specijalni broj Srpsko bankarstvo...Bankarstvo Special edition 2018/ Specijalno izdanje za 2018. The...
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Serbian Banking 2017 Srpsko bankarstvo specijalni broj Udruženje banaka Srbije
Transcript of specijalni broj Srpsko bankarstvo...Bankarstvo Special edition 2018/ Specijalno izdanje za 2018. The...
SerbianBanking
2017Srpskobankarstvo
specijalni broj
Udruženje banaka Srbije
SRPSKO BANKARSTVO U 2017.
SERBIAN BANKING IN 2017
Beograd, 2018.
Bankarstvo
Special edition 2018/ Specijalno izdanje za 2018.The 47th year of publishing / 47. godina izdanja
Publisher / IzdavačUdruženje banaka Srbije p.u. / Association of Serbian Banks b.a.11000 Beograd, Bulevar kralja Aleksandra [email protected]
Editor-in-Chief / Glavni i odgovorni urednikProf. dr Veroljub Dugalić
Publishing Council / Izdavački savetProf. dr Veroljub Dugalić, Association of Serbian Banks / Udruženje banaka Srbijedr Milko Štimac, Financial markets consultant / Konsultant za finansijska tržištadr Nataša Kožul, Independent expert and investment banking consultant / Samostalni ekspert i konsultant za investiciono bankarstvoSiniša Krneta, Belgrade Stock Exchange / Beogradska berzaGordana Dostanić, AMS Insurance / AMS osiguranjedr Slađana Sredojević, Association of Serbian Banks / Udruženje banaka Srbijedr Milan Brković, Association of Serbian Banks / Udruženje banaka Srbijedr Vesna Matić, Association of Serbian Banks, retired / Udruženje banaka Srbije, u penzijiSvetlana Pantelić, Association of Serbian Banks, retired / Udruženje banaka Srbije, u penziji
Editorial Board / Redakcioni odborProf. dr Veroljub Dugalić, Association of Serbian Banks / Udruženje banaka SrbijeProf. Roger Claessens, R.J. Claessens & PartnersProf. dr Emilija Vuksanović, Faculty of Economics Kragujevac, retired / Ekonomski fakultet Kragujevac, u penzijiProf. dr Radovan Kovačević, Faculty of Economics Belgrade / Ekonomski fakultet BeogradProf. dr Žarko Lazarević, Institute of Contemporary History Ljubljana / Inštitut za novejšo zgodovino LjubljanaProf. dr Slobodan Lakić, Faculty of Economics Podgorica / Ekonomski fakultet PodgoricaProf. dr Nebojša Savić, FEFA - Faculty of Economics, Finance and Administration / FEFA - Fakultet za Ekonomiju, Finansije i AdministracijuProf. dr Goran Pitić, FEFA - Faculty of Economics, Finance and Administration / FEFA - Fakultet za Ekonomiju, Finansije i AdministracijuProf. dr Dragana Gnjatović, Kragujevac University / Univerzitet u KragujevcuProf. dr Vesna Aleksić, Institute of Economic Sciences Belgrade / Institut ekonomskih nauka BeogradProf. dr Miloš Živković, Faculty of Law Belgrade / Pravni fakultet BeogradProf. dr Vladimir Vučković, Fiscal Council Republic of Serbia / Fiskalni savet Republike SrbijeProf. dr Miloš Božović, Faculty of Economics Belgrade / Ekonomski fakultet BeogradProf. dr Violeta Todorović, Faculty of Economics Kragujevac / Ekonomski fakultet Kragujevacdr Jelena Minović, Institute of Economic Sciences Belgrade / Institut ekonomskih nauka Beograddr Aleksandra Mitrović, Faculty of Hotel Management and Tourism, Vrnjačka Banja / Fakultet za hotelijerstvo i turizam, Vrnjačka BanjaProf. dr Mlađan Mrđan, EBS Business School, Wiesbadendr Boštjan Ferk, Institute for Public-Private Partnership, Ljubljana / Inštitut za javno-zasebno partnerstvo, LjubljanaProf. Vincent O'Brien, eBSIdr Jitka Pantuckova, Ohridska banka ad OhridProf. dr János Száz, Institute for Training and Consulting in Banking, Budapestdr Aaron Presnall, Jefferson Institute, WashingtonDoc. dr Džafer Alibegović, Faculty of Economics Sarajevo / Ekonomski fakultet SarajevoProf. dr Nikolay Nenovsky, CRIISEA, Université de Picardie Jules Verne, Amiens, France
dr Zlata Lukić - Editor / UrednikBojana Nešić - Technical Editor / Tehnički urednikNikola Marković - Technical Editor Assistant / Asistent tehničkog urednikaJelena Nikitović - Secretary / SekretarSonja Grbić - Translator and English Proofreader / Prevodilac i lektor za engleski jezik
Print / ŠtampaČugura Print Beograd
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CONTENTS
VEROLJUB DUGALIĆ, SECRETARY GENERAL OF THE ASSOCIATION OF SERBIAN BANKSA WORD OF INTRODUCTION
BANKING SECTOR OF SERBIA IN 2017ANALYSIS OF THE FINANCIAL POSITION AND FINANCIAL RESULT
NATIONAL BANK OF SERBIA
ASSOCIATION OF SERBIAN BANKS
ADDIKO BANK A.D. BELGRADE
AIK BANK A.D. BELGRADE
BANCA INTESA A.D. BELGRADE
POSTAL SAVINGS BANK A.D. BELGRADE
BANK OF CHINA SRBIJA A.D. BELGRADE
CRÉDIT AGRICOLE SERBIA A.D. NOVI SAD
DIREKTNA BANKA A.D. KRAGUJEVAC
EXPOBANK A.D. BELGRADE
ERSTE BANK A.D. NOVI SAD
EUROBANK A.D. BELGRADE
HALKBANK A.D. BELGRADE
JUBMES BANKA A.D. BELGRADE
KOMERCIJALNA BANKA A.D. BELGRADE
MTS BANKA A.D. BELGRADE
NLB BANK A.D. BELGRADE
ОPPORTUNITY BANK A.D. NOVI SAD
OTP BANKA SRBIJA A.D. NOVI SAD
PIRAEUS BANK A.D. BELGRADE
PROCREDIT BANK A.D. BELGRADE
RAIFFEISEN BANK A.D. BELGRADE
SBERBANK SERBIA A.D. BELGRADE
SOCIETE GENERALE BANK SERBIA A.D. BELGRADE
SRPSKA BANKA A.D. BELGRADE
TELENOR BANK A.D. BELGRADE
UNICREDIT BANK SERBIA A.D. BELGRADE
VOJVOĐANSKA BANKA A.D. NOVI SAD
VTB BANK A.D. BELGRADE
SECURITIES COMMISSION OF REPUBLIC OF SERBIA
BELGRADE STOCK EXCHANGE
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SADRŽAJ
VEROLJUB DUGALIĆ, GENERALNI SEKRETAR UDRUŽENJA BANAKAUVODNA REČ
BANKARSKI SEKTOR SRBIJE U 2017. GODINIANALIZA FINANSIJSKE POZICIJE I FINANSIJSKOG REZULTATA
NARODNA BANKA SRBIJE
UDRUŽENJE BANAKA SRBIJE
ADDIKO BANK A.D. BEOGRAD
AIK BANKA A.D. BEOGRAD
BANCA INTESA A.D. BEOGRAD
BANKA POŠTANSKA ŠTEDIONICA A.D. BEOGRAD
BANK OF CHINA SRBIJA A.D. BEOGRAD
CRÉDIT AGRICOLE SRBIJA AD NOVI SAD
DIREKTNA BANKA A.D. KRAGUJEVAC
EXPOBANKA A.D. BEOGRAD
ERSTE BANK A.D. NOVI SAD
EUROBANK A.D. BEOGRAD
HALKBANK A.D. BEOGRAD
JUBMES BANKA A.D. BEOGRAD
KOMERCIJALNA BANKA A.D. BEOGRAD
MTS BANKA A.D. BEOGRAD
NLB BANKA A.D. BEOGRAD
OPPORTUNITY BANKA A.D. NOVI SAD
OTP BANKA SRBIJA A.D. NOVI SAD
PIRAEUS BANK A.D. BEOGRAD
PROCREDIT BANK A.D. BEOGRAD
RAIFFEISEN BANKA A.D. BEOGRAD
SBERBANK SRBIJA A.D. BEOGRAD
SOCIETE GENERALE BANKA SRBIJA A.D. BEOGRAD
SRPSKA BANKA A.D. BEOGRAD
TELENOR BANKA A.D. BEOGRAD
UNICREDIT BANK SRBIJA A.D. BEOGRAD
VOJVOĐANSKA BANKA A.D. NOVI SAD
VTB BANKA A.D. BEOGRAD
KOMISIJA ZA HARTIJE OD VREDNOSTI REPUBLIKE SRBIJE
BEOGRADSKA BERZA
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Dear readers,
In front of you is the special issue of Bankarstvo Journal which, traditionally, for the thir-teenth time, reviews the banking sector of Serbia’s operations in the previous year. The bank-
ing sector of Serbia will be presented through articles sent in by the banks, National Bank of Serbia, Securities Commission, Belgrade Stock Exchange and the Association of Serbian Banks, as well as through the Analysis of Financial Position and Financial Result of the Banking Sector, which is annually prepared by the ASB and is the introductory segment of the special issue of Bankarstvo Journal.
In the previous year, the trend of consolidating the banking sector of Serbia continued, which resulted in five banks changing owners. Alpha Bank Serbia a.d. Belgrade changed its owner at the beginning of the year, when it was taken over by AIK Bank a.d. Belgrade. Marfin Bank a.d. Belgrade was sold to Ekspobanka a.d. Belgrade, while Direktna banka a.d. Kragujevac now owns Findomestik bank a.d. Belgrade. Jugobanka Jugbanka a.d. Kosovska Mitrovica went into bankruptcy, its business portfolio being taken up by Postal Savings Bank a.d. Belgrade. As a reminder, in 2007 there were 33 banks operating on the market, while, ten years later, there is a total of 28 banks.
This year’s special issue of Bankarstvo Journal contains the data and the overview of 27 banks, i.e. all banks operating on the Serbian market save one, since Mirabank a.d. Belgrade decided not to participate this year either. This outstanding response proves that the banks have recognised the point and significance of such a publication, which displays in one place the overall development and dynamics of the banking sector of Serbia in the previous period, and which also provides each bank with the opportunity to individually present its business results.
We would like to use this opportunity to wholeheartedly thank all our associates from the banks and other presented institutions who took part in the preparations and submission of articles, since without their help and contribution to painting a comprehensive picture of the banking sector in Serbia in 2017, this special issue of Bankarstvo Journal could never have been published.
Prof. Dr Veroljub Dugalic
Secretary General Association of Serbian Banks
A WORD OF INTRODUCTION
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Poštovani čitaoci,
Pred Vama je specijalni broj časopisa Bankarstvo u kome, sada već tradicionalno, trinaesti put po redu
objavljujemo prikaz poslovanja bankarskog sektora Sr-bije u godini za nama. Kako izgleda bankarski sektor Srbije u 2017. godini saznaćete iz priloga koje su dostavi-le banke, Narodna banka Srbije, Komisija za hartije od vrednosti, Beogradska berza i Udruženje banaka Srbije, kao i iz Analize finansijske pozicije i finansijskog rezul-tata bankarskog sektora zemlje, koju UBS priprema sva-ke godine i koja predstavlja uvodni deo specijalnog broja časopisa Bankarstvo.
U prethodnoj godini nastavljen je trend konsolidacije bankarskog sektora Srbije, te je tako kod pet banaka do-
šlo do promene vlasništva. Alpha Bank Srbija a.d. Beograd je početkom godine prva promenila vlasnika, kada ju je preuzela AIK banka a.d. Beograd. Prodata je i Marfin banka a.d. Beograd, koja je prešla u ruke Ekspobanke a.d. Beograd, dok je Direktna banka a.d. Kragujevac novi vlasnik Findomestik banke a.d. Beograd. Jugobanka Jugbanka a.d. Kosovska Mitrovica otišla je u stečaj, a njen poslovni portfolio preuzela je Banka Poštanska štedionica a.d. Beograd. Pod-sećanja radi, 2007. godine na bankarskom tržištu poslovale su 33 banke, dok ih deset godina kasnije ima ukupno 28.
Ovogodišnji specijalni broj Bankarstva sadrži podatke i prikaz 27 banaka, odnosno svih banaka koje posluju na tržištu Srbije osim jedne, pošto je Mirabank a.d. Beograd i ovoga puta odlučila da izostane. Ovako sjajan odziv svedoči o tome da su banke prepoznale suštinu i zna-čaj ovakve publikacije, u kojoj se na jednom mestu može pratiti sveobuhvatan razvoj i dinami-ka bankarskog sektora Srbije u proteklom periodu, a koja ujedno daje mogućnost svakoj banci da pojedinačno predstavi svoje poslovne rezultate.
Koristimo priliku da se ovim putem srdačno 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 2017. godini, ovaj specijalni broj časopisa Bankarstvo ne bi ni mogao da bude objavljen.
Prof. dr Veroljub Dugalić
generalni sekretar Udruženje banaka Srbije
UVODNA REČ
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BANKING SECTOR OF SERBIA IN 2017 Analysis of the Financial Position and Financial Result
The still modest rates of economic growth in the conditions of pronounced and stimulating mac-roeconomic and financial stability are the basic characteristics of the environment in which the banking sector of Serbia operated in 2017. In addition, the improvement of the framework for further resolution of the inherited issue of NPLs in the banking sector of Serbia was continued.
Figure 1 - Main Indicators of Macroeconomics Trends
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-6
-4
-2
0
2
4
6
8
10
12
GDP
Industrial production - physical volume
Export
2014 2015 2016
1.5
-1.8
-6.5
8.3
7.9
0.8
11.6
4.7
2.8
2017
12.0
3.5
2.0*
*MFRS estimateSource: Ministry of Finance of the RS, Public Finance Bulletin, December 2017
The estimated trends of the GDP, as a synthetic indicator of the country’s economic and financial position in 2017 (real growth of 2%, according to the Ministry of Finance’s estimate) compared to the previous eight years, when this indicator oscillated around 1, moving from the positive zone into the negative zone and vice versa, is a solid result, yet far from satisfactory. It stands to remind us of the complexity of the economic sector’s position and warns of the need for parallel and continuous actions in several segments, to continue stimulating a stronger and more stable economic growth.
The economic activity throughout the entire 2017 recorded a higher percentage of growth than in the previous year, with an upward trend culminating in the last quarter, when the contribution to the quarterly GDP growth rate on the revenues side amounted to 2.5%. The growth of the total in-dustrial production (3.5% at the end of 2017, compared to the end of 2016) was the main contributor to this trend of economic activity indicators in 2017, along with the results achieved in the services
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BANKARSKI SEKTOR SRBIJE U 2017. GODINI Analiza finansijske pozicije i finansijskog rezultata
Još uvek skromne stope ekonomskog rasta u uslovima veoma izražene i podsticajne makroeko-nomske i finansijske stabilnosti predstavljaju osnovne karakteristike uslova u kojima je poslovao bankarski sektor Srbije u 2017. godini. Pri tome, nastavljeno je unapređenje okvira za dalje rešavanje nasleđenog pitanja NPL-ova u bankarskom sektoru Srbije.
Slika 1 - Osnovni indikatori makroekonomskih kretanja
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10
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2014. 2015. 2016.
BDP
Industrijska proizvodnja - fizički obim
Izvoz
1,5
-1,8
-6,5
8,3
7,9
0,8
11,6
4,7
2,8
2017.
12,0
3,5
2,0*
*Procena Ministarstva finansijaIzvor: Ministarstvo finansija RS, Bilten javnih finansija, decembar 2017.
Procenjeno kretanje BDP-a kao sintetičkog indikatora privredne i finansijske pozicije zemlje u 2017. godini (realan rast od 2% prema proceni Ministarstva finansija) u odnosu na period od pret-hodnih osam godina kada je ovaj indikator oscilirao oko jedinice, prelazeći iz pozitivne zone u zonu minusa i obrnuto, predstavlјa solidan rezultat, koji je, ipak, daleko od zadovolјavajućeg. On nas pod-seća koliko je pozicija privrednog sektora kompleksna i upozorava na neophodnost da se paralelnim i kontinuiranim delovanjem u više segmenata i dalјe podstiče snažniji i stabilniji privredni rast.
