During 2019 the first donations to state high schools of economics were realized within the Eurobank project “A School Designed for You” with the support of the Ministry of Education, Science and Technological Development of the Republic of Serbia.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

177,203

1,507

Total Capital

52,958

450

Shareholders Equity

31,479

268

Capital Adequacy Ratio

26.20%

Return on Total Assets

0.04%

Return on Equity

0.14%

Number of Employees

1,483

Organizational Structure EUROBANK A.D. BEOGRAD Vuka Karadžića 10, 11000 Beograd 35

Head Office, 80 Branch Offices www.eurobank.rs Serbian Banking 2019

Halkbank a.d. Beograd posluje od 2015. godine u Srbiji i veoma ponosno ističe uspešno širenje svoje poslovne mreže i baze klijenata, sa ciljem da bude jedna od najbrže rastućih banaka na tržištu. Nastavljajući trend rasta od dolaska na srpsko tržište, Banka je u 2019. godini ostvarila izuzetne poslovne rezultate. Uspešno poslovanje je zasnovano na jasno definisanoj strategiji i poslovnoj politici i vrednom angažovanju zaposlenih, uz veliku podršku Halkbank Grupe.

Banka je u 2019. godini ostvarila značajan rast aktivnosti u svim segmentima poslovanja. Glavni pokretač ovog rasta bio je rast kredita i depozita klijenata od 18% i 28%, respektivno, što je postignuto stalnim unapređenjem i razvojem proizvoda i usluga, digitalizacijom procesa i jačanjem efikasnosti, kako bi se na pravi način odgovorilo na potrebe klijenata i ponudila im se kompletna i efikasna rešenja.

Segment SME klijenata ostaje naš strateški fokus i kontinuirani izazov, kao i jačanje pozicije u delu kreditiranja poljoprivrednih proizvođača, s obzirom na veliki potencijal te grane proizvodnje u Srbiji.

Na polju poslovanja sa stanovništvom, proaktivan pristup klijentima, aktivno promovisanje proizvoda i širenje poslovne mreže rezultirali su rastom kredita i depozita i uvećanjem tržišnog učešća.

Dodatni podstrek za ostvarene rezultate dale su nam i prethodne dokapitalizacije od matične Banke (u 2018. godini u iznosu od 40 miliona evra), što potvrđuje naše dugoročne ciljeve u Srbiji, kao i želju da klijentima pružimo pouzdanost, sigurnost i poverenje. Ove investicije ukazuju na veliko poverenje između Srbije i Turske i predstavljaju značajan prostor za širenje saradnje u različitim oblastima privrede.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

69.994

595

Ukupni kapital

12.099

103

Akcijski kapital

8.973

76

Koeficijent adekvatnosti kapitala

24,22%

Prinos na aktivu

0,75%

Prinos na kapital

4,10%

Broj zaposlenih

525

Organizaciona mreža HALKBANK A.D. BEOGRAD Bulevar Milutina Milankovića 9e, 11070 Novi Beograd 36

Centrala, 25 filijale, 9 ekspozitura, 4 šaltera www.halkbank.rs Srpsko bankarstvo 2019

Halkbank a.d. Belgrade has been operating in the Republic of Serbia since 2015 and it proudly emphasizes the continuous expansion of its branch network and client base, with the aim of becoming one of the fastest growing banks in the market. Continuing the growth trend since joining the Serbian market, the Bank also achieved outstanding business results in 2019. Its successful operations are based on the clearly defined strategy and business policy in combination with the commitment of its employees and the abundant support of Halkbank Group.

In 2019, the Bank recorded a significant growth of activities in all business segments. The main driver of this growth was a growth of loans and deposits by 18% and 28% respectively, which was achieved through constant improvement and development of products and services, digitalization of processes and strengthened efficiency, with a view to properly responding to the needs of clients and offering them complete and efficient solutions.

The SME segment remains the Bank’s strategic focus and continuous challenge, along with strengthening the Bank’s position in lending to agricultural producers, given the great potential of this branch of production in Serbia. In the retail segment, the proactive approach to clients, in combination with the active promotion of products and expansion of the branch network resulted in a growth of retail loans and deposits and increased market share.

An additional incentive for the achieved results was provided by the previously realized increases in capital from the parent Bank (by EUR 40 million in 2018), which confirms the Bank’s long-term goals in Serbia, as well as the desire to provide its clients with reliable, secure and trustworthy services. These investments underline the trust between Serbia and Turkey and represent a significant area for expanding the cooperation in various fields of economy.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

69,994

595

Total Capital

12,099

103

Shareholders Equity

8,973

76

Capital Adequacy Ratio

24.22%

Return on Total Assets

0.75%

Return on Equity

4.10%

Number of Employees Organizational Structure HALKBANK A.D. BEOGRAD Bulevar Milutina Milankovića 9e, 11070 Novi Beograd 37

525 Head office, 25 Branches, 9 Branch Offices, 4 Cash Offices www.halkbank.rs Serbian Banking 2019

Komercijalna banka a.d. Beograd poslovala je i 2019. godine u skladu sa svojom sloganom „Meni najbliža“ i ostvarila pozitivne rezultate u svim segmentima. Ostvarena je dobit u iznosu od 8,27 milijardi dinara, što je rekord u istoriji Banke, uz tržišno učešće od 10,6%. Nastavljen je stabilan rast devizne štednje stanovništva, čime je Komercijalna banka još jednom potvrdila poziciju apsolutnog lidera na tržištu, sa deviznom štednjom od blizu 1,8 milijardi evra.

U poslovanje je uveden analitičko-predikativni alat za upravljanje odnosom sa klijentima, koji je poslužio za unapređenje postojećih kampanja i prodaje kreditnih proizvoda. Po instrukciji NBS uvedeno je instant plaćanje na prodajnom mestu trgovca, a klijentima su ponuđene i Dina platne kartice sa različitim opcijama otplate i znatno nižim troškovima.

U oblasti društvene odgovornosti Banka je nastavila sa akcijom darivanja beba rođenih na Svetski dan štednje 31. oktobra, kao i akcijom „Zajedno za bebe“ za opremanje porodilišta i bolnica, u kojoj su tokom 2019. godine donirana sredstva za porodilišta u Ćupriji i Pančevu. Organizovana je i akcija „Čep za hendikep“ kada je predato 10 kutija plastičnih čepova, a podržan je i niz kulturnih i sportskih kolektiva i manifestacija.

Poslovanje Komercijalne banke organizovano je kroz centralu Banke u Beogradu, šest regionalnih poslovnih centara i Filijalu Kosovska Mitrovica za poslovanje na teritoriji KiM. Osim Komercijalne banke Beograd, Grupu čine i tri zavisna društva: Komercijalna banka Podgorica u Crnoj Gori, Komercijalna banka Banja Luka u BiH i KomBank Invest Beograd, društvo za upravljanje investicionim fondovima.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

432.380

3.677

Ukupni kapital

75.852

645

Akcijski kapital Koeficijent adekvatnosti kapitala

40.035

340 30,83%

Prinos na aktivu

2,00%

Prinos na kapital

11,71%

Broj zaposlenih

2.744

Organizaciona mreža KOMERCIJALNA BANKA A.D. BEOGRAD Svetog Save 14, 11000 Beograd 38

Centrala, 6 poslovnih centara,3 sektora za rad sa malom i srednjom privredom, 1 filijala, 203 еkspoziture www.kombank.com Srpsko bankarstvo 2019

Komercijalna banka a.d. Belgrade in 2019, continued to operate in compliance with its slogan “Closest To Me“ and achieved positive results in all business segments. Profit was generated in the amount of RSD 8.27 billion, which is the record achievement in the history of the Bank, with the market share of 10.6%. The stable growth of retail FX savings continued, whereby Komercijalna banka once again confirmed its position as the absolute leader on the market, with foreign currency savings reaching almost EUR 1.8 billion.

The predictive analytics tool for customer relationship management was introduced into the operations, which served to improve the existing campaigns and the sales of credit products. According to the instructions of the NBS, instant payment was introduced at the merchant’s point of sale, and clients were also offered Dina payment cards with various repayment options and significantly lower costs.

In terms of social responsibility, the Bank continued to provide donations for babies born on the World Savings Day, i.e. 31 October, as well as to lead the campaign “Together for Babies” aimed at equipping the maternity wards and hospitals, as part of which in 2019 the funds were donated for maternity hospitals in Ćuprija and Pančevo. The “Cap for Handicap” campaign was also organized with 10 boxes of plastic pegs being collected. Furthermore, the Bank supported a number of cultural and sports collectives and manifestations.

Operations of Komercijalna banka are organized through the Bank's headquarters in Belgrade, six regional business centres and Kosovska Mitrovica Branch for business operations in the territory of Kosovo and Metohija. In addition to Komercijalna banka a.d. Belgrade, the Group also consists of three subsidiaries: Komercijalna banka Podgorica in Montenegro, Komercijalna banka Banja Luka in Bosnia and Herzegovina and KomBank Invest Beograd, an investment fund management company.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

432,380

3,677

Total Capital

75,852

645

Shareholders Equity Capital Adequacy Ratio

40,035

340 30.83%

Return on Total Assets

2.00%

Return on Equity

11.71%

Number of Employees

2,744

Organizational Structure KOMERCIJALNA BANKA A.D. BEOGRAD Svetog Save 14, 11000 Beograd 39

Head office, 6 Business Corporate Centers, 3 SME Sectors 1 Bank Branch, 203 Branch Offices www.kombank.com Serbian Banking 2019

Mirabank počinje sa radom u Srbiji krajem 2015. godine i direktna je strana investicija sa 100% kapitalom iz Ujedinjenih Arapskih Emirata. Misija Mirabanke je da podrži ekonomski razvoj domaće privrede pružajući maksimalnu podršku kompanijama iz Srbije, kao i investicijama iz UAE u Srbiji. Takođe, Banka teži da bude okosnica daljeg razvoja ekonomskih odnosa dveju pomenutih zemalja. Krajem 2019. godine osniva se Poslovni klub Ujedinjenih Arapskih Emirata i Srbije, čiji je Mirabank inicijator i jedan od osnivača.

Od početka rada, Mirabank kontinuirano gradi svoju poslovnu reputaciju trudeći se da bude prepoznata kao pouzdan i profesionalan partner koji će razumeti potrebe svojih klijenata i pomoći im da unaprede svoje poslovanje. Kako bi bila u poziciji da na što bolji način podrži klijente, Mirabank posebno razvija svoja znanja u oblastima informaciono-komunikacionih tehnologija, poljoprivrede, prehrambene industrije, zdravstva, farmacije i nekretnina.

Pored rada sa pravnim licima, Mirabank razvija i poslovanje sa stanovništvom, i to prvenstveno u domenu štednje, pružajući svim svojim štedišama sigurnost, vrhunski kvalitet usluge i konkurentne kamatne stope.

