Poštanska štedionica

Poštanska štedionica (full legal name: Banka Poštanska štedionica a.d. Beograd) is a Serbian bank that is one of the largest operating in Serbia. It was founded in 1921 and its headquarters are located in Belgrade, Serbia. As of April 2025^[update], it is the sole bank operating on the Serbian market that is majority (or wholly) owned by the Government of Serbia.

Poštanska štedionica

The headquarters of Poštanska Štedionica
Native name	Поштанска штедионица
Company type	Joint-stock company
Traded as	BELEX: PSBN
Industry	Financial services
Founded	26 June 1921; 104 years ago (1921-06-26)
Headquarters	Kraljice Marije 3, Belgrade , Serbia
Area served	Serbia Bosnia and Herzegovina
Key people	Bojan Kekić (Steering Committee Chief)
Products	Retail banking Commercial banking Investment banking Investment management Public finance
Revenue	€163.29 million (2023)[1]
Net income	€36.70 million (2023)[1]
Total assets	€4.166 billion (2023)[2]
Total equity	€307.31 million (2023)[2]
Owner	Government of Serbia (100%) (as of 25 April 2025)
Number of employees	2,833 (2023)
Website	www.posted.co.rs
Footnotes / references S.W.I.F.T. : SBPORSBG; Electronic invoic: TAJu2***

History

Poštanska štedionica (meaning "Post's savings service") was founded on 26 June 1921 in Palilula, Belgrade when the law of postal savings service was implemented. By 1926 it had become the main financial savings institution in Kingdom of Yugoslavia, with branches in all postal offices in the entire county. By then, it practiced a policy of financial transactions free of any taxes, intended to motivate the population to save capital.^[3]

A period of technological implementation followed. In 1969 the offices are equipped with the first IBM computers. Also, Poštanska štedionica became the first financial institution in all of SFR Yugoslavia to introduce the credit cards. In 2002 Poštanska štedionica becomes a fully operational bank, and, in 2006, it changes its name to Banka Poštanska štedionica a.d.^[3] It was admitted to the free market in Belgrade Stock Exchange on February 7, 2006.^[4]

In October 2013, Serbian Ministry of Finance proposed to the government that bank takes over all insured and uninsured deposits and parts of assets of the majority state-owned Privredna banka Beograd which has lost licence for banking.^[5] Later, in late January 2014, another state-owned Univerzal banka has lost its licence and Poštanska štedionica took their clients.^[6]

In April 2021, Poštanska štedionica acquired minor mts banka.^[7] In October 2021, Poštanska štedionica acquired former subsidiary of Komercijalna banka in Bosnia and Herzegovina. ^[8] SInce 2022, bank is operating in Bosnia and Herzegovina under name Banka Poštanska štedionica Banja Luka.

See also

• List of banks in Serbia
• Belgrade Stock Exchange