Privredna aktivnost tokom cele 2017. godine beleži viši procenat rasta u odnosu na prethodnu, sa uzlaznim trendom koji kulminira u poslednjem kvartalu kada je doprinos kvartalnoj stopi rasta BDP-a na prihodnoj strani iznosio 2,5%. Ovakvom kretanju indikatora privredne aktivnosti u 2017. godini najviše su doprineli rast ukupne industrijske proizvodnje (3,5% na kraju 2017. u odnosu na kraj 2016. godine), kao i rezultati ostvareni u sektoru usluga i u oblasti građevinarstva. Pozitivan
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sector and in the field of construction. A positive contribution comes from net taxes, while agricul-ture retains a negative impact and reduces the growth rate by 0.7 percentage points.1
Improving the competitive position of the economy, the steady and growing inflow of foreign direct investments, primarily in export-oriented companies, resulted in the significant growth in ex-ports and the volume of foreign trade.2 The export growth rate in 2017 was by 0.4 percentage points higher compared to the previous year and amounted to 12%. Exports of basic metals, metal products, coke and petroleum products were the main contributors to this trend of export growth. Imports recorded a growth rate of 13.8%, which is 3.2 times higher than in 2016.3
Figure 2 - Non-Performing Loans (NPLs) and Systemic Risk
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NPLs/GDP
NPLs/Capital
NPLs/Banking sector’s assets
NPLs/Total loans
2016 2017
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22.3
8.6
11.7
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13.8
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Source: Association of Serbian Banks, Bilbon database
The systemic approach to solving the problem of NPLs, defined by the NBS Action Plan for Im-plementation of the NPL Resolution Strategy, started to yield more serious results, and the posi-tive trends of the implemented measures in the financial/banking sector in 2017 are confirmed by the macroeconomic indicators of how burdened the banking sector is with non-performing loans. Namely, all four indicators recorded a downward trend in 2017 compared to the end of 2016. This was particularly reflected in the indicators of how burdened the banking sector is with non-perform-ing loans (NPLs to GDP ratio), which was drastically reduced from 11.9%, to 4.4% at the end of 2017.
The positive effect of financial consolidation, as an important segment of economic growth, is reflected in the fact that, for the first time since 2005, both indicators of the fiscal position have been positive. The total fiscal surplus in 2017 amounted to 1.2% of GDP, which represents an adjustment by 2.4% of GDP in relation to 2016. During the fourth quarter of 2017, the primary (1% of GDP) and the overall (2.4% of GDP) fiscal deficit was recorded, but at a significantly lower level compared to the same quarters of the previous years.4
1 Republic of Serbia, Ministry of Finance, Macroeconomic and Fiscal Analysis and Forecasting Sector, Current Macroeconomic Developments, March 2018, www.mfin.gov.rs
2 Ibid.3 Republic of Serbia, Ministry of Finance, Bulletin of Public Finance no. 160, December 2017, www.mfin.gov.rs4 Ibid.
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doprinos dolazi i od neto poreza, dok polјoprivreda zadržava negativan uticaj i smanjuje stopu rasta za 0,7 p.p.1
Pobolјšanje konkurentske pozicije privrede, stabilan i rastući priliv stranih direktnih investicija, pre svega u izvozno orijentisane kompanije, rezultirali su značajnim rastom izvoza i obima spolјno-trgovinske razmene.2 Stopa rasta izvoza u 2017. godini veća je za 0,4 p.p. u odnosu na prethodnu godinu i iznosi 12%. Ovakvom trendu rasta izvoza najviše je doprineo izvoz osnovnih metala, me-talnih proizvoda, koksa i derivata nafte. Uvoz je zabeležio stopu rasta od 13,8%, što je čak 3,2 puta više nego u 2016.3
Slika 2 - NPL-ovi i sistemski rizik
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NPL/BDP
NPL/kapital
NPL/aktiva bank. sektora
NPL/ukupni krediti
2016. 2017.
56,2
22,3
8,6
11,7
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29,7
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Izvor podataka: Udruženje banaka Srbije, Bilbon baza podataka
Sistemski pristup rešavanju problema NPL-ova, definisan Akcionim planom Narodne banke Srbije za sprovođenje Strategije za rešavanje problematičnih kredita u Republici Srbiji, počeo je da daje ozbilјnije rezultate, a pozitivne trendove primenjenih mera u finansijskom i bankarskom sek-toru tokom 2017. godine potvrđuju makroekonomski indikatori opterećenosti bankarskog sektora problematičnim kreditima. Naime, sva četiri indikatora zabeležila su silazni trend u 2017. godini u odnosu na kraj 2016. godine. Ovo je posebno izraženo kod indikatora opterećenosti privrednog sektora problematičnim kreditima (koeficijent NPL-ova prema bruto domaćem proizvodu), koji je sa 11,9% na kraju 2016. godine drastično smanjen na 4,4%.
Pozitivan efekat finansijske konsolidacije, kao bitan segment ekonomskog i privrednog rasta, odražava se u tome što su, po prvi put od 2005. godine, oba pokazatelјa fiskalne pozicije pozitivna. Ukupan fiskalni suficit u 2017. godini iznosio je 1,2% BDP-a, što predstavlјa prilagođavanje od 2,4% BDP-a u odnosu na 2016. godinu. Tokom četvrtog kvartala 2017. godine ostvaren je primarni (1% BDP-a) i ukupni (2,4% BDP-a) fiskalni deficit, ali na znatno nižem nivou u odnosu na iste kvartale prethodnih godina.4
1 Republika Srbija, Ministarstvo finansija, Sektor za makroekonomske i fiskalne analize i projekcije, Tekuća makroekonomska kretanja, mart 2018. www.mfin.gov.rs
2 Ibid.3 Republika Srbija, Ministarstvo finansija, Bilten javnih finansija br. 160, decembar 2017. www.mfin.gov.rs4 Ibid.
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The public debt of the Republic of Serbia, at the central government level, amounted to EUR 23.2 billion at the end of 2017, i.e. 61.5% of the estimated GDP for 2017. This indicator recorded a down-ward trend in the share of GDP compared to the previous year (71.9%).5
Figure 3 - Indicators of Serbia's external position
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2014 2015
External liquidity indicators - FX reserves/GDP
External solvency indicators - external debt/GDP
Openness of economy - (exports+imports)/GDP
in %
2016 2017
31.0 29.5
76.5
29.7
78.377.3
103.1 106.8
27.1
69.9
113.3*
97.7
*NBS estimateSource: National Bank of Serbia, Inflation of Serbia's External Position, March 2018, www.nbs.rs
The external position of Serbia measured by the synthetic indicators demonstrates the following:• The indicator of external liquidity of Serbia (FX reserves to GDP ratio) recorded a slight decline
at the end of 2017 compared with the end of the previous year (lower by 2.4 percentage points),• The indicator of external solvency of Serbia (external debt to GDP ratio) also recorded a slight
decline at the end of the III quarter of 2017, compared to 2016, while• The indicator of the economy’s openness (imports + exports to GDP ratio) was higher by 6.5
percentage points at the end of 2017 compared to the end of 2016, according to the NBS esti-mate.
Monetary Policy and Economic GrowthThe monetary stability of the system was fully preserved, and the monetary policy instruments
were used to clearly signal and stimulate the growth of lending activity.Inflation, as in the previous year, remained low and stable in 2017, and moved within the allowed
deviation from the NBS target (3% +/- 1.5 percentage points). The average inflation rate during the year amounted to 1.9%, which was determined first of all by the increasing prices of fruit, mobile telephony services, tobacco, soft drinks, firewood and tourist arrangements.6 Disinflationary factors in the domestic environment during 2017 were registered as positive effects of the country’s fiscal consolidation, the relative stability of the exchange rate and a longer period of low inflationary ex-pectations, especially in the financial and economic sectors. As a result of the still present deflation-ary pressures, in December 2017, the NBS kept the benchmark interest rate at 3.50%.
5 Ministry of Finance, Public Debt Management, State Debt and Structure of Public Debt, February 2018, www.javnidug.gov.rs
6 Republic of Serbia, Ministry of Finance, Department for Macroeconomic and Fiscal Analyses and Forecasts, Current Macroeconomic Developments, March 2018, www.mfin.gov.rs
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Javni dug Republike Srbije, centralni nivo vlasti, na kraju 2017. godine iznosio je 23,2 mlrd. evra, odnosno 61,5% procenjenog BDP-a za 2017. godinu. Ovaj indikator zabeležio je silazni trend odnosu na prethodnu godinu (71,9%).5
Slika 3 - Indikatori eksterne pozicije Srbije
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40
60
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100
120
2014. 2015. 2016. 2017.
Indikatori eksterne likvidnosti - devizne rezerve/BDP
Indikatori eksterne solventnosti - spoljni dug/BDP
Indikatori otvorenosti ekonomije - (izvoz+uvoz)/BDP
31,0 29,5
76,5
29,7
78,377,3
у %
103,1 106,8
27,1
69,9
113,3*
97,7
* Procena NBS Izvor podataka: Narodna banka Srbije, Indikatori eksterne pozicije Srbije, mart 2018. godine, www.nbs.rs
Eksterna pozicija Srbije merena sintetičkim indikatorima pokazuje sledeće:• indikator eksterne likvidnosti Srbije (odnos veličine deviznih rezervi u odnosu na veličinu
BDP-a) beleži blagi pad na kraju 2017. u odnosu na kraj prethodne godine (niži je za 2,4 p.p.),• Indikator eksterne solventnosti (spolјni dug prema BDP-u) na kraju trećeg kvartala 2017. godi-
ne u odnosu na kraj 2016. godine takođe beleži blagi pad, dok je• indikator otvorenosti ekonomije (odnos izvoz+uvoz prema BDP-u), prema proceni NBS, na
kraju 2017. godine veći za 6,5 p.p. u odnosu na kraj 2016.
Monetarna politika i privredni rastMonetarna stabilnost sistema u potpunosti je očuvana, a instrumentima monetarne politike da-
vani su jasni signali i podsticaji za rast kreditne aktivnosti.Inflacija je, kao i u prethodnoj godini, u 2017. godini ostala niska i stabilna, i kretala se u grani-
cama dozvolјenog odstupanja od cilјa NBS (3% +/- 1,5 p.p.). Prosečna stopa inflacije tokom godine iznosila je 1,9%, što je bilo opredelјeno, pre svega, povećanjem cena voća, usluga mobilne telefonije, duvana, bezalkoholnih pića, drva za ogrev i turističkih aranžmana.6 Dezinflatorni faktori u doma-ćem okruženju tokom 2017. godine registrovani su kao pozitivni efekti fiskalne konsolidacije zemlјe, relativna stabilnost deviznog kursa i duži period niskih inflacionih očekivanja, posebno u finansij-skom i privrednom sektoru. Kao rezultat i dalјe prisutnih deflatornih pritisaka, u decembru 2017. godine NBS je zadržala referentnu kamatnu stopu na nivou od 3,50%.
5 Ministarstvo finansija, Uprava za javni dug, Stanje i struktura javnog duga, februar 2018. www.javnidug.gov.rs6 Republika Srbija, Ministarstvo finansija, Sektor za makroekonomske i fiskalne analize i projekcije, Tekuća
makroekonomska kretanja, mart 2018. www.mfin.gov.rs
18
Figure 4 - Interest RatesNo. Interest rate 2014 2015 2016 2017
1. Benchmark interest rate 8.00% 4.50% 4.00% 3.50%
2. BEONIA 9.45% 2.61% 3.04% 2.27%
3.BELIBOR(depending on maturity)
9.91 - 9.79% 3.03 - 4.03% 3.00 - 3.66% 2.52 - 3.24%
4.Aggregate average weighted interest rate on NBS securities for open market operations
6.98% 3.46% 2.82% 2.83%
Source: Statistical Bulletin of the NBS, December 2017, www.nbs.rs
Interest rates at the interbank money market (BEONIA and BELIBOR) in general followed the stable trends throughout the year.
The average weighted interest rate on total bank loans in 2017 recorded a drop compared with its level at the end of the previous year as a result of the further alleviation of the monetary policy measures. The factors which also affected such trends of interest rates included the low interest rates in the Eurozone and the stronger competition among the banks.
The average weighted interest rates on new dinar loans granted to the corporate sector in Decem-ber 2017 amounted to 4.75%, and on new dinar loans granted to the retail sector 10.6%. The level of average weighted interest rates on retail loans was largely determined by the interest rates on granted cash loans. In December 2017 the average weighted interest rate on newly-granted retail loans in-dexed in the foreign currency amounted to 4.20%, and on loans granted to non-financial legal enti-ties and indexed in the foreign currency to 2.85%.7
Figure 5 - Average Weighted Interest Rates on Total Loans and Deposits
0
2
4
6
8
10
12
in %, annual level
2014 2015 2016 2017
9.44
7.30
5.63
1.84
5.18
2.043.10
4.18
Total bank loans (retail and non-financial sector)*
Total deposits in banks (retail and non-financial sector)**
* Including loans by type, maturity and purpose - newly granted** Including all deposits by maturity - newly acquiredSource: Statistical Bulletin of the NBS, December 2017
The average weighted interest rate on total bank deposits was in 2017 higher than in the previous year by 0.2 percentage points.
7 Statistical Bulletin of the NBS, December 2017
19
Slika 4 - Kamatne stopeR.br. Naziv kamatne stope 2014. 2015. 2016. 2017.
1. Referentna kamatna stopa 8,00% 4,50% 4,00% 3,50%
2. BEONIA 9,45% 2,61% 3,04% 2,27%
3.BELIBOR(u zavisnosti od ročnosti)
9,91 - 9,79% 3,03 - 4,03% 3,00 - 3,66% 2,52 - 3,24%
4.Zbirna prosečno ponderisana kamatna stopa na HoV kojima NBS obavlјa operacije na otvorenom tržištu
6,98% 3,46% 2,89% 2,83%
Izvor podataka: Statistički bilten NBS, decembar 2017. godine, www.nbs.rs
Kamatne stope na međubankarskom tržištu novca (BEONIA i BELIBOR) generalno su pratile stabilan trend tokom 2017. godine.
Prosečno ponderisana kamatna stopa na ukupne kredite banaka u 2017. godini zabeležila je pad u odnosu na nivo koji je imala na kraju prethodne godine i rezultat je dalјeg ublažavanja mera mo-netarne politike. Faktori koji su takođe uticali na ovakvo kretanje kamatnih stopa su niske kamatne stope u zoni evra i jača konkurencija između banaka.
Prosečno ponderisane kamatne stope na novoodobrene dinarske kredite privredi u decembru 2017. godine iznosile su 4,75%, a na novoodobrene dinarske kredite stanovništvu 10,6%. Na visi-nu prosečno ponderisane kamatne stope na kredite odobrene stanovništvu najveći uticaj imale su kamatne stope na odobrene gotovinske kredite. U decembru 2017. godine prosečno ponderisana kamatna stopa na novoodobrene kredite stanovništvu indeksirane u stranoj valuti iznosila je 4,20%, a na novoodobrene kredite nefinansijskim pravnim licima indeksirane u stranoj valuti 2,85%.7
Slika 5 - Prosečno ponderisane kamatne stope na ukupne kredite i depozite
0
2
4
6
8
10
12
2014. 2015. 2016. 2017.
Ukupni krediti banaka (stanovništvo i nefinansijski sektor)*
Ukupni depoziti banaka (stanovništvo i nefinansijski sektor)**
u %, godišnji nivo
9,44
7,30
5,63
1,84
5,18
2,043,10
4,18
* * Obuhvaćeni krediti po vrsti, ročnosti i namenama - novoodobreni poslovi** Obuhvaćeni su svi depoziti po kriterijumu ročnosti - novoodobreni poslovi
Izvor podataka: Statistički bilten NBS, decembar 2017. godine
Prosečno ponderisana kamatna stopa na ukupne depozite kod banaka u 2017. godini viša je u odnosu na prethodnu za 0,2 p.p.
7 Statistički bilten NBS, decembar 2017. godine
20
The FX rate of the dinar against the euro recorded the rather balanced and stable movements in the course of 2017, thus confirming the trend of a relatively stable FX rate in the past five years. Such a trend of the FX dinar rate considerably contributed to the maintenance of low and stable inflation, but also of the inflationary expectations within the country’s financial and corporate sector, which have been kept at the low level for quite a long time.
The nominal and real appreciation of the FX rate of the dinar against the euro at the end of 2017, compared to 2016, amounted to 4%.
Lending activity of banks in 2017 was characterised by the growth of total bank lending, which was realised despite the write-offs of NPLs, which exceeded those from the previous year. Thus, at the end of 2017, the gross accounting value of total loans granted to public enterprises, companies, entrepreneurs, households and the public sector is RSD 1.8 billion, or EUR 15.3 million. Corporate loans recorded growth on the basis of increased lending to companies, and the continued growth was noted in loans to households, primarily determined by the approval of cash loans (including refinancing loans).