Kontinuirani napredak i razvoj ogleda se i u trendu značajnog poboljšanja finansijskog rezultata banke iz godine u godinu, koji je potvrđen i u 2019. godini. Uz maksimalnu podršku akcionara i posvećenost zaposlenih, Mirabank i u narednom periodu nastavlja sa razvojem svojih proizvoda i usluga kako bi bila još veća podrška kompanijama, stanovništvu i ekonomiji Srbije.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

6.408

54

Ukupni kapital

1.933

16

Akcijski kapital Koeficijent adekvatnosti kapitala

3.631

31 80,49%

Prinos na aktivu

-

Prinos na kapital

-

Broj zaposlenih

38

Organizaciona mreža MIRABANK A.D. BEOGRAD Španskih boraca 1, 11070 Beograd 40

Centrala, 1 еkspozitura www.mirabankserbia.com Srpsko bankarstvo 2019

Mirabank began its operations in Serbia at the end of 2015, as a direct foreign investment with 100% capital derived from the United Arab Emirates. Its mission is to support the growth of the local economy, providing maximum support to the Serbian enterprises and UAE investments in the Republic of Serbia.

Moreover, Mirabank aims to be a pillar in the creation of further economic relations between the two countries. At the end of 2019, the Serbia-UAE Business Club was established, with Mirabank as the initiator and one of the founders.

Since the beginning of its operations, Mirabank has continuously cultivated its business reputation, seeking to establish itself as a reliable and professional partner who understands its clients’ needs and is able to assist them in growing their businesses. In order to provide the very best support for its clients, Mirabank specialises in the following areas: information and communication technology, agriculture, food industry, healthcare, pharmaceuticals and real estate.

In addition to working with corporate clients, Mirabank continues to develop its relationships with private individuals, primarily in terms of savings, ensuring safety, premium quality services and competitive interest rates for its depositors.

The Bank’s continuous advancement and development is reflected in its significantly improved financial results, year after year, which was confirmed in 2019 as well. With the maximum shareholders’ support and the dedication of its employees, Mirabank continues to develop its products and services to facilitate even greater support to the local companies, private individuals and the Serbian economy overall.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

6,408

54

Total Capital

1,933

16

Shareholders Equity

3,631

31

Capital Adequacy Ratio

80.49%

Return on Total Assets

-

Return on Equity

-

Number of Employees

38

Organizational Structure MIRABANK A.D. BEOGRAD Španskih boraca 1, 11070 Beograd 41

Head office, 1 Branch Office www.mirabankserbia.com Serbian Banking 2019

Mobi Banka, deo PPF grupe, jedna je od najbrže rastućih mobilnih i onlajn banaka u regionu. U Srbiji se za samo pet godina poslovanja približila broju od 500.000 klijenata. Prateći dinamičan rast broja klijenata, Mobi Banka je u 2019. godini uvećala svoj ukupni kapital za 217%, u poređenju sa prethodnom godinom.

Od samog početka 2014. godine, cilj Mobi Banke, tada Telenor banke, bio je da potpuno promeni način na koji se obavljaju bankarski poslovi. Iako je promenila ime, banka je zadržala svoju misiju, ali i pionirsku ulogu na tržištu.

Mobi Banka prva je osmislila i uvela mCash uslugu kojom klijenti, uz pomoć telefona, bez kartice, mogu da podignu ili uplate novac, ili da provere stanje na računu na bankomatima. Istovremeno, Banka je razvila mPos uslugu za trgovce koja im samo uz pomoć mobilnog telefona omogućava naplatu dobara i usluga.

Strateško opredeljenje Mobi Banke je da nastavi sa razvojem inovativnih digitalnih proizvoda, uz sinergiju telekomunikacionih i bankarskih rešenja, koja će biti dostupna korisnicima prvenstveno kroz mobilno i onlajn bankarstvo.

PPF grupa prisutna je na tri kontinenta i u 24 zemlje. Kina, Indija, Rusija i SAD najveća su tržišta na kojima grupa posluje, i to, u najvećoj meri, u sektoru finansijskih usluga i telekomunikacija. PPF je jedan od najvećih evropskih investicionih fondova sa sredstvima od skoro 49 milijardi evra na kraju 2019. godine.

U društvu najboljih, Banka i u 2020. godini nastavlja sa inovacijama i transformacijom bankarstva.

Mobilno, neposredno i jednostavno bankarstvo, to je Mobi.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

19.957

170

Ukupni kapital

4.739

40

Akcijski kapital Koeficijent adekvatnosti kapitala

10.281

87 35,09%

Prinos na aktivu

-3%

Prinos na kapital

-11%

Broj zaposlenih

192

Organizaciona mreža MOBI BANKA A.D. BEOGRAD Omladinskih brigada 88, 11000 Novi Beograd 42

Centrala, 1 ekspozitura www.mobibanka.rs Srpsko bankarstvo 2019

Mobi Banka, part of the PPF Group, is one of the fastest growing mobile and online banks in the region.

In just five years of doing business in Serbia, its number of clients reached a figure close to 500,000. Following the dynamic growth in the number of clients, Mobi Banka increased its total capital by 217% in 2019, compared to the previous year.

Since its very beginnings in 2014, the goal of Mobi Banka, called Telenor Banka at the time, has been to completely change the way banking is done. Although it changed its name, the bank kept its mission, along with its pioneering role in the market.

Mobi Banka was the first to design and introduce the mCash service, which allows clients to withdraw or deposit money, or check their account balance at ATMs using their phones instead of cards. At the same time, the Bank developed the mPos service that allows sellers to charge for goods and services using only a mobile phone.

Mobi Banka’s strategic commitment is to continue developing innovative digital products through the synergy of telco and banking solutions, which will be available to clients primarily through mobile and online banking.

The PPF group operates on three continents and in 24 countries. China, India, Russia and the United States are the largest markets where the group operates, mostly in the financial services and telco sectors. PPF is one of the largest European investment funds with assets amounting to almost EUR 49 billion at the end of 2019.

Keeping company with the best, the Bank will continue to innovate and transform banking in 2020, too. Mobile, direct and user-friendly banking, that’s what Mobi is.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

19,957

170

Total Capital

4,739

40

Shareholders Equity Capital Adequacy Ratio

10,281

87 35.09%

Return on Total Assets

-3%

Return on Equity

-11%

Number of Employees Organizational Structure MOBI BANKA A.D. BEOGRAD Omladinskih brigada 88, 11000 Novi Beograd 43

192 Head Office, 1 Branch Office www.mobibanka.rs Serbian Banking 2019

Od 2014. godine, kada je postala deo Telekom Srbija Grupe, mts Banka a.d. Beograd je koncipirala svoje poslovanje tako da svi njeni proizvodi i usluge budu sinonim za poverenje, superiorne performanse i inovativne tehnologije.

Fokus je okrenut ka aktivnoj reorganizaciji i racionalizaciji poslovanja, preorijentaciji na poslovanje sa fizičkim licima, malim i srednjim preduzećima, uz jačanje odnosa sa klijentima u privredi, kao i jačanje informacione platforme kao osnove za unapređenje poslovanja i širenje portfolija proizvoda i usluga.

Koncept digitalnog bankarstva na kom se zasniva segment poslovanja sa stanovništvom obuhvata širok dijapazon usluga koje klijentu obezbeđuju jednostavnost, mobilnost, uštedu u vremenu i troškovima. Cilj je kreiranje proizvoda i usluga koje će odgovoriti na realne potrebe klijenata, pružiti adekvatan kvalitet i cenu kao i da se klijentima stavi na raspolaganje mogućnost pristupa bankarskim servisima 24/7, putem mobilnog telefona ili računara.

Poslovanje sa privredom kontinuirano beleži rast prodaje kreditnih proizvoda, povećanje prihoda kao i broja novih klijenata. Očuvanje dobrih poslovnih odnosa sa postojećim klijentima, efikasnost, prepoznavanje potreba i personalizacija ponude su imperativ u saradnji.

Posebno je važno naglasiti kontinuiranu sinergiju i saradnju sa kompanijama Dunav osiguranje i Telekom Srbija. Ta saradnja generiše proizvode i usluge sa velikim potencijalom baze korisnika, izuzetno konkurentnim uslovima kao i kvalitetom i snagom servisiranja.

Poslovanje mts Banke zasnovano je na kvalitetu, napretku, usavršavanju i kontinuiranom razvoju svih aspekata o čemu svedoče i pozitivni rezultati poslovanja od 2017. godine.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

14.482

106

Ukupni kapital

2.539

22

Akcijski kapital

2.362

20

Koeficijent adekvatnosti kapitala

37,76%

Prinos na aktivu

0,29%

Prinos na kapital

1,38%

Broj zaposlenih

212

Organizaciona mreža MTS BANKA A.D. BEOGRAD Bulevar Franše d’ Eperea 88, 11000 Beograd 44

Centrala, 1 regionalni centar, 4 filijale, 13 ekspozitura, 3 šaltera www.mtsbanka.rs Srpsko bankarstvo 2019

Since 2014, when it became part of the Telekom Srbija Group, mts Banka a.d. Belgrade has designed its business so that all of its products and services are synonymous with trust, superior performance and innovative technologies.

The focus is on active reorganization and rationalization of business, reorientation to retail and SMEs, further strengthening of relations with corporate clients, as well as strengthening of the IT platform as the basis for business improvement and expansion of product and service portfolio.

The concept of digital banking on which the retail segment is based encompasses a wide range of services that provide the client with simplicity, mobility, time and cost savings. The goal is to create products and services that will respond to the real needs of clients, provide adequate quality and price, as well as to enable the clients access to banking services 24/7, via mobile phone or computer.

The corporate segment has been recording a continuous increase in sales of credit products, an increase in revenue and the number of new clients. Maintaining good business relationships with the existing clients, providing efficiency, identifying needs and personalizing the offer are imperative in cooperation.

It is especially important to emphasize the continuous synergy and cooperation with the companies Dunav osiguranje and Telekom Srbija. This cooperation generates products and services with great potential of the customer base, extremely competitive conditions as well as quality and power of servicing.

The business of mts Bank is based on quality, progress, improvement and continuous development of all aspects, as evidenced by the positive business results since 2017.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

14,482

106

Total Capital

2,539

22

Shareholders Equity

2,362

20

Capital Adequacy Ratio

37.76%

Return on Total Assets

0.29%

Return on Equity

1.38%

Number of Employees Organizational Structure

212 Head Office, 1 Regional Center, 4 Bank Branches, 13 Branch Offices, 3 Cash Offices

MTS BANKA A.D. BEOGRAD Bulevar Franťe d’ Eperea 88, 11000 Beograd 45

www.mtsbanka.rs Serbian Banking 2019

U 2019. godini, NLB Banka a.d. Beograd je realizovala niz važnih razvojnih projekata kojima je postavljen čvrst temelj za dalje unapređenje našeg poslovanja uvođenjem inovativnih oblika komunikacije i saradnje sa klijentima. Značajan broj korisnika naših digitalnih platformi ukazuje da je Banka uspela da tehnološkim inovacijama zadovolji njihova očekivanja. U okviru jednog od realizovanih projekata, pod sloganom „NLB Banka – tamo gde ste Vi“, klijentima smo pružili potpuno novo iskustvo u poslovanju sa bankom kroz savremena rešenja za mobilno i elektronsko bankarstvo najnovije generacije, uključujući i mogućnost elektronskog instant plaćanja – plaćanja u roku nekoliko sekundi, 24 sata dnevno, svakog dana u godini.

