Look for:

Our capital markets competence in Serbia

Our capital markets competence in Serbia



In the capital markets business, Erste Bank Serbia focuses on foreign exchange and money market products as well as hedging solutions for foreign exchange and interest rate risk


Erste Group in Serbia

Erste Bank a.d. Novi Sad is a bank strongly focused on retail, local communities and SME business covering the territory of the whole country. The bank currently has 0.45 million clients and a network of 91 retail branches as well as 4 centers for corporate business. Erste Bank a.d. Novi Sad offers a wide range of financial products. Recognized as a systemically important bank, Erste Bank a.d. Novi Sad has been achieving record business results for several consecutive years. The market share of the bank in terms of total assets is currently at around 5.9% and it has increased almost five times since its entrance to the market. The bank positions itself as a long-term partner of Serbia’s growing middle class.

Capital markets business in Serbia

In the capital markets business, Erste Bank a.d. Novi Sad mainly focuses on foreign exchange and money market products. Erste Bank a.d. Novi Sad provides full range of services to corporate and institutional clients in “one-stop-shop”: foreign exchange, money market, hedging, brokerage, custody, consulting and advisory. As a client-oriented bank, Erste Bank a.d. Novi Sad concentrates on the individual needs of each client.
Capital markets team consists of 18 employees strongly focused on customer business.
Our knowledge, experience as well as strict following code of conduct is widely recognized at the local and international market.

Market insight Serbia

Serbian economy is expected to grow 3.2% in 2019 and 3.5% in 2020, with growth rate to stabilize between 3.3% and 3.5% onwards. The country has enjoyed a notable macroeconomic recovery in past five years.
Serbian government is looking to further improve business conditions, by engaging in strategic projects, such as economic and investment agenda for the period 2019-2024, envisaging structural reforms, bringing down unemployment to single digit percentage, reducing tax burden on salaries, introducing tax incentives, continued reform of tax administration and, most importantly, large capital investments.
Higher credit potential is increased through favorable macroeconomic environment.
EU negotiations received boost in recent period confirming commitment towards EU membership in mid-term.

Mario Grizelj

Head of Financial Markets Division




Erste Bank a.d. Novi Sad
Milutina Milankovića 3/A
11070 Beograd (Novi Beograd)
Tel.: +381 (0) 112090184
mario.grizelj@erstebank.rs




Accept

We use cookies and web analysis software to give you the best possible experience on our website. By continuing to browse this website, you consent for these tools to be used. For more details and how to opt out of these, please read our Data protection policy.

INFORMATION FOR CORPORATE AND INSTITUTIONAL CLIENTS

Any information, material and services regarding financial instruments and securities provided by Erste Group Bank AG or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites”) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions (the “Interested Party“).

The publication and distribution of information as well as offering and selling of products and services described on the Websites is prohibited by law in some jurisdictions. For this reason, persons in countries in which the publication as well as the offering and selling of products and services described on the Websites are not permitted by law, must not enter the Websites and/or acquire the products displayed on the Websites.

Neither Erste Group nor any third party shall offer access to the Websites or offer the products to especially, but not limited to citizen/residents of the United States and “U.S. person” (as defined in Regulation S under the US Securities Act 1933 as amended), citizen/resident of Australia, Canada, Great Britain and Japan. For this reason, the distribution or redistribution of the information, materials and products into United States, Australia, Canada, Great Britain and Japan or into any other jurisdiction where it is not permitted under the applicable law, as well as to the citizens/residents of these countries shall be prohibited.

The securities displayed on the Websites have not been and will not be registered under the US Securities Act of 1933 and trading in the securities has not been approved for purposes of the US Commodities Exchange Act of 1936. For this reason the securities may, inter alia, not be offered, sold or delivered within the United States or, for the account and benefit of U.S. persons.

The Interested Party is solely responsible to examine, whether he may enter the Websites under the law applicable to it. Erste Group shall not be responsible for the distribution of content of any of the Websites to individuals or entities which provide false information about their right to enter the Websites. For this reason Erste Group shall not be liable for any legal claims or damages which may result from the unauthorized entering or reading of the Websites.

By agreeing to this hereto, the Interested Party confirms that
(i) It has read, understood and accepted this Information and the Disclaimer;
(ii) It informed itself about any possible legal restriction and warrants that it is not restricted or prohibited to enter the Websites according to any law applicable; and
(iii) It does not make available the contents of the Websites to any person who is not qualified by law to enter the Websites.
(iV) It is no consumer.