Figure 6 - Total Bank Loans at the End of 2017 (Gross Accounting Value)Position at the end of the period, in RSD million / EUR million
Sector Curr. 2016 2017 Index (4/3)
1 2 3 4 5
Public enterprisesRSD 106,176 81,740 77
EUR 860 690 80
CompaniesRSD 831,787 881,511 106
EUR 6,737 7,441 110
EntrepreneursRSD 38,708 39,773 103
EUR 313 336 107
RetailRSD 714,502 782,715 110
EUR 5,789 6,607 114
Public sectorRSD 31,899 29,212 92
EUR 258 247 96
TotalRSD 1,723,072 1,814,951 105
EUR 13,955 15,320 110
The middle FX rate as of 29.12.2017, EUR 1 = RSD 118.4727 / The middle FX rate as of 31.12.2016, EUR 1 = RSD 123.4723 Source: Association of Serbian Banks, Bilbon database
Financial PositionThe financial position of the banking sector of Serbia in 2017 recorded some positive trends:• The balance sheet size of the banking sector of Serbia at the end of 2017 was higher by 4% in
nominal terms, compared to the year before, thus amounting to RSD 3,367,528 million (EUR 28,425 million).
21
Devizni kurs dinara prema evru beleži prilično ujednačeno kretanje i tokom 2017. godine i po-tvrđuje trend relativno stabilnog kursa dinara prema evru u poslednjih pet godina. Ovakvo kretanje deviznog kursa dinara značajno je doprinelo održavanju niske i stabilne inflacije, ali i, dugoročno posmatrano, niskom nivou inflacionih očekivanja u finansijskom i privrednom sektoru zemlјe.
Nominalna i realna aprecijacija deviznog kursa dinara prema evru na kraju 2017. godine u odnosu na kraj 2016. godine iznosila je 4%.
Kreditnu aktivnost banaka u 2017. godini obeležio je rast ukupnih kreditnih plasmana banaka, koji je ostvaren uprkos otpisima problematičnih kredita, koji su nadmašili one iz prethodne godi-ne. Tako na kraju 2017. godine bruto knjigovodstvena vrednost ukupnih kredita odobrenih javnim preduzećima, privrednim društvima, preduzetnicima, stanovništvu i javnom sektoru iznosi 1,8 mi-lijardi dinara, odnosno 15,3 miliona evra. Krediti privredi zabeležili su rast po osnovu povećanog kreditiranja privrednih društava, a nastavlјen je i rast kredita stanovništvu, određen pre svega odo-bravanjem gotovinskih kredita (uklјučujući i kredite za refinansiranje).
Slika 6 - Ukupni krediti na kraju 2017. godine (bruto knjigovodstvena vrednost)stanje na kraju perioda, u mil. din. / mil. evra
Sektor Valuta 2016. 2017. Indeks (4/3)
1 2 3 4 5
Javna preduzećaRSD 106.176 81.740 77EUR 860 690 80
Privredna društvaRSD 831.787 881.511 106EUR 6.737 7.441 110
PreduzetniciRSD 38.708 39.773 103EUR 313 336 107
StanovništvoRSD 714.502 782.715 110EUR 5.789 6.607 114
Javni sektorRSD 31.899 29.212 92EUR 258 247 96
UkupnoRSD 1.723.072 1.814.951 105EUR 13.955 15.320 110
Srednji kurs na dan 29.12.2017. godine 1 evro = 118,4727 din. / srednji kurs na dan 31.12.2016. godine 1 evro = 123,4723 din.Izvor podataka: Udruženje banaka Srbije, Bilbon baza podataka
Finansijska pozicijaFinansijska pozicija bankarskog sektora Srbije u 2017. godini beleži izvesne pozitivne trendove:• Bilansna veličina bankarskog sektora Srbije na kraju 2017. godine nominalno je veća za 4% u
odnosu na kraj prethodne godinu i iznosi 3.367.528 miliona dinara (28.425 miliona evra).
22
Figure 7 - Total Assets, Liabilities and Capital of the Banking Sector of Serbia in RSD million / EUR million
Item Curr. 31.12.2016 31.12.2017 Index
1 2 3 4 4/3
Total assetsRSD 3,245,990 3,367,528 104
EUR 26,289 28,425 108
Total liabilitiesRSD 2,611,706 2,702,254 103
EUR 21,152 22,809 108
CapitalRSD 634,283 665,274 105
EUR 5,137 5,615 109
The middle FX rate as of 29.12.2017, EUR 1 = RSD 118.4727 / The middle FX rate as of 31.12.2016, EUR 1 = RSD 123.4723 Source: Association of Serbian Banks, Bilbon database
In addition to the expected growth of lending activity, another significant factor for the further strengthening of the banking sector’s financial position through increasing profitability as the pri-mary source of capitalisation and financial strength, is a much more intense work on the restructur-ing of economic entities, as the leading clients of commercial banks. The operation of companies in the zone of high business risk directly generates the credit risk, and unless some radical changes are undertaken in this respect, the effects of selling non-performing loans and clearing the banks’ balance sheets will only be short-lived. The sale of non-performing loans by banks during 2017 is another factor which considerably affected the trends of the balance sheet size of banks and the banking sector overall. However, this measure will yield a positive effect in 2018 only if the excess liquidity generated thereof gets profitably invested into loans or high-ranked securities. The success of this business challenge depends not only on the quality of risk management in banks, but primar-ily on the systemic undertakings aimed at the restructuring of the economy.
Figure 8 - Indicators of Balance Sheet Assets Quality and Safetyin %
2014 2015 2016 2017
Standard NPLs ratio * 21.5 21.9 17.2 10.0
NPLs coverage by provisions 113.3 114.0 131.4 133.2
Capital adequacy ratio 20.0 20.9 21.8 22.6
Structure of assets А+B+C 80.3 80.4 84.4 89.9
Sector liquidity indicator 2.2 2.1 2.1 2.0
* NPLs / Total loansSource: National Bank of Serbia, www.nbs.rs
• Measured by the quality indicators of the banking sector’s balance sheet structure, however, the financial position of the banking sector at the end of 2017 still remained satisfactory (clas-sification of balance sheet assets and off-balance sheet items; capital adequacy ratio, liquidity). The quality of balance sheet assets and off-balance sheet items structure from the previous years was kept in 2017 as well, in terms of a high share of higher-ranked balance sheet assets and off-balance sheet items (A, B, C), amounting to 89.9%, in the total classified assets at the end of the year.
23
Slika 7 - Ukupna aktiva, obaveze i kapital bankarskog sektora Srbijeu mil. din. / mil. evra
Element Val. 31.12.2016. 31.12.2017. Indeks
1 2 3 4 4/3
Ukupna aktivaRSD 3.245.990 3.367.528 104EUR 26.289 28.425 108
Ukupne obavezeRSD 2.611.706 2.702.254 103EUR 21.152 22.809 108
KapitalRSD 634.283 665.274 105EUR 5.137 5.615 109
Srednji kurs na dan 29.12.2017. godine 1 evro = 118,4727 din. / srednji kurs na dan 31.12.2016. godine 1 evro = 123,4723 din.Izvor podataka: Udruženje banaka Srbije, Bilbon baza podataka
Osim očekivanog rasta kreditne aktivnosti, za dalјe jačanje finansijske pozicije bankarskog sekto-ra kroz rast profitabilnosti kao primarnog izvora kapitalizacije i veće finansijske snage, bitan činilac je daleko intenzivniji rad na restrukturiranju privrednih subjekata, kao vodećih klijenata poslovnih banaka. Poslovanje preduzeća u zoni visokog poslovnog rizika direktno generiše kreditni rizik, te ukoliko se na ovom planu ne učine korenite promene, to će i efekti prodaje NPL-ova i čišćenja bi-lansa banaka biti kratkog roka. Prodaja problematičnih potraživanja banaka tokom 2017. godine je takođe kriterijum koji je veoma uticao na kretanje bilansne veličine banaka i sektora u celini. Ova mera, međutim, pozitivan efekat u 2018. godini daće samo ukoliko viškovi likvidnosti nastali po ovom osnovu budu profitabilno plasirani u vidu kredita ili hartija sa visokim rejtingom. Uspeh ovog poslovnog izazova ne zavisi samo od kvaliteta upravlјanja rizicima u bankama, već pre svega od sistemskih zahvata na planu restrukturiranja privrede.
Slika 8 - Indikatori kvaliteta bilansne aktive i sigurnostiu %
2014. 2015. 2016. 2017.
Standardni NPL koeficijent* 21,5 21,9 17,2 10,0
Pokrivenost NPL-ova rezervama 113,3 114,0 131,4 133,2Koeficijent adekvatnosti kapitala 20,0 20,9 21,8 22,6
Struktura aktive A+B+V 80,3 80,4 84,4 89,9
Pokazatelј likvidnosti sektora 2,2 2,1 2,1 2,0
* NPL / ukupni kreditiIzvor podataka: Narodna banka Srbije, www.nbs.rs
• Merena indikatorima kvaliteta bilansne strukture bankarskog sektora, finansijska pozicija ban-karskog sektora na kraju 2017. godine i dalјe je zadovolјavajuća (klasifikacija bilansne i vanbi-lansne aktive, koeficijent adekvatnosti kapitala, likvidnost). Kvalitet strukture bilansne aktive i vanbilansnih stavki iz prethodnih godina zadržan je i u 2017. godini, u smislu visokog učešća više rangirane aktive, bilansne i vanbilansne (A, B, V) od 89,9% u ukupno klasifikovanoj aktivi na kraju godine.
24
Figure 9 - Structure of Total Classified Balance Sheet Assets and Off-Balance Sheet Itemsin %
31.12.2015 31.12.2016 30.09.2017
A 50.6 52.5 54.0
B 22.0 22.9 24.5
C 7.8 9.0 9.6
D 3.8 3.1 2.9
E 15.9 12.5 9.1
Total 100.0 100.0 100.0
D and E (% of total assets) 19.6 15.6 12.0
Source: National Bank of Serbia, www.nbs.rs
This indicator can be considered rather satisfactory in the context of the recorded problems in the corporate sector and the increased credit risk exposure of banks. Nevertheless, it should be taken cautiously, bearing in mind the high credit risk that the banks are still exposed to due to the overall position of the corporate sector.
Figure 10 - Non-Performing Loans (NPLs) (Gross Accounting Value)in RSD million / EUR million
Item Curr. 31.12.2015 31.12.2016 31.12.2017Index
2017/2016
Total loansRSD 1,919,659 1,908,842 1,965,640 103
EUR 15,783 15,460 16,592 107
NPLsRSD 420,669 328,991 197,581 60
EUR 3,459 2,664 1,668 63
Share of NPLs in total loans 21.9% 17.2% 10.0% 58
The middle FX rate as of 29.12.2017, EUR 1 = RSD 118.4727 / The middle FX rate as of 31.12.2016, EUR 1 = RSD 123.4723 Source: Association of Serbian Banks, Bilbon database
• The ratio of non-performing loans (NPLs) at the banking sector level, as a percentage of NPLs in the total granted loans portfolio, at the end of 2017 amounted to 10%. This indicator recorded a significant decline in relation to the end of the previous year by 7.2 percentage points, mostly as a result of the sale of NPLs, when the banks noticeably cleared their portfolios from the risk-bearing assets, thus boosting their liquidity.
Broken down by sectors, the largest percentage of non-performing loans has been recorded in the structure of total loans granted to companies (10.97%) and in the structure of total loans granted to entrepreneurs (10.93%), followed by the share in the total loans granted to public enterprises (6.40%) and households (5.63%). Both indicators recorded a decline compared to the end of the previous year.
25
Slika 9 - Struktura ukupno klasifikovane bilansne i vanbilansne aktiveu %
31.12.2015. 31.12.2016. 30.09.2017.
A 50,6 52,5 54,0
B 22,0 22,9 24,5
V 7,8 9,0 9,6
G 3,8 3,1 2,9
D 15,9 12,5 9,1
Ukupno 100,0 100,0 100,0
G i D (u % ukupne aktive) 19,6 15,6 12,0
Izvor podataka: Narodna banka Srbije, www.nbs.rs
Ovaj pokazatelј može se smatrati vrlo dobrim u kontekstu evidentiranih problema u privrednom sektoru zemlјe i povećanoj izloženosti banaka kreditnom riziku. Ipak, trebalo bi ga prihvatiti opre-zno, imajući u vidu visok kreditni rizik kome su banke i dalјe izložene zbog stanja u privrednom sektoru.
Slika 10 - Stanje NPL-ova (bruto knjigovodstvena vrednost)u mil. din. / mil. evra
Element Val. 31.12.2015. 31.12.2016. 31.12.2017. Indeks 2017/2016.
Ukupno odobreni kreditiRSD 1.919.659 1.908.842 1.965.640 103EUR 15.783 15.460 16.592 107
Problematični kreditiRSD 420.669 328.991 197.581 60EUR 3.459 2.664 1.668 63
Učešće problematičnih kredita u ukupnim kreditima
21,9% 17,2% 10,0% 58
Srednji kurs na dan 29.12.2017. godine 1 evro = 118,4727 din. / Srednji kurs na dan 31.12.2016. godine 1 evro = 123,4723 din.Izvor: Udruženje banaka Srbije, Bilbon baza podataka
• Koeficijent problematičnih kredita (NPL-ova) na nivou bankarskog sektora, kao procenat uče-šća ovih kredita u portfoliju ukupno odobrenih kredita, na kraju 2017. godine iznosi 10%. Ovaj indikator zabeležio je značajan pad u odnosu na kraj prethodne godine od 7,2 p.p., uglavnom kao rezultat prodaje problematičnih kredita kojom su banke značajno očistile svoje portfolije od rizične aktive i pobolјšale likvidnost.
Po sektorskoj strukturi posmatrano, najveće učešće NPL-ova zabeleženo je u strukturi ukup-nih kredita odobrenih privrednim društvima (10,97%) i preduzetnicima (10,93%), a zatim sledi učešće u ukupnim kreditima odobrenim javnim preduzećima (6,40%), odnosno stanovništvu (5,63%). Svi indikatori beleže pad u odnosu na kraj prethodne godine.
26
Figure 11 - Sectors with the Highest Percentage of Non-Performing Loans (NPLs)in %
Gross share of NPLs in gross loans approved to: 31.12.2016 31.12.2017
1 2 3
Companies 17.64 10.97
Public enterprises 14.25 6.40
Entrepreneurs 24.37 10.93
Households 9.17 5.63
Source: Association of Serbian Banks, Bilbon database
In the structure of total gross non-performing loans at the sector level, the highest share is re-corded by: - Non-performing loans granted to corporate clients – business companies and public enter-
prises (total of RSD 101,906 million/EUR 860.2 million) with 51.6%, followed by - Non-performing loans granted to retail clients (RSD 44,083 million/EUR 372.1 million)
with 22.3%, and - Non-performing loans granted to non-profit legal entities in bankruptcy (RSD 39,232 mil-
lion/EUR 331.1 million) with 19.9%.• Total liabilities at the sector level recorded a nominal growth by 3% at the end of 2017 com-
pared to the end of the previous year. The share of total liabilities in the structure of balance sheet liabilities at the end of the year amounted to 80.2%.
• Total deposits at the end of 2017 amounted to RSD 1,980,592 million (EUR 16,717 million) and, compared to the position at the end of the previous year, they are nominally higher by 3.1%.
Corporate deposits at the end of 2017 amounted to RSD 704,697 million (EUR 5,948 million) and noted a growth of RSD 41,995 million (EUR 354.5 million) in relation to the previous year. Retail deposits at the end of 2017 amounted to RSD 1,275,895 million (EUR 10,770 million) and, compared to the previous year, they were higher by RSD 17,864 million (EUR 150.8 million).
Figure 12 - Currency Structure of Banks’ Deposit Potentialin RSD million
31.12.2016 % of share 31.12.2017 % of share
1 2 3 4 5
Corporate deposits
RSD + currency clause index 370,304 55.9 402,081 57.1
Foreign currency 292,398 44.1 302,616 42.9
Total 662,702 100.0 704,697 100.0
Retail deposits
RSD + currency clause index 187,076 14.9 201,472 15.8
Foreign currency 1,070,955 85.1 1,074,424 84.2
Total 1,258,031 100.0 1,275,895 100.0
Source: Statistical Bulletin of the NBS, December 2017, www.nbs.rs
The currency structure of corporate deposits recorded a more even proportion – FX deposits ac-count for 42.9%, and dinar deposits for 57.1% of total deposits, while the currency structure of retail deposits has kept the long-standing proportion – FX deposits account for 84.2%, and dinar deposits for only 15.8% of total deposits.• Total capital of the banking sector at the end of 2017 amounted to RSD 665,274 million (EUR
5,615 million) and recorded a slight nominal growth compared to the end of 2016. In the structure of total capital, equity as the dominant position at the end of 2017 amounted
to RSD 402,703 million (EUR 3,399 million), which is by RSD 1,190 million (EUR 10 million)
27
Slika 11 - Sektori sa najvišim procentom NPL-ovau %
Učešće bruto problematičnih kredita u bruto kreditima odobrenim:
31.12.2016. 31.12.2017.