I prošle godine je naš prioritet bio da podržimo građane i privredu proizvodima prilagođenim njihovim potrebama. Posebno ističemo podršku poljoprivrednim gazdinstvima kroz koju smo potvrdili lidersku poziciju NLB Banke a.d. Beograd na tržištu subvencionisanih kredita za poljoprivrednike u okviru programa subvencija Ministarstva poljoprivrede, šumarstva i vodoprivrede.

Izuzetno smo ponosni na činjenicu da je kombinacija ulaganja u digitalizaciju s jedne strane i profesionalnosti i posvećenosti našeg tima s druge strane doprinela jačanju poverenja naših klijenata. Svakodnevno se trudimo da budemo tamo gde smo im najviše potrebni. Stalo nam je do ljudi u ovom regionu i trudimo se da na iskazano poverenje uzvratimo svojim doprinosom u svim zajednicama u kojima živimo i poslujemo. S tim ciljem realizovali smo veliki broj društveno odgovornih aktivnosti: ulažemo u očuvanje životne sredine, kulturu, zdravstvo, obrazovanje i dajemo podršku ranjivim kategorijama stanovništva jer želimo da aktivno učestvujemo u kreiranju i oblikovanju boljeg života i lepše budućnosti za sve ljude koji ovde žive.

Za nas, ovaj region nije samo tačka na mapi. Ovaj region je naš dom.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

72.173

614

Ukupni kapital

8.628

73

Akcijski kapital

6.248

53

Koeficijent adekvatnosti kapitala

19,5%

Prinos na aktivu

0,8%

Prinos na kapital

5,8%

Broj zaposlenih

479

Organizaciona mreža NLB BANKA A.D. BEOGRAD Bulevar Mihaila Pupina 165v, 11070 Beograd 46

Centrala, 28 filijala www.nlb.rs Srpsko bankarstvo 2019

In 2019, NLB Bank a.d. Belgrade implemented important development projects, laying a solid foundation for further improvement of its business by introducing innovative forms of communication and cooperation with the clients. A significant number of users of our digital platforms indicates that the Bank met their expectations by introducing technological innovations. As part of one of the implemented projects, under the slogan "NLB Bank - Wherever You Are", we provided the clients with a completely new experience in doing business with the Bbank through modern solutions for mobile and electronic banking of the latest generation, including the possibility of electronic instant payment - payment within a few seconds, 24 hours a day, every day of the year.

In the past year, too, our priority was to support the citizens and the economy with tailor-made products and services. We particularly emphasize the support to agribusiness, in which we confirmed the leading position of NLB Bank a.d. Belgrade on the market of subsidized loans for farmers within the program of the Ministry of Agriculture, Forestry and Water Management.

We are extremely proud of the fact that the combination of investing in digitalization, on the one hand, and the professionalism and dedication of our team, on the other hand, has contributed to strengthening the trust of our clients. We strive every day to be where our clients need us the most. We care about the people in this region and we try to give back to the society in all the communities in which we live and operate. With this goal in mind we have implemented a large number of CSR activities: we invest in environmental protection, culture, health, education and support vulnerable categories of the population because we want to actively participate in creating and shaping a better life and better future for all the people who live here.

For us, this region is not just a spot on the map. This region is our home.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

72,173

614

Total Capital

8,628

73

Shareholders Equity

6,248

53

Capital Adequacy Ratio

19.5%

Return on Total Assets

0.8%

Return on Equity

5.8%

Number of Employees

479

Organizational Structure NLB BANKA A.D. BEOGRAD Bulevar Mihaila Pupina 165v, 11070 Beograd 47

Head Office, 28 Bank Branches www.nlb.rs Serbian Banking 2019

Opportunity banka je finansijska institucija sa misijom finansijske inkluzije koja obezbeđuje finansijske proizvode, prvenstveno kredite, ljudima kojima je pristup tim proizvodima otežan, kao što su mikro i mali preduzetnici, mali mešoviti poljoprivredni proizvođači i stanovnici ruralnih sredina. Banka je članica Globalne alijanse banaka s vrednostima, rastućeg pokreta nezavisnih banaka i finansijskih institucija koje su posvećene podsticanju pozitivnih promena u finansijskom sektoru kroz održiv ekonomski i socijalni razvoj i zaštitu životne sredine.

U 2019. godini, Opportunity banka nastavila je sa rastom i uspešnim poslovanjem, balansirajući socijalne i finansijske ciljeve. Kreditni portfolio ostvario je rast od 10%, a broj kreditnih klijenata porastao je po istoj stopi. Banka je zadržala prvo mesto na tržištu po broju kreditiranih poljoprivrednih gazdinstava uz istovremeni snažan rast u segmentu preduzetnika. Depoziti klijenata takođe su ostvarili značajan rast i dostigli nivo od 10,1 milijardi RSD na kraju godine.

Zahvaljujući profitabilnom poslovanju, Banka je dodatno ojačala svoju kapitalnu poziciju, stvorivši preduslove za dalji rast i razvoj.

Krajem 2019. godine organizovali smo zajedničku akciju ozelenjavanja sa novosadskim udruženjem „Fruškać“ i na mestu nekadašnje deponije u fruškogorskom selu Erdevik, pedesetak volontera Opportunity banke i „Fruškaća“ posadilo je drveće i medonosne biljke i tako stvorilo „Šumicu za pčele”.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

18.267

155

Ukupni kapital

3.604

31

Akcijski kapital

1.858

16

Koeficijent adekvatnosti kapitala

26,60%

Prinos na aktivu

16,03%

Prinos na kapital

3,14%

Broj zaposlenih

425

Organizaciona mreža ОPPORTUNITY BANKA A.D. NOVI SAD Bulevar Oslobođenja 2а, 21000 Novi Sad 48

Centrala, 4 filijale, 26 poslovnih jedinica www.obs.rs Srpsko bankarstvo 2019

Opportunity Bank is a financial institution with the mission of financial inclusion, which provides financial services, primarily loans, to the people with difficult access to those services, e.g. micro and small entrepreneurs, small agricultural producers and rural population. Opportunity Bank is member of the Global Alliance for Banking on Values, a growing movement of independent banks and financial institutions committed to advancing positive change in the financial sector through sustainable economic, social and environmental development.

In 2019, Opportunity Bank has continued to grow and has kept its successful operations by balancing social and financial goals. The Bank’s loan portfolio grew by 10%, same as the number of loan clients.

Opportunity Bank kept its leading position when it comes to the number of agricultural households which are active loan clients, while at the same time continuing to grow strongly in the segment of entrepreneurs and small businesses. The clients’ deposits have grown significantly as well, having reached RSD 10.1 billion at the end of the year.

Thanks to the profitable year, the Bank has additionally strengthened its capital position, thereby creating the preconditions for further growth and development.

In November 2019 the Bank organized a volunteer activity with the Association “Fruškać” from Novi Sad, on which occasion trees were planted at what used to be a wild landfill in the village of Erdevik close to the National Park Fruška Gora. About 50 volunteers of Opportunity Bank and “Fruškać” created a Bee Forrest by planting both trees and honey plants.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

18,267

155

Total Capital

3,604

31

Shareholders Equity

1,858

16

Capital Adequacy Ratio

26.60%

Return on Total Assets

16.03%

Return on Equity Number of Employees Organizational Structure ОPPORTUNITY BANKA A.D. NOVI SAD Bulevar Oslobođenja 2а, 21000 Novi Sad 49

3.14% 425 Head Office, 4 Bank Branches, 26 Branch Offices www.obs.rs Serbian Banking 2019

Nakon 42 godine poslovanja u Srbiji, od septembra 2019. godine banka je nastavila da posluje sa istim vrednostima, pod novim bojama i imenom, kao OTP banka Srbija, uključujući i OTP Osiguranje i OTP Leasing Srbija.

Sa punom posvećenošću svih 1.327 zaposlenih, OTP banka pruža vrhunsku ekspertizu i inovativne proizvode i usluge svojim klijentima, fizičkim i pravnim licima – velikim privatnim i državnim preduzećima, domaćim i multinacionalnim kompanijama, finansijskim institucijama, kao i sektoru malih i srednjih preduzeća, mikrobiznisu i preduzetnicima.

Banka je proteklih nekoliko godina strateški posvećena razvijanju kulture inovacija, kako bi klijentima olakšala svakodnevicu. Ostavši na toj liniji, tokom 2019. godine lansirala je opciju mCard – plaćanje mobilnim telefonom, P2P slanje novca i unapredila onlajn ekspozituru, pa je tako sada klijentima dovoljan mobilni telefon za realizaciju različitih usluga i proizvoda banke.

Sa istim ciljem, još od 2017. godine banka podstiče i pomaže inovacije i digitalizaciju u domaćem preduzetništvu kroz projekat Generator. Ove godine će biti organizovano četvrto izdanje, dok je zimus organizovana inicijativa Generator dobrih dela, kada je banka podržala proizvođače koji stvaraju u okviru socijalnog preduzetništva.

U toku je integracija sa Vojvođanskom bankom, čiji se završetak očekuje sredinom 2021. godine. Ovo spajanje će rezultirati stvaranjem jedne od vodećih banaka na tržištu Srbije, po veličini, broju ekspozitura, kredita i depozita. Do tada će banke poslovati kao zasebna pravna lica, a klijentima obe banke je na raspolaganju preko 300 bankomata na teritoriji Srbije, za podizanje gotovine bez naknade.

Rast, razvoj, posvećenost klijentima i unapređenje proizvoda i usluga ostaju prioritet banke, uz snažnu podršku OTP Grupe.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

335.566

2.854

Ukupni kapital

49.946

425

Akcijski kapital Koeficijent adekvatnosti kapitala

23.724

202 20,55%

Prinos na aktivu

1,51%

Prinos na kapital

10,43%

Broj zaposlenih

1.327

Organizaciona mreža OTP BANKA SRBIJA A.D. BEOGRAD Bulevar Zorana Đinđića 50 a/b, 11000 Beograd 50

Centrala, 94 ekspoziture www.otpsrbija.rs Srpsko bankarstvo 2019

After 42 years of its business activities in Serbia, since September 2019, the Bank has continued to operate with the same values, but with new colours and under a new name, as OTP banka Srbija, including OTP Insurance and OTP Leasing Srbija.