1 2 3
Privrednim društvima 17,64 10,97
Javnim preduzećima 14,25 6,40Preduzetnicima 24,37 10,93
Stanovništvu 9,17 5,63
Izvor: Udruženje banaka Srbije, Bilbon baza podataka
U strukturi ukupnih bruto NPL-ova na nivou sektora najveće učešće imaju: - problematični krediti odobreni privredi – privredna društva i javna preduzeća (ukupno
101.906 miliona dinara, odnosno 860,2 miliona evra) sa 51,6%, zatim - problematični krediti stanovništvu (44.083 miliona dinara, odnosno 372,1 miliona evra) sa
22,3%, i - nefinansijska pravna lica u stečaju (39.232 miliona dinara, odnosno 331,1 miliona evra) sa
19,9%.• Ukupne obaveze na nivou sektora zabeležile su nominalni rast od 3% na kraju 2017. godine u
odnosu na kraj prethodne. Učešće ukupnih obaveza u strukturi bilansne pasive na kraju godine iznosi 80,2%.
• Ukupni depoziti na kraju 2017. godine iznose 1.980.592 miliona dinara (16.717 miliona evra) i u odnosu na stanje na kraju prethodne godine nominalno su veći za 3,1%.
Depoziti privrede na kraju 2017. godine iznose 704.697 miliona dinara (5.948 miliona evra) i be-leže rast za 41.995 miliona dinara (354,5 miliona evra) u odnosu na prethodnu godinu. Depoziti stanovništva na kraju 2017. godine iznose 1.275.895 miliona dinara (10.770 miliona evra) i u odnosu na prethodnu godinu viši su za 17.864 miliona dinara (150,8 miliona evra).
Slika 12 - Valutna struktura depozitnog potencijala banakau mil. din.
31.12.2016. % učešća 31.12.2017. % učešća
1 2 3 4 5
Depoziti privrede
Dinarski + indeksirani deviznom klauzulom
370.304 55,9 402.081 57,1
Devizni 292.398 44,1 302.616 42,9Ukupno 662.702 100,0 704.697 100,0
Depoziti stanovništva
Dinarski + indeksirani deviznom klauzulom
187.076 14,9 201.472 15,8
Devizni 1.070.955 85,1 1.074.424 84,2Ukupno 1.258.031 100,0 1.275.895 100,0
Izvor: Statistički bilten NBS, decembar 2017. godine, www.nbs.rs
Valutna struktura je kod depozita privrede raspoređena u ravnomernijoj proporciji, te tako devi-zni depoziti čine 42,9%, a dinarski 57,1% ukupnih depozita, dok je kod depozita stanovništvu zastu-plјena dugogodišnja proporcija sa čak 84,2% deviznih i samo 15,8% dinarskih depozita.• Ukupan kapital bankarskog sektora na kraju 2017. godine iznosi 665.274 miliona dinara (5.615
miliona evra) i beleži blagi nominalni rast u odnosu na kraj 2016. godine. U strukturi ukupnog kapitala akcijski kapital kao dominantna pozicija na kraju 2017. godine
iznosi 402.703 miliona dinara (3.399 miliona evra), što je za 1.190 miliona dinara (10 miliona
28
more than at the end of 2016. Provisions from profit, as the second largest item in the structure of total capital, at the end of the year amounted to RSD 196,336 million (EUR 1,657 million) which is by 0.2% higher than at the end of the previous year.
Figure 13 - Capital Adequacy Ratio
0
5
10
15
20
25
30
Capital adequacy ratio
Regulatory minimum
2014 2015 20172016
20.0 20.9 21.8 22.6
Source: National Bank of Serbia, www.nbs.rs
• Capital adequacy ratio, as the ratio between capital and credit risk weighted assets increased by the capital requirements for market and operational risks, at the end of 2017, amounted to 22.6% which is by 0.8 percentage points higher than in the previous year (21.8%). This impor-tant indicator is still very good, and it remains far above the prescribed minimum (8%)8. The reason behind it is the high share of less risky assets (A, B, C) in the structure of total classified assets at the sector level.
• The indicators of banks’ liquidity in 2017 ranged from 1.3 to 3.9. Only in three banks this ratio was high (above 4), which indicated a low efficiency in the utilisation of funds. According to the data from the ASB Bilbon database, the average annual liquidity ratio at the sector level at the end of 2017 was 3.1 which leads to the conclusion that the banking sector’s liquidity is at the satisfactory level9.
8 The amendments to the regulations regarding the capital adequacy of banks adopted in December 2016 reduced the minimum value of the capital adequacy ratio from 12% to 8% as of June 2017, thereby equating it to the standard implemented in the European Union.
9 According to the National Bank of Serbia, the annual average liquidity ratio at the end of 2017 is 2.0 at the sector level.
29
evra) više nego na kraju 2016. godine. Rezerve iz dobiti, kao druga po veličini pozicija u struk-turi ukupnog kapitala, na kraju godine iznose 196.336 miliona dinara (1.657 miliona evra) i veće su u odnosu na stanje na kraju prethodne godine za 0,2%.
Slika 13 - Koeficijent adekvatnosti kapitala
0
5
10
15
20
25
30
2014. 2015. 2017.2016.
Koeficijent adekvatnosti kapitala
Zakonski minimum
20,0 20,9 21,8 22,6
Izvor podataka: Narodna banka Srbije, www.nbs.rs
• Koeficijent adekvatnosti kapitala, kao odnos kapitala i kreditnim rizikom ponderisane aktive uvećane kapitalnim zahtevima za tržišne i operativne rizike, na kraju 2017. godine iznosio je 22,6% i za 0,8 p.p. je viši u odnosu na prethodnu godinu (21,8%). Ovaj važan pokazatelј i dalјe je izuzetno dobar i daleko iznad propisanog minimuma (8%).8 Razlog tome je visoko učešće manje rizične aktive (A, B, V) u strukturi ukupno klasifikovane bilansne i vanbilansne aktive na nivou sektora.
• Pokazatelјi likvidnosti banaka u 2017. godini kreću se u rasponu od 1,3 do 3,9. Samo u slučaju tri banke ovaj koeficijent je povišen (iznad 4), što upućuje na nisku efikasnost upotrebe sred-stava. Prema podacima iz Bilbon baze podataka Udruženja banaka Srbije, prosečan pokazatelј likvidnosti na nivou sektora na kraju 2017. godine je 3,1 što ukazuje da je likvidnost bankarskog sektora na zadovolјavajućem nivou.9
8 Izmenama propisa u vezi sa adekvatnošću kapitala banaka koje su usvojene decembra 2016. godine, minimalna vrednost pokazatelјa adekvatnosti kapitala je smanjena sa 12% na 8% počev od juna 2017. godine, čime je izjednačena sa onom koja se primenjuje u Evropskoj uniji.
9 Prema podacima Narodne banke Srbije, prosečan godišnji koeficijent likvidnosti na nivou sektora na kraju 2017. godine je 2,0.
30
Financial ResultThe banking sector of Serbia ended the business year of 2017 with the positive financial result. The
recorded net profit before taxes amounted to RSD 68,693 million/EUR 580 million. Measured by the index numbers, the positive financial result in the recent years has recorded a high upward trend in relation to the base periods, thus in 2017 it was 3.4 times higher than at the end of 2016, while at the end of 2016 it was twice as high as at the end of 2015.
Efficiency indicators of the banking sector in Serbia have been stagnating over the past few years, while profitability indicators increased at the end of 2017 compared to 2016, the rate of return on assets having increased by 1.5 percentage points, and the rate of return on equity having increased by 7.7 percentage points.
Figure 14 - Efficiency and Profitability of the Banking Sector of Serbia
2015
0.07
2015
0.04
0.3% 2.2%
1.6%
2015 2016
0.7%
3.4%
2016
2016
0.04
2016
0.04
2017
0.05
2017
0.04
Efficiency
Profitability
ROA* (Rate of return on assets)
ROE**(Rate of return on equity)
11.1%(4.2%***)
E1 (total operating income/
total assets)
E2 (net interest income/total
assets)
* Profit before taxes/total assets** Profit before taxes/total equity*** After excluding the effects of solving NPLs the ROE would, instead of 11.1%, amount to 4.2%Source: Association of Serbian Banks, Bilbon database
31
Finansijski rezultatBankarski sektor Srbije poslovnu 2017. godinu završio je sa pozitivnim finansijskim rezultatom.
Neto dobit pre oporezivanja iznosi 68.693 miliona dinara, odnosno 580 miliona evra. Mereno in-deksnim brojevima pozitivan finansijski rezultat poslednjih godina beleži visok uzlazni trend u od-nosu na bazne periode, te je tako na kraju 2017. godine 3,4 puta veći od onog na kraju 2016. godine, dok je na kraju 2016. godine bio dva puta veći od onog na kraju 2015. godine.
Indikatori efikasnosti bankarskog sektora Srbije u poslednjih nekoliko godina stagniraju, dok indikatori profitabilnosti beleže rast na kraju 2017. godine u odnosu na 2016. godinu, i to stopa pri-nosa na angažovana sredstva rast od 1,5 p.p, a stopa prinosa na kapital rast od 7,7 p.p.
Slika 14 - Efikasnost i profitabilnost bankarskog sektora Srbije
Efikasnost
Profitabilnost
E1 (ukupni poslovni prihodi/
ukupna aktiva)
E2 (neto prihodi od kamata/
ukupna aktiva)
ROA*(stopa prinosa na aktivu)
ROE** (stopa prinosa na kapital)
2015.
0,07
2015.
0,04
0,3% 2,2%
1,6% 11,1%(4,2%***)
2015. 2017.
0,7%
3,4%
2016.
2016.
0,04
2016.
0,04
2017.
0,05
2017.
0,04
* Dobitak pre oporezivanja/ukupna aktiva** Dobitak pre oporezivanja/ukupan kapital*** Isklјučivanjem efekata rešavanja NPL-ova prinos na kapital bi, umesto 11,1%, iznosio 4,2%
Izvor: Udruženje banaka Srbije, Bilbon baza podataka
32
Concluding remarksThe efforts invested by the monetary and credit policy makers in the past two years to improve
the business environment and investment climate, along with the preserved financial stability in the country and a successfully implemented financial consolidation, resulted in a certain improvement in the financial position and financial performance of the banking sector in Serbia. However, in ad-dition to the favourable macroeconomic environment, the stable and long-term growth of economic activities in Serbia presupposes the intensified restructuring of the economic sector, which has been increasingly struggling to bear the burden of long-term, unresolved structural problems of a signifi-cant number of Serbian companies.
The financial position of the banking sector of Serbia in the course of 2017 did not substantially change compared to 2016. The balance sheet size of the banking sector of Serbia at the end of 2017 recorded a somewhat higher nominal growth of 4% compared to the previous year, amounting to RSD 3,367,528 million (EUR 28,425 million).
Lending activity of banks, after a medium-term period of stagnation and decline, recorded an upward trend in 2017, encouraged by the easing of the monetary policy of the National Bank of Serbia, accompanied by the effects of increased competition among banks, the growth of economic activity and the recovery of the labour market, the decline in the country’s risk premium and low interest rates in the Eurozone. Total loan placements at the end of 2017 were nominally higher by 3% compared to the end of the previous year, whereby the growth was realised despite the write-offs of NPLs, which exceeded those of the previous year.
Broken down by the sector structure, corporate loans (companies and public enterprises) experi-enced a nominal growth by 2.7%, at the end of 2017. Loans granted to entrepreneurs noted a nomi-nal growth by 3%, while retail loans were, in nominal terms, higher by 10% at the end of 2017 than they were at the end of the previous year, which was the result of a considerable drop in the interest rates on FX-indexed loans.
The banking sector in Serbia finished the 2017 business year with a positive financial result. The recorded net profit before taxes amounted to RSD 68,693 million/EUR 580 million, which is by 33.7% higher than in the last year. ROA at the end of 2017 is 2.2% and is by 1.5 percentage points higher in comparison to the previous year, while ROE at the end of 2017 amounted to 11.1%, experi-encing a growth by 7.7 percentage points.
The growth of the net positive business result in 2017 compared to the previous year is certainly encouraging, yet far from satisfactory, given that the current financial result and the business envi-ronment, posing a high business risk due to the problems in the corporate sector, leave no room for profitable business, as a precondition for the desired growth of rates of return on assets and capital. Moreover, the structural imbalances at the banking sector level, along with the huge differences among banks in terms of their financial position and business results, also suggest the necessity of further reforms in the banking sector, as well as the necessity of introducing changes into the opera-tions of a number of banks.
The quality indicators of the banking sector’s balance sheet structure at the end of 2017 remain satisfactory: capital adequacy ratio → 22.6%, coverage of non-performing loans by loss provisions → 133.2% and liquidity ratio → 2.0. This economic contradiction, marked by a decelerated growth of the banking sector’s financial strength indicators and the simultaneous maintenance of its financial stability and liquidity at the satisfactory level, has been present for several years now, and may be explained only by referring to the extremely cautious risk and capital management in banks in Ser-bia, as well as the prudential supervision of banks’ operations, conducted by the national supervisor. Nevertheless, this is a position of high business risk, warning about the banking sector’s resilience and indicating that it is only a matter of time before banks become unable to control the pressures from the domestic and external environment, posing serious challenges to its stability.
33
Zaključna razmatranjaNapori kreatora ekonomske politike zemlјe poslednjih nekoliko godina na planu unapređenja po-
slovnog ambijenta i investicione klime, očuvana finansijska stabilnost zemlјe i uspešno sprovedena finansijska konsolidacija, rezultirali su izvesnim pobolјšanjem finansijske pozicije i finansijskog re-zultata bankarskog sektora Srbije. Stabilan i dugoročni rast privrednih aktivnosti u Srbiji, međutim, osim povolјnog makroekonomskog ambijenta pretpostavlјa i intenziviranje procesa restrukturiranja privrednog sektora, koji poslednjih godina sve teže nosi teret dugoročnih, nerešenih strukturnih problema još uvek značajnog broja srpskih preduzeća.
Finansijska pozicija banakarskog sektora Srbije tokom 2017. godine nije se bitnije promenila u od-nosu na 2016. godinu. Bilansna veličina bankarskog sektora Srbije na kraju 2017. godine nominalno je veća za 4% u odnosu na kraj prethodne godinu i iznosi 3.367.528 miliona dinara (28.425 miliona evra).
Kreditna aktivnost banaka je, nakon srednjoročnog perioda stagnacije i pada, zabeležila ubrzanje tokom 2017. godine, čemu je doprinelo ublažavanje monetarne politike Narodne banke Srbije, uz efekte pojačane konkurencije među bankama, rasta ekonomske aktivnosti praćenog oporavkom tr-žišta rada, pada premije rizika zemlјe i niskih kamatnih stopa u zoni evra. Ukupni kreditni plasmani na kraju 2017. godine nominalno su viši za 3% u odnosu na kraj prethodne godine, pri čemu je rast ostvaren uprkos otpisima problematičnih kredita, koji su nadmašili one iz prethodne godine.
Posmatrano po sektorskoj strukturi, krediti privredi (privredna društva i javna preduzeća) na kraju 2017. godine beleže nominalan rast od 2,7%. Krediti preduzetnicima beleže nominalan rast od 3%, dok su krediti stanovništvu na kraju 2017. godine nominalno viši za 10% u odnosu na kraj pret-hodne godine, čemu je doprineo značajan pad kamatnih stopa na kredite indeksirane u devizama.
Bankarski sektor Srbije poslovnu 2017. godinu završio je sa pozitivnim finansijskim rezultatom. Neto dobit pre oporezivanja iznosi 68.693 miliona dinara, odnosno 580 miliona evra i veća je u odnosu na prethodnu godinu za 33,7%. Stopa prinosa na aktivu (ROA) na kraju 2017. godine iznosi 2,2% i veća je za 1,5 p.p. u poređenju sa godinom pre toga, dok stopa prinosa na kapital (ROE) na kraju 2017. godine iznosi 11,1% i time beleži rast od 7,7 p.p.
Rast pozitivnog rezultata poslovanja u 2017. godini u odnosu na prethodnu godinu svakako je ohrabrujući, ali daleko od zadovolјavajućeg, s obzirom na to da ovakav finansijski rezultat i poslovno okruženje koje predstavlјa zonu visokog poslovnog rizika zbog problema u privrednom sektoru, ne ostavlјaju prostor za profitabilno poslovanje, kao preduslov za želјeni rast stope prinosa na aktivu i kapital. Osim toga, strukturne neravnoteže na nivou samog bankarskog sektora, velike razlike iz-među banaka u finansijskoj poziciji i rezultatima poslovanja, takođe ukazuju na neophodnost dalјih reformi u bankarskom sektoru, ali i neophodnost promena u operativnom poslovanju jednog broja banaka.