With the full commitment of its 1,327 employees, OTP banka provides first-rate expertise and innovative products and services to its customers, natural persons and legal entities - large private and state companies, national and multinational companies, financial institutions, small and medium enterprises, microenterprises and entrepreneurs.

For the past few years, the Bank has been strategically committed to developing a culture of innovation, in order to make everyday life easier for its customers. Following that path, in 2019 it launched the mCard option - payment by mobile phone, P2P money transfer, and improved its online branch, so that now the customers only need their mobile phone to access the Bank’s various services and products.

With the same objective, since 2017 the Bank has been encouraging and facilitating innovations and digitalization in domestic entrepreneurship through the Generator project. The fourth edition will be organized this year, while the Good Deed Generator initiative was organized past winter, when the Bank supported manufacturers who produce within the framework of social entrepreneurship.

The integration with Vojvođanska banka is currently underway, expected to be completed in mid2021. This merger will result in the creation of one of the leading banks in the Serbian market by size, number of branches, loans, and deposits. Until then, the banks will operate as separate legal entities, and the clients of both banks have at their disposal over 300 ATMs on the territory of Serbia, for withdrawing cash free of charge.

Growth and development, dedication to customers and product and service improvements remain the Bank's priorities, with the strong support from the OTP Group.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

335,566

2,854

Total Capital

49,946

425

Shareholders Equity Capital Adequacy Ratio

23,724

202 20.55%

Return on Total Assets

1.51%

Return on Equity

10.43%

Number of Employees Organizational Structure OTP BANKA SRBIJA A.D. BEOGRAD Bulevar Zorana Đinđića 50 a/b, 11000 Beograd 51

1,327 Head Office, 94 Branch Offices www.otpsrbija.rs Serbian Banking 2019

ProCredit banka je jedina nemačka banka u Srbiji, koja pruža kompletnu uslugu visokog kvaliteta malim i srednjim preduzećima, poljoprivrednicima i građanima. Banka je deo ProCredit grupe, a akcionar je ProCredit Holding sa sedištem u Frankfurtu.

U poslovanju sa privredom, ProCredit banka je usmerena na razvoj malih i srednjih preduzeća, kao sektora koji najznačajnije doprinosi otvaranju novih radnih mesta i ukupnom ekonomskom razvoju naše zemlje. Banka neguje koncept klijenta, a ne proizvoda, kao ideju vodilju, čime preduzećima pruža maksimalnu podršku u razvoju.

Pored konstantnog unapređenja usluga, Banka poseban fokus stavlja na promociju elektronskog bankarstva, čime je postignuto da nivo transakcija koje se obavaljaju digitalnim putem dostigne gotovo 100%. Kroz moderan koncept usluge za fizička lica baziran na digitalnoj platformi - ProCredit direct, Banka je klijentima omogućila da sa jednim paket računom imaju potpunu kontrolu nad finansijama, maksimalnu fleksibilnost štednje kao i dodatni komfor direktnog bankarstva. Prva je na bankarskom tržištu u Srbiji omogućila korišćenje najmodernije usluge - Zona 24/7, gde se sve transakcije mogu obaviti bez odlaska na šalter.

ProCredit banka je godinama posvećena zaštiti životne sredine i promociji investicija za unapređenje energetske efikasnosti. Zahvaljujući brojnim inovacijama, značajno je smanjena potrošnja električne i toplotne energije, a Banka je postala prva domaća kompanija koja kupuje „zelenu“ električnu energiju sa garancijom porekla od EPS-a, dok polovinu voznog parka čine električni i hibridni automobili.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

127.545

1.085

Ukupni kapital

16.555

141

Akcijski kapital

6.440

55

Koeficijent adekvatnosti kapitala

17,9%

Prinos na aktivu

0,6%

Prinos na kapital

4,4%

Broj zaposlenih

383

Organizaciona mreža PROCREDIT BANK A.D. BEOGRAD Milutina Milankovića 17, 11070 Beograd 52

Centrala, 17 poslovnica, 8 ekspozitura www.procreditbank. rs Srpsko bankarstvo 2019

ProCredit Bank is the only German bank operating in Serbia, offering a complete range of premium quality services to SMEs, agricultural producers and private clients. The Bank belongs to the ProCredit Group, and its shareholder is ProCredit Holding, seated in Frankfurt.

In the corporate segment, ProCredit is focused on the development of SMEs, as the sector which contributes most to creating new job opportunities and simultaneously to the overall economic development of Serbia. The Bank focuses on the client, not the product, as the guiding principle of its operations, providing enterprises with maximum support as they further develop their processes.

In addition to constantly enhancing its services, the Bank is particularly focused on promoting e-banking services with nearly 100% of all transactions being executed digitally. Through the modern concept of services for retail clients based on a digital platform - ProCredit direct, the Bank has enabled its clients to have full control over their finances, maximum flexibility of savings and additional comfort of direct banking with only one total account. The Bank is a pioneer in the market in enabling access to modern, self-service banking at its 24/7 Zones where clients may perform all transactions without having to visit the front desk.

ProCredit Bank has been dedicated to environmental protection and promotion of energy efficiency loans. Thanks to a number of innovations, electric and thermal energy consumption has decreased significantly. Moreover, half of the Bank’s fleet of vehicles comprises of electrical and hybrid cars and the Bank has become the first domestic company to purchase “green” electricity with a Guarantee of Origin issued by EPS. 31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

127,545

1,085

Total Capital

16,555

141

Shareholders Equity

6,440

55

Capital Adequacy Ratio

17.9%

Return on Total Assets

0.6%

Return on Equity

4.4%

Number of Employees

383

Organizational Structure PROCREDIT BANK A.D. BEOGRAD Milutina Milankovića 17, 11070 Beograd 53

Head Office, 17 Service Points, 8 Branch Offices www.procreditbank. rs Serbian Banking 2019

Za Raiffeisen banku je 2019. godina bila još jedna uspešna poslovna godina, kako zbog dobrih poslovnih rezultata u svim segmentima, tako i zbog dostignuća na polju digitalne transformacije.

Uvedeni su redizajnirani servisi elektronskog i mobilnog bankarstva, a nastavljeno je i sa unapređenjem prvog bankarskog elektronskog asistenta na tržištu, zasnovanog na principu veštačke inteligencije.

Daljim razvojem projekta transformacije mreže filijala i uvođenja 24-časovnih samouslužnih zona sa multifunkcionalnim uređajima obuhvaćeno je preko 50% mreže.

U 2019. godini banka je donela i pravu „revoluciju“ u kreditiranju na našem tržištu, ali i šire. Uveden je prvi pravi 100% onlajn gotovinski kredit, koji se zahvaljujući savremenim propisima regulatora, odobrava bez ijednog dolaska u banku i za svega 30 minuta, i postojećim klijentima banke i onima koji to nisu.

Raiffeisen banka a.d. Beograd je prva u Raiffeisen grupaciji koja je ponudila ovako inovativno rešenje.

Potvrda uspešnosti stigla je i od jednog od vodećih svetskih finansijskih magazina, Global Finance, koji je banku nagradio titulom „Najbolje digitalne banke u Srbiji“, i to drugu godinu zaredom. Pored ovog priznanja, banka je dobila i nagradu „Najbolja banka u Srbiji“ od magazina EMEA Finance.

Pored sjajnih poslovnih ostvarenja, banka i njeni zaposleni su i u 2019. godini realizovali više društveno odgovornih akcija u cilju podrške osetljivim delovima društva, a nastavljena su i ulaganja u partnerstva u kulturi, umetnosti i sportu.

31.12.2019.

Ukupna bilansna aktiva Ukupni kapital Akcijski kapital Koeficijent adekvatnosti kapitala

U MILIONIMA RSD

U MILIONIMA EUR

318.903

2.712

57.891

492

27.466

234 21,28%

Prinos na aktivu

3,08%

Prinos na kapital

22,26%

Broj zaposlenih

1.595

Organizaciona mreža

7 regiona, 4 regionalne filijale, 7 lokalnih filijala, 41 filijala, 30 ekspozitura, 4 šaltera

RAIFFEISEN BANKA A.D. BEOGRAD Đorđa Stanojevića 16, 11070 Novi Beograd 54

www.raiffeisenbank.rs Srpsko bankarstvo 2019

For Raiffeisen Bank, 2019 was another successful business year, both in terms of the good business results in all segments, and the achievements in the field of digital transformation.

Redesigned electronic and mobile banking services were introduced, and further upgrading of the first AIbased electronic banking assistant in the Serbian market was continued.

The ongoing development of the branch transformation project and the introduction of 24-hour self-service zones with multifunctional devices covered over 50% of the Bank’s branch network.

In 2019, the Bank brought about a true “revolution“ in the loan market in Serbia and beyond. The first fully online cash loan was introduced, which, thanks to the up-to-date regulations implemented by the regulator, can be approved within 30 minutes, without the existing and potential clients having to visit a branch office. Raiffeisen Bank a.d. Belgrade has been the first in the Raiffeisen Group network to offer such an innovative solution.

The confirmation of success also came from one of the world’s leading financial magazines, Global Finance, which awarded the title “Best Digital Bank in Serbia“ to Raiffeisen Bank for the second year in a row. Furthermore, the Bank also received the title “Best Bank in Serbia“ from EMEA Finance magazine.

In addition to the fantastic business achievements, the Bank and its employees realized several socially responsible projects in the course of 2019 with the aim of supporting the vulnerable segments of the society, while the Bank also continued investing into partnerships in the field of art, culture and sports.

31.12.2019 Total Balance Sheet Assets Total Capital Shareholders Equity Capital Adequacy Ratio

IN RSD MILLION

IN EUR MILLION

318,903

2,712

57,891

492

27,466

234 21.28%

Return on Total Assets

3.08%

Return on Equity

22.26%

Number of Employees Organizational Structure RAIFFEISEN BANKA A.D. BEOGRAD Đorđa Stanojevića 16, 11070 Novi Beograd 55

1,595 7 Regions, 4 Regional Branches, 7 Local Branches, 41 Branches, 30 Branch Offices, 4 Outlets www.raiffeisenbank.rs Serbian Banking 2019

Uprkos izazovu primene Zakona o konverziji stambenih kredita indeksiranih u švajcarskim francima, Sberbank Srbija prethodnu godinu završila je s ostvarenim značajnim uspesima.

Ukupni rezultati pokazuju stabilan razvoj, posebno u segmentu depozita klijenata koji beleže rast od 45 odsto. Istovremeno, NPL koeficijent je smanjen za 36 odsto i na kraju 2019. godine iznosi 5,5 odsto.