Indikatori kvaliteta bilansne strukture bankarskog sektora na kraju 2017. godine još uvek su zadovolјavajući: stopa adekvatnosti kapitala → 22,6%, pokrivenost problematičnih kredita rezer-vacijama za gubitke → 133,2%, odnosno pokazatelј likvidnosti → 2,0. Ova ekonomska nelogičnost, u kojoj dolazi do usporavanja rasta indikatora finansijske snage bankarskog sektora uz istovremeno održavanje njegove finansijske stabilnosti i likvidnosti na zadovolјavajućem nivou, prisutna je već više godina i može se objasniti samo vrlo pažlјivim upravlјanjem rizicima i kapitalom u bankama u Srbiji, ali i prudencionom supervizijom poslovanja banaka, koju sprovodi nacionalni supervizor. I pored toga, reč je o poziciji visokog poslovnog rizika, koja upozorava na izdržlјivost bankarskog sektora i ukazuje da je pitanje vremena, u kome će banke moći da upravlјaju i kontrolišu pritiske iz domaćeg i spolјnog okruženja, koji su ozbilјan izazov njegovoj stabilnosti.
34
Balance Sheet as of 31.12.2017
ITEM In RSD thousand In EUR thousand*
А АSSETS A.I Cash and funds at the central bank 472,150,025 3,985,307
A.II Pledged financial assets 5,334,005 45,023
A.IIITradable financial assets at fair value through the income statement
26,244,216 221,521
A.IVFinancial assets initially recognised at fair value through the income statement
7,270,374 61,368
A.V Tradable financial assets 553,816,317 4,674,632
A.VI Financial assets held to maturity 59,474,192 502,008
A.VIILoans and receivables from banks and other financial organisations
177,314,832 1,496,673
A.VIII Loans and receivables from the clients 1,926,565,172 16,261,680
A.IX Changes in fair value of items subject to risk protection 193,560 1,634
A.XReceivables in respect of financial derivatives aimed at risk protection
90,443 763
A.XI Investments in affiliated companies and joint ventures 2,752,164 23,230
A.XII Investments in dependent companies 19,791,221 167,053
A.XIII Intangible investments 11,461,832 96,747
A.XIV Property, premises and equipment 52,200,066 440,608
A.XV Investment property 15,291,006 129,068
A.XVI Current tax assets 73,556 621
A.XVII Deferred tax assets 2,446,222 20,648
A.XVIII Fixed assets for sale and assets from discontinued operations 3,065,580 25,876
A.XIX Other assets 31,993,354 270,048
A.XXTOTAL ASSETS (items from 0001 to 0019 in the balance sheet)
3,367,528,137 28,424,507
P LIABILITIES AND EQUITY 0
PO LIABILITIES 0
PO.ITradable financial liabilities at fair value through the income statement
456,196 3,851
PO.IIFinancial liabilities initially recognised at fair value through the income statement
0 0
PO.IIILiabilities in respect of financial derivatives aimed at risk protection
573,464 4,840
PO.IVDeposits and other liabilities towards banks, other financial organisations and the central bank
379,451,092 3,202,857
PO.V Deposits and other liabilities towards other clients 2,232,795,869 18,846,501
PO.VI Changes in fair value of items subject to risk protection 206 2
PO.VII Issued own securities and other borrowed funds 66 1
PO.VIII Subordinated liabilities 33,289,846 280,992
PO.IX Provisions 11,160,149 94,200
35
Bilans stanja sa stanjem na dan 31.12.2017.
POZICIJA U hilјadama dinara U hilјadama evra*
A AKTIVA A.I Gotovina i sredstva kod centralne banke 472.150.025 3.985.307
A.II Založena finansijska sredstva 5.334.005 45.023
A.IIIFinansijska sredstva po fer vrednosti kroz bilans uspeha namenjena trgovanju
26.244.216 221.521
A.IVFinansijska sredstva koja se inicijalno priznaju po fer vrednosti kroz bilans uspeha
7.270.374 61.368
A.V Finansijska sredstva raspoloživa za prodaju 553.816.317 4.674.632
A.VI Finansijska sredstva koja se drže do dospeća 59.474.192 502.008
A.VIIKrediti i potraživanja od banaka i drugih finansijskih organizacija
177.314.832 1.496.673
A.VIII Krediti i potraživanja od komitenata 1.926.565.172 16.261.680
A.IX Promene fer vrednosti stavki koje su predmet zaštite od rizika 193.560 1.634
A.XPotraživanja po osnovu finansijskih derivata namenjenih zaštiti od rizika
90.443 763
A.XI Investicije u pridružena društva i zajedničke poduhvate 2.752.164 23.230
A.XII Investicije u zavisna društva 19.791.221 167.053
A.XIII Nematerijalna ulaganja 11.461.832 96.747
A.XIV Nekretnine, postrojenja i oprema 52.200.066 440.608
A.XV Investicione nekretnine 15.291.006 129.068
A.XVI Tekuća poreska sredstva 73.556 621
A.XVII Odložena poreska sredstva 2.446.222 20.648
A.XVIIIStalna sredstva namenjena prodaji i sredstva poslovanja koje se obustavlјa
3.065.580 25.876
A.XIX Ostala sredstva 31.993.354 270.048
A.XXUKUPNO AKTIVA (pozicije pod AOP oznakama od 0001 do 0019 u bilansu stanja)
3.367.528.137 28.424.507
P PASIVA 0PO OBAVEZE 0
PO.IFinansijske obaveze po fer vrednosti kroz bilans uspeha namenjene trgovanju
456.196 3.851
PO.IIFinansijske obaveze koje se inicijalno priznaju po fer vrednosti kroz bilans uspeha
0 0
PO.IIIObaveze po osnovu finansijskih derivata namenjenih zaštiti od rizika
573.464 4.840
PO.IVDepoziti i ostale obaveze prema bankama, drugim finansijskim organizacijama i centralnoj banci
379.451.092 3.202.857
PO.V Depoziti i ostale obaveze prema drugim komitentima 2.232.795.869 18.846.501
PO.VI Promene fer vrednosti stavki koje su predmet zaštite od rizika 206 2
PO.VIIIzdate sopstvene hartije od vrednosti i druga pozajmlјena sredstva
66 1
PO.VIII Subordinirane obaveze 33.289.846 280.992
36
ITEM In RSD thousand In EUR thousand*
PO.XLiabilities in respect of assets for sale and assets from discontinued operations
0 0
PO.XI Current tax liabilities 1,482,920 12,517
PO.XII Deferred tax liabilities 796,836 6,726
PO.XIII Other liabilities 42,247,152 356,598
PO.XIVTOTAL LIABILITIES (items from 0401 to 0413 in the balance sheet)
2,702,253,796 22,809,084
CAPITAL 0
PO.XV Shareholders’ equity 402,703,162 3,399,122
PO.XVI Own shares 500 4
PO.XVII Profit 100,738,621 850,311
PO.XVIII Loss 34,502,757 291,230
PO.XIX Provisions 196,335,815 1,657,224
PO.XX Unrealised losses 0 0
PO.XXI
TOTAL CAPITAL (result of summation and deduction of the following ADP categories from the balance sheet: 0415 - 0416 + 0417 - 0418 + 0419 - 0420) ≥ 0
665,274,341 5,615,423
PO.XXII
TOTAL LACK OF CAPITAL (result of summation and deduction of the following ADP categories from the balance sheet: 0415 - 0416 + 0417 - 0418 + 0419 - 0420) < 0
0 0
PO.XXIII
TOTAL LIABILITIES (result of summation and deduction of the following ADP categories from the balance sheet: 0414 + 0422 - 0423)
3,367,528,137 28,424,507
* Official middle rate of exchange of the dinar against the EUR, as of 29.12.2017, was applied - EUR 1 = RSD 118.4727
37
POZICIJA U hilјadama dinara U hilјadama evra*
PO.IX Rezervisanja 11.160.149 94.200
PO.XObaveze po osnovu sredstava namenjenih prodaji i sredstva poslovanja koje se obustavlјa
0 0
PO.XI Tekuće poreske obaveze 1.482.920 12.517
PO.XII Odložene poreske obaveze 796.836 6.726
PO.XIII Ostale obaveze 42.247.152 356.598
PO.XIVUKUPNO OBAVEZE (pozicije pod AOP oznakama od 0401 do 0413 u bilansu stanja)
2.702.253.796 22.809.084
KAPITAL 0PO.XV Akcijski kapital 402.703.162 3.399.122
PO.XVI Sopstvene akcije 500 4
PO.XVII Dobitak 100.738.621 850.311
PO.XVIII Gubitak 34.502.757 291.230
PO.XIX Rezerve 196.335.815 1.657.224
PO.XX Nerealizovani gubici 0 0
PO.XXI
UKUPNO KAPITAL (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa stanja: 0415 - 0416 + 0417 - 0418 + 0419 - 0420) ≥ 0
665.274.341 5.615.423
PO.XXII
UKUPAN NEDOSTATAK KAPITALA (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa stanja: 0415 - 0416 + 0417 - 0418 + 0419 - 0420) < 0
0 0
PO.XXIIIUKUPNO PASIVA (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa stanja: 0414 + 0422 - 0423)
3.367.528.137 28.424.507
* Primenjen je zvanični srednji kurs dinara u odnosu na evro, sa stanjem na dan 29.12.2017. godine - 1 EUR = 118,4727 RSD
38
Income Statement for the Period 01.01 - 31.12.2017
ITEM In RSD thousand In EUR thousand*
I.a Interest income 143,468,716 1,210,985
I.b Interest expenses 22,545,228 190,299
I.1 Net interest income (result of deduction of the following ADP categories from the income statement: 1001 - 1002)
120,923,488 1,020,687
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 54,650,717 461,294
II.b Expenditures in respect of fees and commissions 17,329,278 146,272
II.1 Net income from fees and commissions (result of deduction of the following ADP categories from the income statement: 1005
- 1006)37,321,439 315,021
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 tradable financial assets 2,648,334 22,354
III.2 Net loss in respect of tradable financial assets 844,588 7,129
IV.1 Net profit in respect of risk protection 11,295 95
IV.2 Net loss in respect of risk protection 141,441 1,194
V.1 Net profit in respect of financial assets initially recognised at fair value through the income statement
79,867 674
V.2 Net loss in respect of financial assets initially recognised at fair value through the income statement
11,188 94
VI.1 Net profit in respect of financial assets available for sale 728,213 6,147
VI.2 Net loss in respect of financial assets available for sale 26,470 223
VII.1 Net income from exchange rate differentials and effects of the arranged currency clause
8,540,488 72,088
VII.2 Net expenditures in respect of exchange rate differentials and effects of the arranged currency clause
376,155 3,175
VIII.1 Net profit from investments into affiliated companies and joint ventures
120,685 1,019
VIII.2 Net loss in respect of investments in affiliated companies and joint ventures
0 0
IX Other business revenues 20,485,334 172,912
X.1 Net income in respect of financial assets impairment and off-balance sheet items incurring credit risk
6,150,978 51,919
X.2 Net expenditures in respect of financial assets impairment and off-balance sheet items incurring credit risk
13,592,082 114,728
39
Bilans uspeha za period 01.01. do 31.12.2017.
POZICIJA U hilјadama dinara U hilјadama evra*
I.a Prihodi od kamata 143.468.716 1.210.985
I.b Rashodi od kamata 22.545.228 190.299
I.1 Neto prihod po osnovu kamata (rezultat oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1001 - 1002)
120.923.488 1.020.687
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 54.650.717 461.294
II.b Rashodi naknada i provizija 17.329.278 146.272
II.1 Neto prihod po osnovu naknada i provizija (rezultat oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1005 - 1006)
37.321.439 315.021
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 finansijskih sredstava namenjenih trgovanju
2.648.334 22.354
III.2 Neto gubitak po osnovu finansijskih sredstava namenjenih trgovanju
844.588 7.129
IV.1 Neto dobitak po osnovu zaštite od rizika 11.295 95
IV.2 Neto gubitak po osnovu zaštite od rizika 141.441 1.194
V.1 Neto dobitak po osnovu finansijskih sredstava koja se inicijalno priznaju po fer vrednosti kroz bilans uspeha
79.867 674
V.2 Neto gubitak po osnovu finansijskih sredstava koja se inicijalno priznaju po fer vrednosti kroz bilans uspeha
11.188 94
VI.1 Neto dobitak po osnovu finansijskih sredstava raspoloživih za prodaju
728.213 6.147
VI.2 Neto gubitak po osnovu finansijskih sredstava raspoloživih za prodaju
26.470 223
VII.1 Neto prihod od kursnih razlika i efekata ugovorene valutne kaluzule
8.540.488 72.088
VII.2 Neto rashod od kursnih razlika i efekata ugovorene valutne kaluzule
376.155 3.175
VIII.1 Neto dobitak po osnovu investicija u pridružena društva i zajedničke poduhvate
120.685 1.019
VIII.2 Neto gubitak po osnovu investicija u pridružena društva i zajedničke poduhvate
0 0
IX Ostali poslovni prihodi 20.485.334 172.912
X.1 Neto prihod po osnovu umanjenja obezvređenja finansijskih sredstava i kreditno rizičnih vanbilansnih stavki
6.150.978 51.919
X.2 Neto rashod po osnovu obezvređenja finansijskih sredstava i kreditno rizičnih vanbilansnih stavki
13.592.082 114.728
40
ITEM In RSD thousand In EUR thousand*
XI.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) ≥ 0
182,129,810 1,537,315
XI.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) < 0
111,613 942
XII Costs of salaries, wages and other personal expenses 42,363,013 357,576
XIII Amortisation costs 6,894,921 58,198
XIV Other expenditures 64,067,254 540,777
XV.1
PROFIT BEFORE TAX (result of summation and deduction of the following ADP categories from the income statement: 1024 - 1025 - 1026 - 1027 - 1028) ≥ 0
73,891,991 623,705
XV.2
LOSS BEFORE TAX (result of summation and deduction of the following ADP categories from the income statement: 1024 - 1025 - 1026 - 1027 - 1028) < 0
5,198,982 43,883
XVI Profit tax 4,284,819 36,167
XVII.1 Profit in respect of deferred taxes 1,641,205 13,853
XVII.2 Loss in respect of deferred taxes 2,473,404 20,877
XVIII.1
PROFIT AFTER TAX (result of summation and deduction of the following ADP categories from the income statement: 1029 - 1030 - 1031 + 1032 - 1033) ≥ 0
68,871,752 581,330
XVIII.2
LOSS AFTER TAX (result of summation and deduction of the following ADP categories from the income statement: 1029 - 1030 - 1031 + 1032 - 1033) < 0
5,295,761 44,700
XIX.1 Net profit from discontinued operations 0 0
XIX.2 Net loss from discontinued operations 0 0
XX.1
RESULT OF THE PERIOD – PROFIT (result of summation and deduction of the following ADP categories from the income statement: 1034 - 1035 + 1036 - 1037) ≥ 0
68,871,752 581,330
XX.2
RESULT OF THE PERIOD – LOSS (result of summation and deduction of the following ADP categories from the income statement: 1034 - 1035 + 1036 - 1037) < 0
5,295,761 44,700
* Official middle rate of exchange of the dinar against the EUR, as of 29.12.2017, was applied - 1 EUR = 118.4727 RSD
41
POZICIJA U hilјadama dinara U hilјadama evra*
XI.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) ≥ 0
182.129.810 1.537.315
XI.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) < 0
111.613 942
XII Troškovi zarada, naknada zarada i ostali lični rashodi 42.363.013 357.576
XIII Troškovi amortizacije 6.894.921 58.198
XIV Ostali rashodi 64.067.254 540.777
XV.1
DOBITAK PRE OPOREZIVANјA (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1024 - 1025 - 1026 - 1027 - 1028) ≥ 0
73.891.991 623.705
XV.2
GUBITAK PRE OPOREZIVANјA (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1024 - 1025 - 1026 - 1027 - 1028) < 0
5.198.982 43.883
XVI Porez na dobitak 4.284.819 36.167
XVII.1 Dobitak po osnovu odloženih poreza 1.641.205 13.853
XVII.2 Gubitak po osnovu odloženih poreza 2.473.404 20.877
XVIII.1
DOBITAK NAKON OPOREZIVANјA (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1029 - 1030 - 1031 + 1032 - 1033) ≥ 0
68.871.752 581.330
XVIII.2
GUBITAK NAKON OPOREZIVANјA (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1029 - 1030 - 1031 + 1032 - 1033) < 0
5.295.761 44.700
XIX.1 Neto dobitak poslovanja koje se obustavlјa 0 0
XIX.2 Neto gubitak poslovanja koje se obustavlјa 0 0
XX.1 REZULTAT PERIODA – DOBITAK (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1034 - 1035 + 1036 - 1037) ≥ 0
68.871.752 581.330
XX.2 REZULTAT PERIODA – GUBITAK (rezultat sabiranja, odnosno oduzimanja sledećih AOP oznaka iz bilansa uspeha: 1034 - 1035 + 1036 - 1037) < 0
5.295.761 44.700
* Primenjen je zvanični srednji kurs dinara u odnosu na evro, sa stanjem na dan 29.12.2017. godine - 1 EUR = 118,4727 RSD
42
For the sixth consecutive year, the National Bank of Serbia has been successfully meet-
ing its goals and delivering results, thereby ac-tively contributing to the improvement of the business environment, economic development and growth of the living standards of citizens. For more than five years inflation rates have stayed around 2%. As of 2017, the inflation tar-get was lowered to 3±1.5% and throughout the whole year inflation moved within the new, low-er target band, with anchored inflation expecta-tions. Despite the uncertainties stemming from the international environment, relative stability of the dinar exchange rate was preserved.