Ostvaren je rast depozita za 23 odsto u delu poslovanja sa stanovništvom. Na kraju 2019. godine kreditni portfolio Sberbanke zabeležio je rast od 11,6 odsto u odnosu na kraj 2018. godine. Fokus je takođe bio na kreiranju inovativnih digitalnih usluga i proizvoda što je rezultiralo rastom broja korisnika digitalnog bankarstva od 50 odsto. Treba istaći i Smart keš kredit, potpuno digitalni kreditni proizvod čije su prednosti klijenti prepoznali, što je dovelo do toga da čak 23 odsto od ukupnog broja keš kredita tokom 2019. godine bude prodato ovim putem.

U domenu spoljnotrgovinske razmene, Sberbank je učestvovala sa 19,6 odsto u uvozu i 27,2 odsto u izvozu. U sektoru za rad s malim i srednjim preduzećima zabeležen je rast od 15 odsto na kreditnom portfoliju, rast dokumentarnog poslovanja od 16 odsto i povećanje depozitne baze od 19 odsto u poređenju sa prethodnom godinom. Dodatno, ostvaren je značajan napredak u faktoring poslovanju.

Sberbank je drugu godinu za redom podržala NIN-ovu nagradu, kao i organizaciju „Vrednosti života“ koja se brine o deci bez roditeljskog staranja. Osim toga, doprineli smo čistijem priobalju Beograda i boljem izgledu ordinacije u okviru Univerzitetske klinike „Tiršova“.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

157.360

1.338

Ukupni kapital

25.304

215

Akcijski kapital Koeficijent adekvatnosti kapitala

14.821

126 25,29%

Prinos na aktivu

0,14%

Prinos na kapital

0,79%

Broj zaposlenih

734

Organizaciona mreža SBERBANK SRBIJA A.D. BEOGRAD Bulevar Mihajla Pupina 165g, 11070 Novi Beograd 56

Centrala, 3 regionalna centra, 33 ekspoziture www.sberbank.rs Srpsko bankarstvo 2019

Despite the challenge of implementing the Law on the Conversion of Housing Loans Indexed in Swiss Francs, Sberbank Serbia ended the previous year with significant successes.

The overall results show a stable development, especially in the segment of customer deposits, which recorded a growth by 45 percent. At the same time, the NPL ratio decreased by 36 percent and at the end of 2019 amounted to 5.5 percent. Deposits grew by 23% in the retail business. At the end of 2019, the loan portfolio of Sberbank recorded an increase by 11.6 percent compared to the end of 2018. The focus was also on creating innovative digital services and products, which resulted in a 50 percent increase in the number of digital banking users. We should also point out Smart Cash Loan, a fully digital loan product whose benefits have been recognized by customers, which has led to as much as 23 percent of the total number of cash loans in 2019 being sold in this way.

In the field of foreign trade, Sberbank participated with 19.6 percent in imports and 27.2 percent in exports. In the segment of SMEs banking, the Bank’s loan portfolio recorded a growth by 15 percent, trade finance increased by 16 percent and the deposit base by 19 percent compared to the previous year.

Moreover, significant progress has been made in the factoring business.

For the second year in a row, Sberbank supported NIN award, as well as the organization "Values ​​ of Life", which supports children without parental care. On top of that, we contributed to the cleaner coastal area of Belgrade and to the better appearance of an examination room within the "Tiršova" University Clinic.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

157,360

1,338

Total Capital

25,304

215

Shareholders Equity Capital Adequacy Ratio

14,821

126 25.29%

Return on Total Assets

0.14%

Return on Equity

0.79%

Number of Employees Organizational Structure SBERBANK SRBIJA A.D. BEOGRAD Bulevar Mihajla Pupina 165g, 11070 Novi Beograd 57

734 Head Office, 3 Regional Centrеs, 33 Branch Offices www.sberbank.rs Serbian Banking 2019

Srpska banka a.d. Beograd jedna je od retkih domaćih banaka, sa očuvanim većinskim vlasništvom Republike Srbije, koja ima kontinuitet i dugogodišnje iskustvo u bankarskom poslovanju. Osnovana kao Vojni servis u sastavu Narodne banke Jugoslavije, kratko vreme poslovala je pod nazivom YU garant banka a.d. Beograd, a od septembra 2003. godine posluje pod imenom Srpska banka a.d. Beograd. Od osnivanja, Banka je u većinskom državnom vlasništvu i svoje poslovanje zasniva na visokim profesionalnim standardima i efikasnosti u pružanju svih vrsta bankarskih usluga.

Ostvarena dobit u 2019. godini, u iznosu od 46,6 miliona dinara pokazuje da je Srpska banka a.d. Beograd uspela da odgovori na sve izazove, kako regulatornih tela, tako i poslovnog okruženja. Poslujući u zahtevnom tržišnom okruženju, u uslovima jake konkurencije, Banka je uspela da na zahteve klijenata odgovori brzo i efikasno, kroz stalno prilagođavanje proizvoda i usluga njihovim potrebama. Očekivanja su da će Banka u 2020. godini ostvariti bolje poslovne rezultate, s obzirom na to da više ne postoje ograničenja za uspostavljanje poslovnih odnosa sa klijentima u delu poslova koji se odnose na prikupljanje depozita, otvaranje i vođenje platnih i drugih računa, poslove platnog prometa, dokumentarne poslove, odnosno poslove kojima se uvećava depozitni potencijal Banke.

Banka odobrava kredite prvenstveno klijentima iz grupacije namenske industrije Srbije, kao i drugim privrednim društvima koja samostalno, ili kao kooperanti, učestvuju u realizaciji specifičnih proizvodnih, razvojnih i spoljnotrgovinskih poslova, kao i privrednim društvima iz javnog sektora. Zbog vlasničke strukture i specifičnosti poslova svojih tradicionalnih klijenata, Banka ima čvrstu, dugoročnu poslovnu saradnju sa klijentima i razvijenu mrežu korespondentskih odnosa sa velikim brojem banaka širom sveta.

Prioriteti Srpske banke a.d. Beograd i u narednom periodu ostaju nepromenjeni, uz dalje jačanje kapitalne osnove i očuvanje dugoročne, čvrste i obostrano korisne poslovne saradnje Banke i njenih klijenata.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

13.744

117

Ukupni kapital

3.594

30

Akcijski kapital Koeficijent adekvatnosti kapitala

2.847

24 43,76%

Prinos na aktivu

0,34%

Prinos na kapital

1,30%

Broj zaposlenih

70

Organizaciona mreža SRPSKA BANKA A.D. BEOGRAD Savska 25, 11000 Beograd 58

Centrala, 1 ekspozitura www.srpskabanka.rs Srpsko bankarstvo 2019

Srpska banka a.d. Belgrade is one of the few domestic banks with preserved majority ownership of the Republic of Serbia, which has the continuity and many years of experience in banking. Established as a Military Service within the National Bank of Yugoslavia, for a short time it operated under the name of YU Garant bank a.d. Belgrade, whereas since September 2003 it has been operating under the name of Srpska banka a.d. Belgrade. Since its establishment, the Bank is majority state-owned and its operations are based on high professional standards and efficiency in providing all kinds of banking services.

The realized profit amounting to 46.6 million dinars in 2019 serves as an indication that the Bank succeeded in responding to the challenges both by regulatory bodies and the business environment. In a demanding market environment, against the tough competition, the Bank has managed to respond quickly and efficiently to the clients’ requirements, constantly adjusting its products and services to their needs. The Bank is expected to achieve better business results in 2020 since there are no longer any restrictions on establishing business relations with the clients in the segments related to collection of deposits, opening and maintaining payment and other accounts, payment operations, documentary operations, i.e. operations that increase the Bank’s deposit potential.

The Bank approves loans primarily to the clients related to the Serbian defense industry, along with other companies that are independently, or as co-operators, involved in the specific production, development and foreign trade transactions, as well as the companies in the public sector. Due to the ownership structure and specific operations of its traditional clients, the Bank has developed a strong, long-term business relationship with them and the network of correspondent relations with a number of banks around the world.

The priorities of Srpska banka a.d. Belgrade in the forthcoming period remain unchanged, including the further strengthening of the capital base and preservation of long-term, solid and mutually beneficial business cooperation between the Bank and its clients.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

13,744

117

Total Capital

3,594

30

Shareholders Equity Capital Adequacy Ratio

2,847

24 43.76%

Return on Total Assets

0.34%

Return on Equity

1.30%

Number of Employees Organizational Structure SRPSKA BANKA A.D. BEOGRAD Savska 25, 11000 Beograd 59

70 Head Office, 1 Branch Office www.srpskabanka.rs Serbian Banking 2019

UniCredit Banka je jedna od vodećih banaka u Srbiji i članica UniCredita, uspešne panevropske bankarske grupe. Na temelju naše pozicije u Srbiji, obezbeđujemo savremene proizvode i usluge 24/7, onlajn, na mobilnim platformama i putem mreže naših ekspozitura. UniCredit je poslovna banka sa potpuno integrisanim korporativnim i investicionim bankarstvom, koja svojoj rasprostranjenoj bazi klijenata pruža jedinstvenu mrežu u zapadnoj, centralnoj i istočnoj Evropi.

Zadovoljavamo stvarne potrebe klijenata pružajući im rešenja koja koriste sinergiju među našim poslovnim odeljenjima: Korporativno i investiciono bankarstvo, Komercijalno bankarstvo i Upravljanje imovinom. Način na koji se ova rešenja razvijaju i nude klijentima jednako je važan kao i sama rešenja, stoga se sve što radimo temelji na dve ključne vrednosti: etici i poštovanju. Fokusirajući se na to da budemo banka za sve što je klijentima važno, obezbeđujemo lokalnu i međunarodnu stručnost i istovremeno osiguravamo pristup vodećim proizvodima i uslugama na 13 ključnih tržišta putem svoje evropske bankarske mreže.

UniCredit Banka od 2001. godine, od kada je prisutna na ovom tržištu, kao univerzalna banka, gradi svoj identitet na način koji će svim interesnim stranama doneti višestruke prednosti. Banka je jedinstvena po tome što doprinosi ekonomskoj, socijalnoj i kulturnoj dobrobiti zajednica u kojima posluje. U 2019. godini UniCredit Banku su dva renomirana međunarodna časopisa, Euromoney i The Banker, proglasili za najbolju banku u Srbiji.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

441.577

3.755

Ukupni kapital

85.847

730

Akcijski kapital Koeficijent adekvatnosti kapitala

24.170

206 23,84%

Prinos na aktivu

2,04%

Prinos na kapital

10,94%

Broj zaposlenih

1.312

Organizaciona mreža UNICREDIT BANKA SRBIJA A.D. BEOGRAD Rajićeva 27-29, 11000 Beograd 60

2 centrale, 72 ekspoziture, 1 šalter www.unicreditbank.rs Srpsko bankarstvo 2019

UniCredit Bank is one of the leading banks in Serbia and a member of UniCredit, a successful pan- European banking group. Based on our position in Serbia, we offer modern products and services 24/7, online, products on mobile platforms and via our branch network. UniCredit is a commercial bank with a fully integrated corporate and investment banking, providing a unique network in western, central and eastern Europe to its extensive client base.

We meet the real needs of our clients by offering them the solutions which harness the synergy between our business departments: Corporate and Investment Banking, Commercial Banking and Wealth Management. The way in which these solutions are developed and provided is as important as the solutions themselves, which is why everything we do is based on our two core values: ethics and respect. By focusing on banking that matters, we offer local and international expertise, at the same time enabling access to the market leading products and services in 13 core markets through our European banking network.

Since 2001, when UniCredit Bank entered this market, it has been building its identity as a universal bank, in a way which brings multiple values added to all the stakeholders. UniCredit Bank is making a difference by contributing to the economic, social and cultural well-being of the communities it serves. In 2019, UniCredit Bank was proclaimed the best bank in Serbia by two renowned international magazines, Euromoney and The Banker.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

441,577

3,755

Total Capital

85,847

730

Shareholders Equity Capital Adequacy Ratio

24,170

206 23.84%

Return on Total Assets

2.04%

Return on Equity

10.94%

Number of Employees Organizational Structure UNICREDIT BANKA SRBIJA A.D. BEOGRAD Rajićeva 27-29, 11000 Beograd 61

1,312 2 Head Offices, 72 Branch Offices, 1 Cash Office www.unicreditbank.rs Serbian Banking 2019

Spoj tradicije duge preko 150 godina i savremenog inovativnog poslovanja uz razvijenu poslovnu mrežu filijala i biznis centara širom Srbije omogućili su Vojvođanskoj banci status sistemski značajne banke i titulu jedne od najvažnijih finansijskih institucija u našoj zemlji. Sigurnost koja se ogleda kroz visoku kapitalizovanost i likvidnost omogućavaju joj da izađe u susret svim zahtevima i potrebama klijenata, kako u domenu stanovništva, tako i u oblasti privrede.

Aprila 2019. godine Vojvođanska banka a.d. Novi Sad i nekadašnja OTP banka Srbija a.d. Novi Sad, članice regionalne bankarske grupacije OTP Grupe, uspešno su okončale jedan od najkompleksnijih procesa integracije i nastavile da posluju kao jedna banka pod nazivom Vojvođanska banka a.d. Novi Sad. Započeti put integracija nastavio se na jesen iste godine novom akvizicijom OTP Grupe u Srbiji čime se pozicija grupacije dodatno ojačala na bankarskom tržištu. U 2019. godini, uprkos zahtevnim procesima akvizicije, ostvaren je vanredno dobar rezultat, najbolji za poslednjih 10 godina, uz najveću zabeleženu profitabilnost iz redovnog poslovanja.

Od početka krize izazvane pandemijom virusa, Vojvođanska banka pokazala je svoju opredeljenost i posvećenost misiji da kroz društveno odgovorne aktivnosti podrži društvo u kome posluje i time potvrdila poziciju CSR lidera. Kao zvanična banka Olimpijskog komiteta Srbije već dve decenije unazad doprinosi unapređenju uslova za naše najbolje sportiste i nastavlja da ih podržava na njihovom putu za naredne Olimpijske igre u Tokiju.

31.12.2019.

U MILIONIMA RSD

U MILIONIMA EUR

Ukupna bilansna aktiva

215.049

1.829

Ukupni kapital

31.842

271

Akcijski kapital Koeficijent adekvatnosti kapitala

34.171

291 20,88%

Prinos na aktivu

2,83%

Prinos na kapital

18,81%

Broj zaposlenih

1.957

Organizaciona mreža VOJVOĐANSKA BANKA A.D. NOVI SAD Trg Slobode 7, 21000 Novi Sad 62

Centrala, 138 filijala i 5 centara za poslove sa privredom www.voban.rs Srpsko bankarstvo 2019

The combination of over 150 years of tradition and modern innovative operations, along with the developed branch network and business centers throughout Serbia, have provided Vojvođanska banka the status of a systemically important bank and the title of one of the most important financial institutions in Serbia. The security reflected in high capitalization and liquidity enables the Bank to meet all demands and needs of its clients, both in the retail and corporate domain.

In April 2019, Vojvođanska banka a.d. Novi Sad and the former OTP banka Srbija a.d. Novi Sad, members of the regional banking group OTP Group, successfully completed one of the most complex integration processes and continued to operate as a single bank under the name Vojvođanska banka a.d. Novi Sad. The path of integration continued in the autumn of the same year with a new acquisition of OTP Group in Serbia, further strengthening the position of the Group in the banking market. In 2019, despite the demanding acquisition processes, an extraordinarily good result was achieved, the best for the past 10 years with the highest recorded profitability from regular operations.

Since the beginning of the crisis caused by the virus pandemic, Vojvođanska banka has shown its commitment and dedication to the mission of supporting the society in which it operates through socially responsible activities, and thus confirmed the position of a CSR leader. As the official bank of the Olympic Committee of Serbia, it has been contributing to the enhancement of conditions for our best athletes for two decades now and continues to support them on their way to the upcoming Tokyo Olympic Games.

31.12.2019

IN RSD MILLION

IN EUR MILLION

Total Balance Sheet Assets

215,049

1,829

Total Capital

31,842

271

Shareholders Equity Capital Adequacy Ratio

34,171

291 20.88%

Return on Total Assets

2.83%

Return on Equity

18.81%

Number of Employees Organizational Structure VOJVOĐANSKA BANKA A.D. NOVI SAD Trg Slobode 7, 21000 Novi Sad 63

1,957 Head Office, 138 Bank Branches and 5 Corporate Banking Centers www.voban.rs Serbian Banking 2019

SECURITIES COMMISSION REPUBLIC OF SERBIA

U toku 2019. godine, na predlog radne grupe koju je oformilo Ministarstvo finansija, doneti su novi zakoni o investicionim fondovima, dok je 2020. godine Komisija za hartije od vrednosti donela set podzakonskih propisa za njihovu primenu, čime je zaokružen rad na novoj regulativi. Materija investicionih fondova je shodno evropskim propisima razdvojena u dva zakona. Zakon o otvorenim investicionim fondovima sa javnom ponudom uređuje otvorene investicione fondove sa javnom ponudom (UCITS fondove) koji ulažu imovinu prikupljenu javnom ponudom u prenosive hartije od vrednosti i drugu likvidnu finansijsku imovinu i društva za upravljanje ovim fondovima. Druge vrste investicionih fondova i njihova društva za upravljanje regulisani su Zakonom o alternativnim investicionim fondovima.

Zakon o otvorenim investicionim fondovima sa javnom ponudom je usmeren pre svega na male investitore koji ne ispunjavaju uslove za profesionalnog klijenta u smislu zakona koji uređuje tržište kapitala, dok je Zakon o alternativnim investicionim fondovima namenjen profesionalnim i poluprofesionalnim investitorima i omogućava pristup dodatnim, alternativnim izvorima finansiranja za mikro, mala i srednja privredna društva. Posredstvom fondova preduzetničkog kapitala koji ulažu u novoosnovane privredne subjekte sa potencijalom za rast i fondova privatnog kapitala koji ulažu u privredne subjekte u cilju optimizacije njihove poslovne i finansijske uspešnosti omogućena je alternativa bankarskim kreditima, odnosno i drugi povoljni vidovi finansiranja poslovanja privrednih društava. Na ovaj način podstiče se razvoj mikro, malih i srednjih privrednih društava.

Nova regulativa nastoji da približi naše tržište kapitala tržištu kapitala EU, daje veću sigurnost investitorima i čini domaće tržište prepoznatljivijim i atraktivnijim za ulaganje investitora iz zemlje i inostranstva. Stepen zaštite investitora približen je onom koji investitori imaju u EU, što doprinosi većem poverenju i sigurnosti ulaganja. Novim regulatornim okvirom podstiče se dalji razvoj privatnog i javnog sektora u našoj zemlji, daje mogućnost korišćenja novih vidova finansiranja i vrši dodatno usaglašavanje sa propisima EU. Očekuje se da nova zakonska rešenja privuku veći broj učesnika na tržištu i intenzivnije trgovanje koje će doprineti celokupnom razvoju i unapređenju tržišta kapitala.

KOMISIJA ZA HARTIJE OD VREDNOSTI REPUBLIKE SRBIJE Omladinskih brigada 1, 11070 Novi Beograd 64

www. sec.gov.rs Srpsko bankarstvo 2019

In the course of 2019, at the proposal of the task force formed by the Ministry of Finance, new pieces of legislation were adopted governing the area of investment funds, while in 2020 the Securities Commission adopted a set of implementing bylaws, thus completing the regulation of this area. In line with the European acquis, the matter of investment funds was addressed in two separate acts. The Law on Open-End Investment Funds subject to Public Offering governs UCITS, the objective of which is the collective investment of capital raised through public offering into transferable securities or in other liquid financial assets and their management companies. Other types of investment funds and their managers are governed by the Law on Alternative Investment Funds.

The Law on Open-End Investment Funds subject to Public Offering is primarily directed to retail investors who do not meet the professional client requirements from the Capital Market Law, while the Law on Alternative Investment Funds is aimed at professional and semi-professional investors providing access to additional, alternative sources of finance to micro, small and medium enterprises. The assets of venture capital alternative investment funds are invested primarily in start-up or early-stage companies identified as having potential for growth and expansion, while the assets of private equity funds are invested in companies with the aim of optimising their operational and financial performance. These funds provide an alternative to bank loans and offer more affordable means to companies to raise funding, thus providing an incentive to the development of micro, small and medium enterprises.

The new legislation aims to bring the Serbian capital market closer to the EU capital market. It provides greater legal security to investors and makes the Serbian capital market more recognizable and inviting to foreign and local investors. The level of investor protection was raised to the level investors enjoy in the EU, contributing to greater trust and confidence and safety of investments. The new regulatory framework encourages further development of the private and public sectors in the Republic of Serbia and provides new options for financing. It brings additional harmonization with the EU acquis.

It is expected that the new regulatory provisions would attract more market participants and give rise to more frequent trading, which are instrumental in the overall development and improvement of the capital market.

SECURITIES COMMISSION OF THE REPUBLIC OF SERBIA Omladinskih brigada 1, 11070 Novi Beograd 65

www. sec.gov.rs Serbian Banking 2019

Na Beogradskoj berzi je tokom 2019. godine ostvaren ukupan promet u vrednosti od 91,92 milijarde RSD, odnosno preko 780 miliona EUR, što izraženo u dinarima predstavlja rast prometa od 45,47% u odnosu na 2018. godinu. Ostvareni promet je na najvišem nivou još od 2008. godine.

Promet akcijama dostigao je 40,7 milijardi RSD, odnosno oko 346,2 miliona EUR. Učešće akcija u strukturi ukupnog prometa iznosi 44,3%, što u odnosu na učešće od 12,4% zabeleženo u prethodnoj godini, predstavlja značajno povećanje. Intenzivnije trgovanje akcijama zabeleženo je u drugom i poslednjem kvartalu 2019. godine, i to pre svega zahvaljujući blok trgovanju akcijama Komercijalne banke koje je realizovano u junu i novembru 2019. godine.