The National Bank of Serbia ended the year as a net buyer of euros at the foreign exchange market, thus additionally boosting foreign ex-change reserves. The financial system is safe
and resilient – the bank regulatory framework has been improved, ensuring high compliance with the EU regulations. Major success has been achieved in bringing the share of non-perform-ing loans below the pre-crisis level.
In 2017 the National Bank of Serbia invested a lot of efforts in developing the most advanced ways of payment. The NBS prepared the Draft Law on Interchange Fees and Special Operat-ing Rules for Card-Based Payment Transactions, and with the aim of making state-of-the-art forms of payments available to the citizens, it initiated the establishment of an instant pay-ment system. In 2018 the NBS will continue to use all instruments at its disposal to keep infla-tion low and stable, which is, together with safe-guarding of financial stability, the best way of contributing to sustainable economic growth.
NATIONAL BANK OF SERBIA
Kralja Petra 12, 11000 Beograd www.nbs.rs
43
Narodna banka Srbije već šestu godinu za
redom uspešno ispunja-va svoje cilјeve i ostvaruje rezultate kojima aktivno doprinosi unapređenju poslovnog okruženja, eko-nomskom razvoju zemlјe i rastu životnog standarda građana. Duže od pet go-dina stope inflacije kreću se oko 2%. Za 2017. godi-nu inflacioni cilј snižen je na 3±1,5% i tokom cele godine inflacija se kretala u granicama novog, nižeg cilјa, uz usidrena inflacio-na očekivanja. I pored ne-izvesnosti koje su dolazile iz međunarodnog okru-ženja očuvana je relativna stabilnost kursa dinara.
NBS je godinu završi-la kao neto kupac evra na deviznom tržištu, čime su dodatno ojačane devizne rezerve. Finansijski sistem je siguran i otporan – una-pređen je regulatorni okvir za banke, čime je postig-nuta visoka usklađenost domaćih propisa sa pro-pisima EU. Veliki uspeh je postignut u smanjenju učešća problematičnih kredita na nivo ispod pret-kriznog nivoa.
I u prethodnoj godini učinjeni su veliki napori na razvoju najsavremenijih oblika plaćanja. NBS je pripremila Nacrt Zakona o međubankarskim naknadama i posebnim pravilima poslova-nja kod platnih transakcija na osnovu platnih kartica, a sa želјom da se građanima obezbedi najmoderniji način plaćanja, pokrenuto je us-
postavlјanje platnog sistema za instant plaćanja. I u 2018. godini, kao i do sada, Narodna banka Srbije će koristiti sve instrumente kako bi infla-cija ostala niska i stabilna, što je uz očuvanje fi-nansijske stabilnosti, najbolјi način na koji NBS doprinosi održivom privrednom rastu.
NARODNA BANKA SRBIJE
Kralja Petra 12, 11000 Beograd www.nbs.rs
Dr Jorgovanka Tabaković, guverner NBS / NBS Governor
44
The dynamic trend of changes in the busi-ness environment has set the priorities in
the business orientation of the Association of Serbian Banks in 2017, with the aim for the ASB to remain a worthy business partner of the banks. Among other things, this includes helping the banks concerning risk manage-ment and harmonization with the internation-al standards defined by the Basel Committee on Banking Supervision, implementation of international accounting standards, realiza-tion of the compliance function, etc. Further development and advancement of the servic-es the ASB provides to the banks through its Credit Bureau, Bank Training Centre and its publishing activities are evident. Moreover, in 2017, the expansion of IT operations contin-ued, hence, in accordance with the decision of the National Bank of Serbia as of 21.12.2016, after fulfilling all organisational, staff and
technical requirements for stable operations as the Payment System Operator, the new ASB Cheque Clearing System started operating as of 6 March 2017, and the new ASB Direct Debit Clearing System started operating as of 10 May 2017.
With the intention to provide the highest quality results in the security segment, the ASB Security Committee was formed within the Association of Serbian Banks, which also ad-dresses the questions of bank clients' security. Among the total of 14 expert ASB committees for specific segments of banking operations, the ASB Digital Banking Committee has been oper-ating for several years, having in mind that digi-tal transformation is one of the most important trends in banking today.
For several years the Association of Ser-bian Banks has been particularly dedicated to promoting financial education and finan-cial literacy through numerous national and international projects. Thus, since October 2017, the ASB has been a partner of the Min-istry of Education, Science and Technological Development of the Republic of Serbia on the FinPis Project - Financial Literacy in the Sys-tem of Education and Training of the Republic of Serbia. The goal of the project is to timely work with the children through multiple sub-ject competencies, so that they would grow into capable and responsible users of financial services in the future. International coopera-tion with the European Banking Federation in Brussels resulted in the third consecutive par-ticipation in the European Money Week, from 13-19 March 2017, an initiative supported by the banking associations throughout Europe, to promote financial education and financial literacy for children, youth and all citizens. In co-operation with the banks, the ASB organ-ised suitable activities for the children of all ages, including kindergarten visits, interactive workshops for primary school pupils, lectures for high school students, and a visit to the ASB Credit Bureau.
ASSOCIATION OF SERBIAN BANKS
Bulevar kralja Aleksandra 86, 11000 Beograd www.ubs-asb.com
Učimo o finansijamazajedno!
45
Dinamičan trend promena u poslovnom okruženju opredelio je prioritete u poslov-
noj orijentaciji Udruženja banaka Srbije i tokom 2017. godine, sa ciljem da ono ostane dostojan poslovni partner bankama. To, između ostalog, obuhvata pružanje pomoći bankama na planu upravljanja rizicima i približavanje međuna-rodnim standardima koje je definisao Bazelski komitet za bankarsku superviziju, uvođenje međunarodnih računovodstvenih standarda, realizaciju komplajans funkcije, itd. Evidentan je dalji razvoj i unapređenje usluga koje UBS bankama pruža kroz Kreditni biro, Centar za bankarsku obuku i izdavačku delatnost. Osim toga, u 2017. godini nastavljeno je širenje de-latnosti na informatičkom planu, te je tako, u skladu sa rešenjem Narodne banke Srbije od 21.12.2016. godine, nakon ispunjavanja svih or-ganizacionih, kadrovskih i tehničkih uslova za stabilan rad u funkciji operatora platnog siste-ma, 6. marta 2017. godine u produkciju pušten novi sistem kliringa čekova UBS, a 10. maja 2017. godine novi sistem kliringa direktnih za-duženja UBS.
Sa namerom da se u segmentu bezbednosti pruže što kvalitetniji rezultati, pri Udruženju banaka Srbije formiran je Odbor za bezbednost, koji razmatra i pitanja bezbednosti bankarskih klijenata. Među ukupno 14 stručnih odbora UBS posvećenih pojedinačnim segmentima
bankarskog poslovanja od pre nekoliko godina funkcioniše i Odbor za digitalno bankarstvo, imajući u vidu da je digitalna transformacija jedan od najznačajnijih trendova u bankarstvu danas.
Udruženje banaka Srbije već nekoliko godina posebno je posvećeno promovisanju finansijske edukacije i finansijske pismenosti kroz brojne nacionalne i međunarodne projekte. Tako je od oktobra 2017. godine UBS partner Ministarstva prosvete, nauke i tehnološkog razvoja Republi-ke Srbije na projektu FinPis - Finansijsko opi-smenjavanje u sistemu obrazovanja i vaspitanja Republike Srbije. Cilj projekta jeste pravovre-meni rad sa decom kroz međupredmetne kom-petencije, kako bi ona izrasla u osposoblјene i odgovorne korisnike finansijskih usluga u bu-dućnosti. Međunarodna saradnja sa Evropskom bankarskom federacijom iz Brisela rezultirala je trećim uzastopnim učešćem u Evropskoj nede-lji novca od 13. do 19. marta 2017. godine, inici-jativi koju podržavaju udruženja banaka širom Evrope radi promovisanja finansijske edukacije i finansijske pismenosti dece, omladine i svih građana. U saradnji sa bankama, Udruženje banaka je tim povodom organizovalo prigod-ne aktivnosti za decu svih uzrasta, uključujući posete vrtiću, interaktivne radionice za đake u osnovnoj školi, predavanja za učenike srednjih škola, kao i posetu Kreditnom birou UBS.
UDRUŽENJE BANAKA SRBIJE
Bulevar kralja Aleksandra 86, 11000 Beograd www.ubs-asb.com
46
In 2017 Addiko Bank initiated the process of changing its corporate culture through
the comprehensive digital transformation of its business. One of the first steps was the introduction of a digital platform through which the offer of products and services has been innovatively expanded to keep pace with the contemporary needs and be available to the clients at all times. On the one hand, Ad-diko delivers innovative digital services such as payments from a contact in your mobile phone through Viber banking, and on the other hand, its employees are organized in a different way from other banks operating in the region. This has been implemented through the Target Operational Model and Balanced Activity Project which refers to the activities other than those constituting the bank’s core business. Through its numerous partnerships, Addiko Bank has created a dif-ferent ecosystem that moves the boundaries of the traditional banking market.
All the activities carried out during the trans-formation process were based on Addiko's con-cept of "straightforward banking", focusing on essence, efficiency and simplicity of doing busi-ness, which has been broadly accepted by the employees and clients of Addiko Bank.
Addiko Bank a.d. Belgrade is a part of an international financial group based in Vienna, Austria. Since mid-2016, Addiko Group has been present under the same name in the five markets in addition to Austria: Serbia, Croatia, Bosnia and Herzegovina, Slovenia and Monte-negro. Addiko Group is owned by the US in-vestment fund Advent International and the European Bank for Reconstruction and Devel-opment (EBRD).
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 94,116 94.116 794 794
Total Capital / Ukupni kapital 21,945 21.945 185 185
Equity Capital / Akcijski kapital 20,545 20.545 173 173
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 21.84% 21,84%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 1.33% 1,33%
Return on Equity / Stopa prinosa na kapital 5.84% 5,84%
Number of Employees / Broj zaposlenih 595 595
Organizational Structure Organizaciona mreža
Head Office, 38 Branch Offices Centrala, 38 ekspozitura
ADDIKO BANK A.D. BEOGRAD Bulevar Mihajla Pupina 6, 11070 Novi Beograd www.addiko.rs
47
Tokom 2017. godine Addiko banka je inicirala proces promene korporativne kulture kroz
sveukupnu digitalnu transformaciju poslovanja. Jedan od prvih koraka bilo je uvođenje digital-ne platforme putem koje je na inovativan način proširena ponuda proizvoda i usluga koji idu u korak sa savremenim potrebama života i koji su dostupni klijentima u svakom trenutku. Sa jed-
ne strane Addiko banka isporučuje inovativne, digitalne usluge kao što je plaćanje kontaktima iz mobilnog telefona kroz Viber bankarstvo, a sa druge strane zaposleni su organizovani na drugačiji način od ostalih banaka koje posluju u regionu što je sprovedeno kroz projekat Cilja-nog operativnog modela i balansirane aktivno-sti koje nisu iz domena osnovnog posla banke. Addiko banka je kroz brojna partnerstva kreira-la ekosistem koji je drugačiji i koji pomera gra-nice tradicionalnog bankarskog tržišta.
Sve sprovedene aktivnosti tokom procesa promena oslanjaju se na Addiko koncept „prak-tičnog bankarstva" koji se zasniva na suštini, efikasnosti i jednostavnosti u poslovanju, a koji je odlično prihvaćen među zaposlenima i kli-jentima Addiko banke.
Addiko banka a.d. Beograd je deo međuna-rodne finansijske grupacije sa sedištem u Beču, Austrija. Addiko Grupa od sredine 2016. godine pod tim imenom posluje, pored Austrije, na tr-žištu pet zemalja: Srbije, Hrvatske, Bosne i Her-cegovine, Slovenije i Crne Gore. Vlasnik Addi-ko Grupe su američki investicioni fond Advent International i Evropska banka za obnovu i ra-zvoj (EBRD).
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 94,116 94.116 794 794
Total Capital / Ukupni kapital 21,945 21.945 185 185
Equity Capital / Akcijski kapital 20,545 20.545 173 173
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 21.84% 21,84%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 1.33% 1,33%
Return on Equity / Stopa prinosa na kapital 5.84% 5,84%
Number of Employees / Broj zaposlenih 595 595
Organizational Structure Organizaciona mreža
Head Office, 38 Branch Offices Centrala, 38 ekspozitura
ADDIKO BANK A.D. BEOGRAD Bulevar Mihajla Pupina 6, 11070 Novi Beograd www.addiko.rs
48
Throughout its long history, AIK Bank has gained the reputation of a reliable, stable
and efficient financial institution that provides high-quality banking services in line with the modern banking trends and focuses on its cli-ents’ needs, the fulfillment of which is the in-dicator of success. The bank is considerably ac-tive in the field of digital services development, especially in the segment of retail clients and SMEs. Electronic and mobile banking enables the clients to access the bank’s services 24/7. In addition, the bank traditionally continues to focus on corporate clients in need of financial support for the purpose of further growth and development.
One of the main strategic goals of AIK Bank is to strengthen its position both on the domes-tic and regional market. Alongside the 100% stake acquisition in Jubank (formerly Alpha Bank), which fortified its position on the local market, through its equity share in Gorenjska Bank a.d. Kranj, AIK Bank has started to ex-pand its business operations outside the Serbian market, i.e. on the EU market. The cooperation in the banking segment generates the condi-tions for a continued cooperation in other fields of economy as well, thereby strengthening the economic competitiveness of the entire region.
Moreover, AIK Bank provides support to the development of local communities and the bet-terment of their quality of life. This support is reflected in continuous investments and inno-
vations; adherence to the highest levels of pro-fessionalism and business ethics; respect for its business partners, customers and consumers; demonstrated environmental awareness and environmental protection; as well as its care for the broader social issues.
AIK Bank won the Best Commercial Bank in Serbia award by the renowned international magazine International Banker in 2015, 2016 and 2017. Winning this award for three consec-utive years serves as an acknowledgment of AIK Bank and its successful business operations.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 209,360 209.360 1,767 1.767
Total Capital / Ukupni kapital 61,162 61.162 516 516
Equity Capital / Akcijski kapital 27,196 27.196 230 230
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 26.23% 26,23%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 7.09% 7,09%
Return on Equity / Stopa prinosa na kapital 44.42% 44,42%
Number of Employees / Broj zaposlenih 768 768
Organizational Structure Organizaciona mreža
Head Office, 28 Bank Branches, 34 Branch Offices, 1 Cash OfficeCentrala, 28 filijala, 34 ekspozitura, 1 šalter
AIK BANKA A.D. BEOGRAD Bulevar Mihaila Pupina 115đ, 11070 Novi Beograd www.aikbanka.rs
49
Kroz svoj dugogodišnji istorijat, AIK Banka je stekla ugled pouzdane, stabilne i efika-
sne finansijske institucije, posvećene pružanju bankarskih usluga visokog kvaliteta u skladu sa trendovima savremenog bankarstva i foku-sirane na potrebe klijenata, čije zadovoljstvo predstavlja merilo uspeha. Banka je izuzetno aktivna na polju razvoja digitalnih servisa, po-sebno u segmentu stanovništva i malih i sred-njih preduzeća. Elektronsko i mobilno bankar-stvo omogućavaju našim klijentima dostupnost
usluga 24/7. Pored toga, banka je tradicionalno i dalje okrenuta privredi kojoj je neophodna fi-nansijska podrška za dalji rast i razvoj.