Analiza trgovanja akcijama u ovoj godini, a upravo kao potvrda izostanka raznovrsnosti investicionih alternativa na domaćem tržištu, ukazuje na visoku koncentraciju tržišta i činjenicu da je više od 2/3 godišnjeg prometa (71,03%) ostvareno u trgovanju pet najtrgovanijih akcija u 2019. godini, a da je više od polovine (56,18%) prometa, kada izuzmemo blok trgovanje, ostvareno u trgovanju tri najtrgovanije akcije.

Promet obveznicama u 2019. godini dostigao je vrednost od 51,18 milijardi dinara (434 miliona EUR), što čini 55,68% ukupnog prometa na Berzi. Kada je reč o učešću u godišnjem prometu, dominacija učešća obveznica Republike Srbije u ukupnom prometu je značajno ublažena u 2019. godini. Iako ovi finansijski instrumenti četvrtu godinu za redom drže primat po učešću u vrednosti prometa, njihovo procentualno učešće se u odnosu na prethodnu godinu, kada je iznosilo 87,62%, smanjilo za više od 30%.

Ukupno učešće dužničkih hartija u godišnjem trgovanju iznosilo je 55,68%, što je pad učešća od gotovo 32 procentna poena koje su ove hartije zabeležile tokom 2018. godine.

BEOGRADSKA BERZA Omladinskih brigada 1, 11070 Novi Beograd 66

www.belex.rs Srpsko bankarstvo 2019

In 2019 the trading turnover on the Belgrade Stock Exchange was up by 45.47% compared to the previous year, having reached RSD 91.92 billion i.e. over EUR 780 million. This is the highest annual turnover recorded since 2008.

The shares turnover rose in the course of the year to RSD 40.7 billion i.e. around EUR 346.2 million.

The share of equity turnover in the structure of total turnover amounted to 44.3%, which is a significant increase compared to the share of 12.4% recorded in the previous year. A more intense trading activity in shares was recorded in the second and last quarter of 2019, primarily owing to the block trading in shares of Komercijalna banka, in June and November 2019.

If we analyze the shares turnover data more closely, we can see that the market is highly saturated due to the lack of diverse investment alternatives on the domestic market. The five most actively traded shares in 2019 accounted for more than two-thirds of the annual turnover (71.03%), while the three most traded stocks accounted for more than half (56.18%) of the total share turnover, excluding block trades.

The bonds turnover in 2019 reached the value of RSD 51.18 billion (EUR 434 million), representing 55.68% of the total trading activity at the Belgrade Stock Exchange. When it comes to the bonds share in the total annual turnover, the dominance of the government securities in the total turnover was significantly alleviated in 2019. Although these financial instruments for the fourth year in a row hold the lead in terms of participation in the total turnover, their portion decreased by more than 30%, compared to the previous year when it amounted to 87.62%. The total share of debt securities in the annual turnover stood at 55.68%, which is a decrease by almost 32% compared to 2018.

BELGRADE STOCK EXCHANGE Omladinskih brigada 1, 11070 Novi Beograd 67

www.belex.rs Serbian Banking 2019

Bilans stanja sa stanjem na dan 31.12.2019.

POZICIJA

U hiljadama dinara

U hiljadama evra*

A

AKTIVA

A.I

Gotovina i sredstva kod centralne banke

623.950.779

5.306.029

A.II

Založena finansijska sredstva

12.926.619

109.927

A.III

Potraživanja po osnovu derivata

1.868.374

15.889

A.IV

Hartije od vrednosti

686.593.505

5.838.738

A.V

Krediti i potraživanja od banaka i drugih finansijskih organizacija

214.345.371

1.822.776

A.VI

Krediti i potraživanja od komitenata

2.386.118.433

20.291.365

A.VII

Promene fer vrednosti stavki koje su predmet zaštite od rizika

0

0

A.VIII

Potraživanja po osnovu derivata namenjenih zaštiti od rizika

152.860

1.300

A.IX

Investicije u pridružena društva i zajedničke poduhvate

334.034

2.841

A.X

Investicije u zavisna društva

19.118.781

162.585

A.XI

Nematerijalna imovina

17.744.749

150.900

A.XII

Nekretnine, postrojenja i oprema

72.089.233

613.041

A.XIII

Investicione nekretnine

13.624.031

115.858

A.XIV

Tekuća poreska sredstva

1.093.321

9.298

A.XV

Odložena poreska sredstva

3.335.599

28.366

A.XVI

Stalna sredstva namenjena prodaji i sredstva poslovanja koje se obustavlja

1.060.568

9.019

A.XVII

Ostala sredstva

29.779.625

253.244

A.XX

UKUPNO AKTIVA (pozicije pod AOP oznakama od 0001 do 0017 u bilansu stanja)

4.084.135.882

34.731.173

P

PASIVA

PO

OBAVEZE

PO.I

Obaveze po osnovu derivata

PO.II

Depoziti i ostale finansijske obaveze prema bankama, drugim finansijskim organizacijama i centralnoj banci

PO.III

Depoziti i ostale finansijske obaveze prema drugim komitentima

PO.IV

1.858.289

15.803

531.003.163

4.515.609

2.731.109.290

23.225.140

Obaveze po osnovu derivata namenjenih zaštiti od rizika

395.235

3.361

PO.V

Promene fer vrednosti stavki koje su predmet zaštite od rizika

447

4

PO.VI

Obaveze po osnovu hartija od vrednosti

3.512.691

29.872

PO.VII

Subordinirane obaveze

29.096.058

247.431

PO.VIII

Rezervisanja

13.199.449

112.247

PO.IX

Obaveze po osnovu sredstava namenjenih prodaji i sredstva poslovanja koje se obustavlja

0

0

PO.X

Tekuće poreske obaveze

1.111.680

9.454

PO.XI

Odložene poreske obaveze

1.852.886

15.757

PO.XII

Ostale obaveze

65.254.842

554.922

68

Srpsko bankarstvo 2019

Balance Sheet as of 31.12.2019 ITEM

In RSD thousand

In EUR thousand*

А

АSSETS

A.I

Cash and funds at the central bank

623,950,779

5,306,029

A.II

Pledged financial assets

12,926,619

109,927

A.III

Receivables in respect of derivatives

1,868,374

15,889

A.IV

Securities

686,593,505

5,838,738

A.V

Loans and receivables from banks and other financial organisations

214,345,371

1,822,776

A.VI

Loans and receivables from the clients

2,386,118,433

20,291,365

A.VII

Changes in fair value of items subject to risk protection

0

0

A.VIII

Receivables in respect of derivatives aimed at risk protection

152,860

1,300

A.IX

Investments in affiliated companies and joint ventures

334,034

2,841

A.X

Investments in dependent companies

19,118,781

162,585

A.XI

Intangible assets

17,744,749

150,900

A.XII

Property, premises and equipment

72,089,233

613,041

A.XIII

Investment property

13,624,031

115,858

A.XIV

Current tax assets

1,093,321

9,298

A.XV

Deferred tax assets

3,335,599

28,366

A.XVI

Fixed assets for sale and assets from discontinued operations

1,060,568

9,019

A.XVII

Other assets

29,779,625

253,244

A.XX

TOTAL ASSETS (items from 0001 to 0017 in the balance sheet)

4,084,135,882

34,731,173

P

LIABILITIES AND EQUITY

PO

LIABILITIES

PO.I

Liabilities in respect of derivatives

PO.II

1,858,289

15,803

Deposits and other financial liabilities towards banks, other financial organisations and the central bank

531,003,163

4,515,609

PO.III

Deposits and other financial liabilities towards other clients

2,731,109,290

23,225,140

PO.IV

Liabilities in respect of derivatives aimed at risk protection

395,235

3,361

PO.V

Changes in fair value of items subject to risk protection

447

4

PO.VI

Liabilities in respect of securities

3,512,691

29,872

PO.VII

Subordinated liabilities

29,096,058

247,431

PO.VIII

Provisions

13,199,449

112,247

PO.IX

Liabilities in respect of assets for sale and assets from discontinued operations

0

0

PO.X

Current tax liabilities

1,111,680

9,454

PO.XI

Deferred tax liabilities

1,852,886

15,757

PO.XII

Other liabilities

65,254,842

554,922

69

Serbian Banking 2019

POZICIJA PO.XIII

UKUPNO OBAVEZE (pozicije pod AOP oznakama od 0401 do 0412 u bilansu stanja)

KAPITAL

PK.XIV

Akcijski kapital

PK.XV

Sopstvene akcije

PK.XVI

U hiljadama dinara

U hiljadama evra*

3.378.394.030

28.729.599

388.918.707

3.307.334

0

0

Dobitak

101.542.060

863.506

PK.XVII

Gubitak

24.743.488

210.417

PK.XVIII

Rezerve

240.024.573

2.041.150

PK.XIX

Nerealizovani gubici

0

0

PK.XX

UKUPNO KAPITAL (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa stanja: 0414 - 0415 + 0416 - 0417 + 0418 0419) ≥ 0

705.741.852

6.001.574

PO.XXI

UKUPAN NEDOSTATAK KAPITALA (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa stanja: 0414 - 0415 + 0416 - 0417 + 0418 0419) < 0

0

0

PO.XXII

UKUPNO PASIVA (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa stanja: 0413 + 0421 - 0422)

4.084.135.882

34.731.173

* Primenjen je zvanični srednji kurs dinara u odnosu na evro, sa stanjem na dan 31.12.2019. godine - 1 EUR = 117,5928 RSD

70

Srpsko bankarstvo 2019

ITEM

In RSD thousand

PO.XIII

TOTAL LIABILITIES (items from 0401 to 0412 in the balance sheet)

CAPITAL

PK.XIV

Shareholders’ equity

PK.XV

Own shares

PK.XVI

3,378,394,030

In EUR thousand* 28,729,599

388,918,707

3,307,334

0

0

Profit

101,542,060

863,506

PK.XVII

Loss

24,743,488

210,417

PK.XVIII

Provisions

240,024,573

2,041,150

PK.XIX

Unrealised losses

0

0

PK.XX

TOTAL CAPITAL (result of summation and deduction of the following ADP categories from the balance sheet: 0414 - 0415 + 0416 - 0417 + 0418 - 0419) ≥ 0

705,741,852

6,001,574

PO.XXI

TOTAL LACK OF CAPITAL (result of summation and deduction of the following ADP categories from the balance sheet: 0414 - 0415 + 0416 - 0417 + 0418 - 0419) < 0

0

0

PO.XXII

TOTAL LIABILITIES (result of summation and deduction of the following ADP categories from the balance sheet: 0413 + 0421 - 0422)

4,084,135,882

34,731,173

* Official middle rate of exchange of the dinar against the EUR, as of 31.12.2019, was applied - EUR 1 = RSD 117.5928

71

Serbian Banking 2019

Bilans uspeha za period 01.01. do 31.12.2019.