Jedan od osnovnih strateških ciljeva AIK Banke jeste jačanje pozicije kako na domaćem, tako i na regionalnom tržištu. Pored akvizicije 100% udela u Jubanci (prethodno Alpha banci), čime je ojačala svoju poziciju na domaćem trži-štu, kroz udeo u kapitalu Gorenjske banke a.d. Kranj započeto je širenje poslovnih aktivnosti van tržišta Srbije, odnosno na tržištu EU. Šire-njem saradnje na polju bankarskog poslovanja, stvaraju se pretpostavke za razvoj saradnje i u drugim oblastima privrede, što doprinosi jača-nju ekonomske konkurentnosti čitave regije.
AIK Banka predstavlja snažan oslonac razvo-ju lokalne zajednice i doprinosi boljem kvalitetu života. To se ogleda u kontinuiranim ulaganji-ma i inovacijama, poštovanju najviših stepena profesionalnosti i poslovne etike, uvažavanju poslovnih partnera, klijenata i potrošača, poka-zivanju ekološke svesti i brige o zaštiti životne sredine, vođenju računa o širim društvenim pitanjima.
Potvrda uspešnosti našeg poslovanja je i či-njenica da je AIK Banka tri godine zaredom, 2015, 2016. i 2017. dobitnik prestižnog priznanja renomiranog svetskog časopisa International Banker za najbolju komercijalnu banku u Srbiji.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 209,360 209.360 1,767 1.767
Total Capital / Ukupni kapital 61,162 61.162 516 516
Equity Capital / Akcijski kapital 27,196 27.196 230 230
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 26.23% 26,23%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 7.09% 7,09%
Return on Equity / Stopa prinosa na kapital 44.42% 44,42%
Number of Employees / Broj zaposlenih 768 768
Organizational Structure Organizaciona mreža
Head Office, 28 Bank Branches, 34 Branch Offices, 1 Cash OfficeCentrala, 28 filijala, 34 ekspozitura, 1 šalter
AIK BANKA A.D. BEOGRAD Bulevar Mihaila Pupina 115đ, 11070 Novi Beograd www.aikbanka.rs
50
Banca Intesa is a universal financial institu-tion which has been the leader on the Serbi-
an market for over ten years according to all the most significant key performance indicators of banking operations. Banca Intesa has built and has continuously been developing its operation on sustainable foundations, all the while striv-ing to provide a measurable contribution to the improved quality of life of the citizens and the economic development of Serbia.
A professional team of about 2900 employees takes daily care of the needs and satisfaction of 1.32 million clients, including natural persons, entrepreneurs, small and medium sized en-terprises, as well as large companies and local self-governments. The Bank continuously de-velops and improves its products and services which are available to the clients through the cutting edge e-banking services, as well as its 158-branch network throughout Serbia. It is precisely owing to its dedication to incorporat-ing the state-of-the-art technology in everyday operations that Banca Intesa has been recog-nized on the market not only as the leader in terms of its key performance indicators, but also as a pioneer in the field of introducing modern banking technology.
Banca Intesa is part of the international banking group Intesa Sanpaolo, one of the lead-ers in the Eurozone, with market capitalization
exceeding 50 billion EUR. Intesa Sanpaolo ser-vices the financial needs of almost 20 million clients in 40 countries worldwide. Thanks to its developed international network, Intesa San-paolo, through its centers in Dubai, Hong Kong, London and New York, operates with corporate clients in 25 countries, while the Group has its strategic focus on Central and Eastern Europe, Middle East and North Africa in the domain of retail banking.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 564,860 564.860 4,768 4.768
Total Capital / Ukupni kapital 119,007 119.007 1,005 1.005
Equity Capital / Akcijski kapital 41,760 41.760 353 353
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 20.6% 20,6%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 2.9% 2,9%
Return on Equity / Stopa prinosa na kapital 28.4% 28,4%
Number of Employees / Broj zaposlenih 2,934 2.934
Organizational Structure Organizaciona mreža
Head Office, 4 Regional Centers, 158 Branch Offices Centrala, 4 regionalna centra, 158 ekspozitura
BANCA INTESA A.D. BEOGRAD Milentija Popovića 7b, 11070 Novi Beograd www.bancaintesa.rs
51
Banca Intesa je univerzalna finansijska insti-tucija koja na srpskom tržištu već više od
deset godina prednjači po svim najznačajnijim pokazateljima uspešnosti bankarskog poslo-vanja. Svoje poslovanje Banca Intesa temelji i kontinuirano razvija na održivim osnovama, istovremeno težeći da pruži merljiv doprinos unapređenju kvaliteta života građana i eko-nomskom razvoju Srbije.
Profesionalni tim od oko 2900 zaposlenih svakodnevno brine o potrebama i zadovoljstvu 1,32 miliona klijenata među kojima su fizička lica, preduzetnici, mala i srednja preduzeća, ali i velike kompanije i lokalne samouprave. Banka kontinuirano razvija i unapređuje svoje proizvode i usluge koji su klijentima dostupni putem najsavremenijih servisa elektronskog bankarstva, ali i mrežu od 158 ekspozitura ši-rom Srbije. Upravo zahvaljujući posvećenosti integrisanju savremenih tehnologija u svakod-nevno poslovanje, Banca Intesa je prepoznata na tržištu ne samo kao lider u pogledu glavnih parametara bankarskog poslovanja već i kao pi-onir na planu korišćenja modernih tehnologija.
Banca Intesa je deo međunarodne bankar-ske grupe Intesa Sanpaolo, jedne od vodećih u evrozoni, sa tržišnom kapitalizacijom većom od 50 milijardi evra. Intesa Sanpaolo odgovara na finansijske potrebe skoro 20 miliona klijenata u 40 zemalja širom sveta. Zahvaljujući razvijenoj internacionalnoj mreži, Intesa Sanpaolo poslu-je sa korporativnim klijentima u 25 zemalja, u čemu joj pomažu centri u Dubaiju, Hongkongu, Londonu i Njujorku, dok je u domenu poslova-nja sa stanovništvom Grupa strateški fokusira-na na centralnu i istočnu Evropu, Bliski istok i severnu Afriku.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 564,860 564.860 4,768 4.768
Total Capital / Ukupni kapital 119,007 119.007 1,005 1.005
Equity Capital / Akcijski kapital 41,760 41.760 353 353
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 20.6% 20,6%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 2.9% 2,9%
Return on Equity / Stopa prinosa na kapital 28.4% 28,4%
Number of Employees / Broj zaposlenih 2,934 2.934
Organizational Structure Organizaciona mreža
Head Office, 4 Regional Centers, 158 Branch Offices Centrala, 4 regionalna centra, 158 ekspozitura
BANCA INTESA A.D. BEOGRAD Milentija Popovića 7b, 11070 Novi Beograd www.bancaintesa.rs
52
In 2017, Postal Savings Bank j.s.c. Belgrade re-alized the profit amounting to RSD 3.9 billion,
which was, together with the unallocated profit from the previous years, used to completely cov-er the loss declared at the end of 2016, primarily as a result of clearing the bank’s portfolio from NPLs. At the end of 2016, the bank had almost 93% of its NPL portfolio covered by provisions, which was at that moment the highest relative indicator of NPL coverage with provisions in the Serbian banking market.
The bank entered 2017 with a completely cleared balance sheet and succeeded in keep-ing the stability and security of its operations, the confidence of a large number of its exist-ing clients, at the same time attracting the new ones. Apart from the loss recorded at the end of 2016, all the main parameters were significantly above the minimum regulatory levels. The bank is highly liquid today and fulfills all the stipu-lated regulatory business indicators.
With the total number of 166 branch of-fices and outlets located throughout the terri-tory of the Republic of Serbia, from Subotica to Kosovska Mitrovica, and around 2,100 employ-ees, Postal Savings Bank, as a financial institu-
tion strategically oriented towards retail bank-ing, is among the top banks ranked by the size of their business network. The expansion of its business activities will continue in the future in line with the motto "Even Closer To You".
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 140,488 140.488 1,186 1.186
Total Capital / Ukupni kapital 15,875 15.875 134 134
Equity Capital / Akcijski kapital 9,230 9.230 78 78
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 21.3% 21,3%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 2.9% 2,9%
Return on Equity / Stopa prinosa na kapital 42.0% 42,0%
Number of Employees / Broj zaposlenih 1,996 1.996
Organizational Structure Organizaciona mreža
Head Office, 4 Regional Centers, 20 Bank Branches, 136 Branch Offices, 22 Cash Offices
Centrala, 4 regionalna centra, 20 filijala, 136 ekspozitura, 22 samostalna šaltera
BANKA POŠTANSKA ŠTEDIONICA A.D. BEOGRAD Kraljice Marije 3, 11120 Beograd www.posted.co.rs
53
Banka Poštanska štedionica a.d. Beograd u 2017. godini ostvarila je dobit u iznosu od
3,9 milijardi dinara, tako da je, uz neraspore-đenu dobit iz prethodnih godina, u potpunosti pokrila gubitak iskazan na kraju 2016. godine, koji je pre svega bio posledica čišćenja portfolija
banke od loših plasmana. Na kraju 2016. godine banka je imala pokriveno ispravkama vrednosti oko 93 odsto portfolija problematičnih kredita, što je u tom trenutku bio najveći relativni po-kazatelj pokrića NPL ispravkama vrednosti na bankarskom tržištu Srbije.
Banka je u 2017. godinu ušla potpuno čistih bilansa. Tokom godine uspela je da očuva sta-bilnost i sigurnost u poslovanju, poverenje veli-kog broja postojećih klijenata, kao i da privuče nove. I pored iskazanog gubitka na kraju 2016. godine, svi osnovni parametri bili su znatno iznad minimalnih propisanih nivoa. Banka je i danas visoko likvidna i u svakom trenutku is-punjava sve propisane regulatorne pokazatelje poslovanja.
Sa ukupno 166 ekspozitura i samostalnih šaltera raspoređenih na teritoriji cele Republi-ke Srbije, od Subotice do Kosovske Mitrovice, i oko 2100 zaposlenih, Poštanska štedionica je, kao finansijska institucija strateški orijenti-sana ka poslovanju sa stanovništvom, danas u samom vrhu liste banaka sa najrazgranatijom poslovnom mrežom. Uz slogan „Još bliže vama“, širenje poslovnih aktivnosti biće nastavljeno u predstojećem periodu.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 140,488 140.488 1,186 1.186
Total Capital / Ukupni kapital 15,875 15.875 134 134
Equity Capital / Akcijski kapital 9,230 9.230 78 78
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 21.3% 21,3%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 2.9% 2,9%
Return on Equity / Stopa prinosa na kapital 42.0% 42,0%
Number of Employees / Broj zaposlenih 1,996 1.996
Organizational Structure Organizaciona mreža
Head Office, 4 Regional Centers, 20 Bank Branches, 136 Branch Offices, 22 Cash Offices
Centrala, 4 regionalna centra, 20 filijala, 136 ekspozitura, 22 samostalna šaltera
BANKA POŠTANSKA ŠTEDIONICA A.D. BEOGRAD Kraljice Marije 3, 11120 Beograd www.posted.co.rs
54
Bank of China was founded in Shanghai in February 1912. The Hong Kong branch
opened in 1917 and it was the first Chinese banking institution set up outside the mainland China, which marked the start of the Bank of China’s international expansion. For six consec-utive years – from 2011 to 2016 – Bank of China was on the list of the Global Systematically Im-portant Banks and it is one of the most impor-tant financial institutions on the emerging mar-kets. Bank of China is currently ranked fourth according to total assets on the list of Top 1000 World Banks.
The establishment of Bank of China Srbija a.d. Belgrade is one of the most important actions taken within the “One Belt One Road“ Initia-tive. China and Serbia have friendly bilateral relations and a huge potential for cooperation and continuous development of investment and trade activities. As a bank registered in Serbia, Bank of China Srbija a.d. Belgrade will continue to use the advantages provided by cross-border services from the BOC Group in order to en-sure financial support to entrepreneurs, bank accounts management, foreign exchange op-erations, business promotion, customer support and other service packages, support for the rail-way, highway, bridges, power plants and other infrastructure development projects, as well as the pragmatic cooperation in the field of pro-duction, trade, energy, tourism and other fields.
At this stage, Bank of China Srbija a.d. Belgrade mostly operates in dinars, Chinese yuans, dol-lars, euros and other currencies. In accordance with the development of the host country, the bank will seek to use efficient financial services to actively expand its operations to Bulgaria, Bosnia, Montenegro, Macedonia, Albania, as well as other neighbouring countries and the entire Balkans, thus contributing to the imple-mentation of the “One Belt One Road“ Initia-tive and facilitating economic trade between China and the region.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 1,852 1.852 15.63 15,63
Total Capital / Ukupni kapital 1,822 1.822 15.38 15,38
Equity Capital / Akcijski kapital 1,844 1.844 15.56 15,56
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 8,102.86% 8.102,86%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva -1.17% -1,17%
Return on Equity / Stopa prinosa na kapital -1.33% -1,33%
Number of Employees / Broj zaposlenih 23 23
Organizational Structure Organizaciona mreža
Head Office, 1 Bank Branch Centrala, 1 filijala
BANK OF CHINA SRBIJA A.D. BEOGRAD Bulevar Zorana Đinđića 2a, 11070 Beograd www.bankofchina.com/rs
55
Bank of China osnovana je u Šangaju u fe-bruaru 1912. godine. Filijala u Hong Kon-
gu je osnovana 1917. godine kao prva kineska bankarska institucija van kopnene Kine i pred-stavlja početak međunarodne ekspanzije bank of China. Tokom šest uzastopnih godina - od 2011. do 2016. godine - Bank of China je bila na listi globalno sistemski važnih banaka i jedna je od najvažnijih finansijskih institucija na tr-žišntu ekonomija u nastajanju. Trenutno je na četvrtom mestu po ukupnoj aktivi na listi Top 1000 svetskih banaka.
Osnivanje Bank of China Srbija a.d. Beograd predstavlja jednu od najvažnijih aktivnosti pre-duzetih u okviru inicijative "Jedan pojas jedan put". Kina i Srbija imaju prijateljske bilateralne odnose i ogroman potencijal za saradnju i kon-tinuiran razvoj investicionih i trgovinskih ak-tivnosti. Kao banka registrovana u Srbiji, Bank of China Srbija a.d. Beograd će nastaviti da koristi ogromne prednosti koje pružaju preko-granične usluge Bank of China grupe kako bi se osigurala: finansijska podrška preduzetnicima, upravljanje bankovnim računima, deviznim poslovima, promocija poslovanja, podrška ko-risnicima i različiti paketi usluga kao i podrška izgradnji železnice, autoputeva, mostova, elek-trana i drugih projekata razvoja infrastrukture, pragmatična saradnja u oblasti proizvodnje, tr-govine, energetike, turizma i drugim oblastima. U ovoj fazi Bank of China Srbija a.d. Beograd uglavnom posluje u dinarima, kineskim jua-nima, dolarima, evrima i drugim valutama. U skladu sa razvojem zemlje domaćina, banka će u budućnosti nastojati da koristi efikasne finan-sijske usluge za aktivno proširenje svojih opera-cija na Bugarsku, Bosnu, Crnu Goru, Makedo-niju, Albaniju, kao i druge susedne zemlje i čitav Balkan, kako bi dala doprinos implementaciji inicijative "Jedan pojas jedan put" i poboljšanju ekonomske trgovine između Kine i regiona.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 1,852 1.852 15.63 15,63
Total Capital / Ukupni kapital 1,822 1.822 15.38 15,38
Equity Capital / Akcijski kapital 1,844 1.844 15.56 15,56
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 8,102.86% 8.102,86%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva -1.17% -1,17%
Return on Equity / Stopa prinosa na kapital -1.33% -1,33%
Number of Employees / Broj zaposlenih 23 23
Organizational Structure Organizaciona mreža
Head Office, 1 Bank Branch Centrala, 1 filijala
BANK OF CHINA SRBIJA A.D. BEOGRAD Bulevar Zorana Đinđića 2a, 11070 Beograd www.bankofchina.com/rs
56
Crédit Agricole Serbia is a bank 100% owned by Crédit Agricole Group, one of the lead-
ing global financial groups, which ranks among the top ten banking groups in the world accord-ing to the balance sheet size. The bank operates through a widespread network of 80 branches in all major cities in Serbia. Quality certificate ISO 9001 in the area of banking services, reliance on the cutting-edge information technologies, principal membership in MasterCard Interna-tional and VISA International, as well as in the national DinaCard Association, are only some of the trademarks of Crédit Agricole Serbia. Over 9000 highly specialized employees make sure that the best quality banking services are provided to the clients in Serbia.