POZICIJA

U hiljadama dinara

U hiljadama evra*

I.a

Prihodi od kamata

151.748.662

1.290.459

I.b

Rashodi od kamata

23.151.058

196.875

I.1

Neto prihod po osnovu kamata (rezultat oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1001 - 1002)

128.785.413

1.095.181

I.2

Neto rashod po osnovu kamata (rezultat oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1002 - 1001)

0

0

II.a

Prihodi od naknada i provizija

61.840.244

525.885

II.b

Rashodi naknada i provizija

19.756.407

168.007

II.1

Neto prihod po osnovu naknada i provizija (rezultat oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1005 1006)

42.083.837

357.878

II.2

Neto rashod po osnovu naknada i provizija (rezultat oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1006 1005)

0

0

III.1

Neto dobitak po osnovu promene fer vrednosti finansijskih instrumenata

2.159.351

18.363

III.2

Neto gubitak po osnovu promene fer vrednosti finansijskih instrumenata

66.766

568

IV.1

Neto dobitak po osnovu reklasifikacije finansijskih instrumenata

32.598

277

IV.2

Neto gubitak po osnovu reklasifikacije finansijskih instrumenata

0

0

V.1

Neto dobitak po osnovu prestanka priznavanja finansijskih instrumenata koji se vrednuju po fer vrednosti

1.709.387

14.536

V.2

Neto gubitak po osnovu prestanka priznavanja finansijskih instrumenata koji se vrednuju po fer vrednosti

45.668

388

VI.1

Neto dobitak po osnovu zaštite od rizika

25.784

219

VI.2

Neto gubitak po osnovu zaštite od rizika

289.071

2.458

VII.1

Neto prihod od kursnih razlika i efekata ugovorene valutne klauzule

9.160.342

77.899

VII.2

Neto rashod od kursnih razlika i efekata ugovorene valutne klauzule

330.256

2.808

VIII.1

Neto prihod po osnovu umanjenja obezvređenja finansijskih sredstava koja se ne vrednuju po fer vrednosti kroz bilans uspeha

4.589.412

39.028

VIII.2

Neto rashod po osnovu obezvređenja finansijskih sredstava koja se ne vrednuju po fer vrednosti kroz bilans uspeha

11.646.241

99.039

IX.1

Neto dobitak po osnovu prestanka priznavanja finansijskih instrumenata koji se vrednuju po amortizovanoj vrednosti

447.498

3.805

IX.2

Neto gubitak po osnovu prestanka priznavanja finansijskih instrumenata koji se vrednuju po amortizovanoj vrednosti

5.960.367

50.686

X.1

Neto dobitak po osnovu prestanka priznavanja investicija u pridružena društva i zajedničke poduhvate

0

0

X.2

Neto gubitak po osnovu prestanka priznavanja investicija u pridružena društva i zajedničke poduhvate

0

0

XI

Ostali poslovni prihodi

4.434.882

37.714

72

Srpsko bankarstvo 2019

Income Statement for the Period 01.01 - 31.12.2019

ITEM

In RSD thousand

In EUR thousand*

I.a

Interest income

151,748,662

1,290,459

I.b

Interest expenses

23,151,058

196,875

I.1

Net interest income (result of deduction of the following ADP categories from the income statement: 1001 - 1002)

128,785,413

1,095,181

I.2

Net interest expenses (result of deduction of the following ADP categories from the income statement: 1002 - 1001)

0

0

II.a

Revenues from fees and commissions

61,840,244

525,885

II.b

Expenditures in respect of fees and commissions

19,756,407

168,007

II.1

Net income from fees and commissions (result of deduction of the following ADP categories from the income statement: 1005 - 1006)

42,083,837

357,878

II.2

Net expenditures in respect of fees and commissions (result of deduction of the following ADP categories from the income statement: 1006 - 1005)

0

0

III.1

Net profit in respect of changes in the fair value of financial instruments

2,159,351

18,363

III.2

Net loss in respect of changes in the fair value of financial instruments

66,766

568

IV.1

Net profit in respect of reclassification of financial instruments

32,598

277

IV.2

Net loss in respect of reclassification of financial instruments

0

0

V.1

Net profit in respect of derecognition of financial instruments carried at fair value

1,709,387

14,536

V.2

Net loss in respect of derecognition of financial instruments carried at fair value

45,668

388

VI.1

Net profit in respect of risk protection

25,784

219

VI.2

Net loss in respect of risk protection

289,071

2,458

VII.1

Net income from exchange rate differentials and effects of the arranged currency clause

9,160,342

77,899

VII.2

Net expenditures in respect of exchange rate differentials and effects of the arranged currency clause

330,256

2,808

VIII.1

Net income from impairment of financial assets that are not carried at fair value through income statement

4,589,412

39,028

VIII.2

Net expenditures from impairment of financial assets that are not carried at fair value through income statement

11,646,241

99,039

IX.1

Net profit in respect of derecognition of financial instruments at amortized value

447,498

3,805

IX.2

Net loss in respect of derecognition of financial instruments at amortized value

5,960,367

50,686

X.1

Net profit in respect of derecognition of investments in affiliated companies and joint ventures

0

0

X.2

Net loss in respect of derecognition of investments in affiliated companies and joint ventures

0

0

XI

Other business revenues

4,434,882

37,714

73

Serbian Banking 2019

POZICIJA

U hiljadama dinara

U hiljadama evra*

XII.1

UKUPAN NETO POSLOVNI PRIHOD (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1003 - 1004 + 1007 - 1008 + 1009 - 1010 + 1011 - 1012 + 1013 - 1014 + 1015 - 1016 + 1017 - 1018 + 1019 - 1020 + 1021 - 1022 + 1023 - 1024 + 1025) ≥ 0

175.090.135

1.488.953

XII.2

UKUPAN NETO POSLOVNI RASHOD (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1003 - 1004 + 1007 - 1008 + 1009 - 1010 + 1011 - 1012 + 1013 - 1014 + 1015 - 1016 + 1017 - 1018 + 1019 - 1020 + 1021 - 1022 + 1023 - 1024 + 1025) < 0

0

0

XIII

Troškovi zarada, naknada zarada i ostali lični rashodi

42.767.661

363.693

XIV

Troškovi amortizacije

11.502.537

97.817

XV.1

Ostali prihodi

11.672.763

99.264

XV.2

Ostali rashodi

59.009.069

501.809

XVI.1

DOBITAK PRE OPOREZIVANJA (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1026 - 1027 - 1028 - 1029 + 1030 – 1031) ≥ 0

74.734.556

635.537

XVI.2

GUBITAK PRE OPOREZIVANJA (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1026 - 1027 - 1028 - 1029 + 1030 – 1031) < 0

1.250.925

10.638

XVII

Porez na dobitak

4.713.842

40.086

XVIII.1

Dobitak po osnovu odloženih poreza

2.678.593

22.779

XVIII.2

Gubitak po osnovu odloženih poreza

1.349.347

11.475

XIX.1

DOBITAK NAKON OPOREZIVANJA (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1032 – 1033 – 1034 + 1035 - 1036) ≥0

71.350.586

606.760

XIX.2

GUBITAK NAKON OPOREZIVANJA (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1032 – 1033 – 1034 + 1035 - 1036) < 0

1.251.551

10.643

XX.1

Neto dobitak poslovanja koje se obustavlja

0

0

XX.2

Neto gubitak poslovanja koje se obustavlja

0

0

XXI.1

REZULTAT PERIODA – DOBITAK (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1037 - 1038 + 1039 - 1040) ≥ 0

71.350.586

606.760

XXI.2

REZULTAT PERIODA – GUBITAK (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1037 - 1038 + 1039 - 1040) < 0

1.251.551

10.643

* Primenjen je zvanični srednji kurs dinara u odnosu na evro, sa stanjem na dan 31.12.2019. godine - 1 EUR = 117,5928 RSD

74

Srpsko bankarstvo 2019

ITEM

In RSD thousand

In EUR thousand*

XII.1

TOTAL NET BUSINESS REVENUES (result of summation and deduction of the following ADP categories from the income statement: 1003 - 1004 + 1007 - 1008 + 1009 - 1010 + 1011 - 1012 + 1013 - 1014 + 1015 - 1016 + 1017 - 1018 + 1019 - 1020 + 1021 - 1022 + 1023 - 1024 + 1025) ≥ 0

175,090,135

1,488,953

XII.2

TOTAL NET BUSINESS EXPENDITURES (result of summation and deduction of the following ADP categories from the income statement: 1003 - 1004 + 1007 - 1008 + 1009 - 1010 + 1011 - 1012 + 1013 - 1014 + 1015 - 1016 + 1017 - 1018 + 1019 - 1020 + 1021 - 1022 + 1023 - 1024 + 1025) < 0

0

0

XIII

Costs of salaries, wages and other personal expenses

42,767,661

363,693

XIV

Amortisation costs

11,502,537

97,817

XV.1

Other revenues

11,672,763

99,264

XV.2

Other expenditures

59,009,069

501,809

XVI.1

PROFIT BEFORE TAX (result of summation and deduction of the following ADP categories from the income statement: 1026 - 1027 - 1028 - 1029 + 1030 – 1031) ≥ 0

74,734,556

635,537

XVI.2

LOSS BEFORE TAX (result of summation and deduction of the following ADP categories from the income statement: 1026 - 1027 - 1028 - 1029 + 1030 – 1031) < 0

1,250,925

10,638

XVII

Profit tax

4,713,842

40,086

XVIII.1

Profit in respect of deferred taxes

2,678,593

22,779

XVIII.2

Loss in respect of deferred taxes

1,349,347

11,475

XIX.1

PROFIT AFTER TAX (result of summation and deduction of the following ADP categories from the income statement: 1032 – 1033 – 1034 + 1035 - 1036) ≥ 0

71,350,586

606,760

XIX.2

LOSS AFTER TAX (result of summation and deduction of the following ADP categories from the income statement: 1032 – 1033 – 1034 + 1035 - 1036) < 0

1,251,551

10,643

XX.1

Net profit from discontinued operations

0

0

XX.2

Net loss from discontinued operations

0

0

XXI.1

RESULT OF THE PERIOD – PROFIT (result of summation and deduction of the following ADP categories from the income statement: 1037 - 1038 + 1039 - 1040) ≥ 0

71,350,586

606,760

XXI.2

RESULT OF THE PERIOD – LOSS (result of summation and deduction of the following ADP categories from the income statement: 1037 - 1038 + 1039 - 1040) < 0

1,251,551

10,643

* Official middle rate of exchange of the dinar against the EUR, as of 31.12.2019, was applied - EUR 1 = RSD 117.5928

75

Serbian Banking 2019