Today, just like in the good old times, Credit Agricole insists on building long-term relations with its clients, based on trust which dates back over a century. “At Credit Agricole Serbia we believe that banking is a matter of trust. Our business is based on building long-term rela-tionships with people. We aim to support and advise our clients not only on a daily basis, but
also at points when they make important life decisions. Those are the moments when profes-sional financial analysis and advice can be cru-cial”, stated Carlos de Cordue, CEO of Credit Agricole Serbia.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 86,934 86.934 734 734
Total Capital / Ukupni kapital 9,091 9.091 77 77
Equity Capital / Akcijski kapital 8,421 8.421 71 71
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 18.39% 18,39%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 0.4% 0,4%
Return on Equity / Stopa prinosa na kapital 4.1% 4,1%
Number of Employees / Broj zaposlenih 931 931
Organizational Structure Organizaciona mreža
3 Head Offices, 80 Bank Branches3 Centrale, 80 filijala
CRÉDIT AGRICOLE SRBIJA A.D. NOVI SAD Braće Ribnikar 4-6, 21000 Novi Sad www.creditagricole.rs
57
Crédit Agricole Sr-bija je 100% u vla-
sništvu Crédit Agricole grupe, vodeće svetske finansijske grupacije koja je na listi prvih de-set bankarskih grupaci-ja na svetu po vrednosti imovine. Banka posluje kroz razgranatu mrežu od 80 filijala, u svim većim gradovima Srbije. Sertifikat kvaliteta ISO 9001 u oblasti bankar-skih usluga, korišćenje najsavremenijih ban-karskih informacionih tehnologija, princi-palno članstvo u Ma-sterCard International i VISA International, kao i u nacionalnoj Di-naCard asocijaciji samo su neka od obeležja Crédit Agricole Srbija. Preko 900 visokostruč-nih zaposlenih obez-beđuju najkvalitetniju bankarsku uslugu na prostoru Srbije.
Crédit Agricole danas, baš kao i nekada dav-no, insistira na izgradnji dugoročnih odnosa sa klijentima zasnovanih na poverenju koje traje više od veka. “U Crédit Agricole Srbija veruje-mo da je bankarstvo stvar poverenja. Naše po-slovanje zasnovano je na izgradnji dugoročnog odnosa sa klijentima. Naš cilj je da podržimo i posavetujemo klijente kako na dnevnom nivou, tako i u situacijama kada donose važne život-ne odluke. U takvim trenucima, profesionalna finansijska analiza i savet mogu biti od nepro-cenjivog značaja“, izjavio je Karlos de Kordu, predsednik Izvršnog odbora Crédit Agricole Srbija.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 86,934 86.934 734 734
Total Capital / Ukupni kapital 9,091 9.091 77 77
Equity Capital / Akcijski kapital 8,421 8.421 71 71
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 18.39% 18,39%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 0.4% 0,4%
Return on Equity / Stopa prinosa na kapital 4.1% 4,1%
Number of Employees / Broj zaposlenih 931 931
Organizational Structure Organizaciona mreža
3 Head Offices, 80 Bank Branches3 Centrale, 80 filijala
CRÉDIT AGRICOLE SRBIJA A.D. NOVI SAD Braće Ribnikar 4-6, 21000 Novi Sad www.creditagricole.rs
Carlos de Cordue, CEOKarlos de Kordu, predsednik Izvršnog odbora
58
Direktna Banka a.d. Kragujevac is a modern, domestic and universal bank with the op-
erating strategy focusing on retail and corpo-rate banking activities, i.e. small and medium enterprises. Direktna Banka was established in 2016 through the acquisition of KBM Bank a.d. Kragujevac, and later on it also purchased Fin-domestic BNP Paribas. Today, Direktna Banka’s sales network covers the entire Serbia, with 35 branches employing over 400 people.
Furthermore, this year Direktna Banka became the 100% owner of Piraeus Bank a.d. Belgrade which will contribute to the further expansion of its branch network by more than 50%. After the integration, by the end of this year, both banks will continue to operate under the name Direktna Banka with the capital of almost 500 billion dinars. The integration with Piraeus Bank has confirmed the stable opera-tions of Direktna Banka and the strengthening of its position in the banking market of Serbia.
In 2017, Direktna Banka achieved the net profit of 1.9 billion dinars and increased its client base by 100%. The net profit of 118 million dinars made in the first quarter of 2018 demonstrates the continuation of its positive operating trend in the current year. Direktna Banka is a profit-oriented institution with the main goal of being a reliable and stable partner to all existing and potential clients, therefore
continuously improving and expanding its offer of products and services.
Open communication, simple procedures, efficient and transparent approach to addressing financial matters are at the core of the Bank’s operations, serving as the foundation for the successful and long-term cooperation with its clients, always in line with the slogan: “Direktna Banka. For You”.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 26,870 26.870 227 227
Total Capital / Ukupni kapital 3,950 3.950 33 33
Equity Capital / Akcijski kapital 1,917 1.917 16 16
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 26.72% 26,72%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 10.73% 10,73
Return on Equity / Stopa prinosa na kapital 68.94% 68,94%
Number of Employees / Broj zaposlenih 441 441
Organizational Structure Organizaciona mreža
Head Office, 3 Regional Centers, 35 Branch Offices Centrala, 3 regionalna centra, 35 ekspozitura
DIREKTNA BANKA A.D. KRAGUJEVAC Kralja Petra I 26, 34000 Kragujevac www.direktnabanka.rs
59
Direktna Banka a.d. Kragujevac je moder-na, domaća i univerzalna banka, čija je
strategija poslovanja usmerena ka poslovima sa stanovništvom i privredom, odnosno malim i srednjim preduzećima. Direktna Banka nastala je prilikom kupovine KBM banke 2016. godine, a potom je kupila i Findomestic BNP Paribas. Danas prodajna mreža banke pokriva čitavu te-ritoriju Srbije, sa 35 poslovnica koje zapošljava-
ju više od 400 ljudi. Ove godine Direktna Banka postala je 100%
vlasnik i Piraeus banke a.d. Beograd što će do-prineti dodatnom uvećanju njene mreže za čak 50%. Nakon spajanja krajem ove godine, ban-ke će poslovati pod imenom Direktna Banka sa imovinom od približno 500 miliona evra. In-tegracija sa Piraeus bankom dokaz je stabilnog poslovanja i jačanja pozicije Direktne Banke na tržištu Srbije.
Samo u 2017. godini Direktna Banka ostvari-la je dobit od 1,9 milijardi dinara i uvećala bazu klijenata za 100%. Dobit prvog kvartala ove go-dine u iznosu od 118 miliona dinara svedoči o nastavku pozitivnog trenda poslovanja banke i u tekućoj godini. Direktna Banka orijentisana je na profitabilno poslovanje sa ciljem da bude pouzdan i čvrst partner svim postojećim i po-tencijalnim klijentima, zbog čega svoju ponudu proizvoda i usluga kontinuirano dopunjuje i unapređuje.
Direktna komunikacija, jednostavne pro-cedure, efikasan i transparentan pristup rešavanju finansijskih pitanja, osnovne su vrednosti poslovanja na kojima banka razvija uspešnu i dugoročnu saradnju sa svojim kli-jentima u skladu sa sloganom: „Direktna Ban-ka. Za Vas“.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 26,870 26.870 227 227
Total Capital / Ukupni kapital 3,950 3.950 33 33
Equity Capital / Akcijski kapital 1,917 1.917 16 16
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 26.72% 26,72%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 10.73% 10,73
Return on Equity / Stopa prinosa na kapital 68.94% 68,94%
Number of Employees / Broj zaposlenih 441 441
Organizational Structure Organizaciona mreža
Head Office, 3 Regional Centers, 35 Branch Offices Centrala, 3 regionalna centra, 35 ekspozitura
DIREKTNA BANKA A.D. KRAGUJEVAC Kralja Petra I 26, 34000 Kragujevac www.direktnabanka.rs
60
Expobank a.d. Belgrade, a subsidiary of Expobank CZ a.s. from Czech Republic, in
the first year of its business operations at the Serbian market, recorded the total revenues amounting to EUR 23.5 million. In 2017 Expobank granted RSD 4.7 billion dinars worth of loans (in comparison with 2016 an increase by 121.23%), mainly to medium enterprises oriented towards the EU, Russia and Czech Republic.
Expobank’s positive financial results in 2017 were successfully achieved in parallel with the organizational changes, revised business strategy, network reorganization and rebranding.
“Thanks to the implementation of the new strategy, Expobank is now highly capitalized and highly liquid, CAR has been significantly improved and stands at 31.04% and the NPL rate is decreasing and currently amounts to 2.97%, while regulatory capital is EUR 22.62 million. The increase in lending, improved capital ratios and net interest margin, combined with the cost cutting achieved through the
optimisation of business processes, has enabled the transformation of Expobank a.d. Belgrade from a loss-making business into a profitable bank”, said Mr Borislav Strugarević, CEO of Expobank.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 14,999 14.999 127 127
Total Capital / Ukupni kapital 3,793 3.793 32 32
Equity Capital / Akcijski kapital 8,549 8.549 72 72
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 31.04% 31,04%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 12.05% 12,05%
Return on Equity / Stopa prinosa na kapital 47.66% 47,66%
Number of Employees / Broj zaposlenih 174 174
Organizational Structure Organizaciona mreža
Head Office, 7 Bank Branches Centrala, 7 filijala
EXPOBANK A.D. BEOGRAD Dalmatinska 22, 11000 Beograd www.expobank.rs
61
Expobanka a.d. Beograd, u vlasništvu Expo-banke CZ a.s. iz Češke Republike, u prvoj
godini poslovanja u Srbiji ostvarila je ukupan prihod od 23,5 miliona evra. U 2017. godini
Expobanka je plasirala 4,7 milijardi dinara (u poređenju sa 2016. godinom ostvaren je rast od 121,23%) uglavnom srednjim preduzećima orijentisanim na tržište Evropske unije, Rusije i Češke.
Pozitivan finansijski rezultat Expobanke u 2017. godini je uspešno sproveden kroz orga-nizacione promene, reviziju poslovne strategije, reogranizaciju mreže i proces rebrendiranja.
„Zahvaljujući implementaciji nove strategije, Expobanka je visoko kapitalizovana i visoko likvidna, pokazatelj adekvatnosti kapitala je unapređen i iznosi 31,4%, a stopa problematič-nih kredita opada i trenutno je 2,97%, dok je regulatorni kapital 22,62 miliona evra. Porast kreditiranja privrede, unapređenje ključnih pokazatelja poslovanja i neto kamatne marže uz smanjenje troškova kroz optimizaciju po-slovnih procesa, omogućili su transformaciju banke koja je poslovala sa gubitkom u profi-tabilnu banku”, izjavio je Borislav Strugarević, predsednik Izvršnog odbora Expobanke a.d. Beograd.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 14,999 14.999 127 127
Total Capital / Ukupni kapital 3,793 3.793 32 32
Equity Capital / Akcijski kapital 8,549 8.549 72 72
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 31.04% 31,04%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 12.05% 12,05%
Return on Equity / Stopa prinosa na kapital 47.66% 47,66%
Number of Employees / Broj zaposlenih 174 174
Organizational Structure Organizaciona mreža
Head Office, 7 Bank Branches Centrala, 7 filijala
EXPOBANK A.D. BEOGRAD Dalmatinska 22, 11000 Beograd www.expobank.rs
62
“For Erste Bank, 2017 was an extraordinarily successful year, particularly in the segment
of retail clients and entrepreneurs. We sup-ported over 2,000 customers in buying homes for themselves and their families. Through our “Step by Step” social banking program, the growth and development of 50 start-up compa-nies and social enterprises was supported, and we also approved the first loan to a civil society organization that will use it to multiply its posi-tive impact on the community. Working with corporate clients, we generated an increase in SME operations through loans, letters of credit and guarantees, while registering a somewhat lower lending activity to large corporates. Our long-term successful operations have enabled us to take an important decision regarding a large investment in a new IT system and the comprehensive bank transformation”, stated Slavko Carić, CEO of Erste Bank a.d. Novi Sad.
After Q4 2017, the bank’s total net profit amounted to 2.632 million dinars, which is by 27.5% better result than in the same period of 2016, when the net profit reached 2,064 million
dinars. Erste Bank continued with the expan-sion of its network, which at the end of Decem-ber 2017 had 85 units, the total number of its active clients reaching 391 thousand.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 161,921 161.921 1,367 1.367
Total Capital / Ukupni kapital 20,895 20.895 176 176
Equity Capital / Akcijski kapital 10,164 10.164 86 86
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 18.14% 18,14%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 1.75% 1,75%
Return on Equity / Stopa prinosa na kapital 25.9% 25,9%
Number of Employees / Broj zaposlenih 1,069 1.069
Organizational Structure Organizaciona mreža
Head Office, 46 Bank Branches, 30 Branch Offices, 4 Cash Offices, 7 Business Centers
Centrala, 46 filijala, 30 ekspozitura, 4 šaltera, 7 poslovnih centara
ERSTE BANK A.D. NOVI SAD Bulevar oslobođenja 5, 21000 Novi Sad www.erstebank.rs
63
„Za Erste banku je 2017. godina bila izuzet-no uspešna, naročito u radu sa stanovni-
štvom i preduzetnicima. Podržali smo više od 2.000 klijenata da obezbede stambeni prostor za sebe i svoje porodice. Kroz program našeg
socijalnog bankarstva „Korak po korak”, podr-žan je rast i razvoj 50 startap firmi i socijalnih preduzeća, a odobrili smo i prvi kredit organi-zaciji civilnog društva koja će pomoću dobije-nih sredstava multiplikovati pozitivan uticaj na zajednicu. U radu sa privredom generisali smo porast u poslovanju sa malim i srednjim predu-zećima kroz kredite, akreditive i garancije, dok je kod velikih preduzeća zabeleženo nešto niže kreditiranje. Višegodišnje uspešno poslovanje omogućilo je i donošenje važne odluke o veli-kom investiranju u novi informacioni sistem i sveobuhvatnu transformaciju banke“, izjavio je Slavko Carić, predsednik Izvršnog odbora Erste banke a.d. Novi Sad.
Ukupna neto dobit nakon četvrtog kvartala 2017. godine iznosi 2.632 miliona dinara, što je za čak 27,5% bolji rezultat u odnosu na isti pe-riod 2016. godine, kada je ostvarena neto dobit od 2.064 miliona dinara. Erste banka je nasta-vila sa ekspanzijom svoje mreže, koja na kraju decembra 2017. broji 85 poslovnih jedinica, dok je ukupan broj aktivnih klijenata u decembru iznosio 391 hiljadu.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 161,921 161.921 1,367 1.367
Total Capital / Ukupni kapital 20,895 20.895 176 176
Equity Capital / Akcijski kapital 10,164 10.164 86 86
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 18.14% 18,14%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 1.75% 1,75%
Return on Equity / Stopa prinosa na kapital 25.9% 25,9%
Number of Employees / Broj zaposlenih 1,069 1.069
Organizational Structure Organizaciona mreža
Head Office, 46 Bank Branches, 30 Branch Offices, 4 Cash Offices, 7 Business Centers
Centrala, 46 filijala, 30 ekspozitura, 4 šaltera, 7 poslovnih centara
ERSTE BANK A.D. NOVI SAD Bulevar oslobođenja 5, 21000 Novi Sad www.erstebank.rs
64
Eurobank a.d. Belgrade has been operating in Serbia since March 2003 and today rep-
resents one of the leading foreign investors in the country. Eurobank offers a wide range of standard and innovative banking products and services via its business network of more than 80 branches and 5 business centres, where over 1,300 employees service over 500,000 accounts of natural persons and legal entities. Eurobank is celebrating an important milestone – 15 years of successful operations at the Serbian market. During this time, the Bank has been growing and evolving, increasing its number of employ-ees and branch offices, implementing new busi-ness technology, and offering innovative prod-ucts and services tailored to meet its customers’ needs, having gained an important position at the Serbian market. Over the past years, Eu-robank has consolidated its operations, main-tained a balanced growth, and ranked among the top ten banks in the country.
Eurobank Serbia has been strongly capital-ized over the entire period of its development in Serbia. Its capital amounts to eight percent of the total capital in the banking sector and represents a stability guarantee to its partners, customers, and employees. Last year has been very successful for Eurobank. Lending grew by more than 15%, evenly spread between the two segments – retail and corporate. The bank en-hanced its range of digital channels services and
expanded its customer base. In 2017, Eurobank generated the pre-tax profit of 2.5 billion dinars, a 17% increase compared to the 2016 results.
Eurobank continues its long-term efforts in executing various initiatives and programs in the key areas such as: social inclusion, education, environmental protection, culture and healthcare. Through the comprehensive CSR program titled “We Invest in European Values”, in the previous period the bank has invested more than EUR 4.5 million.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 158,413 158.413 1,337 1.337
Total Capital / Ukupni kapital 51,150 51.150 432 432
Equity Capital / Akcijski kapital 31,482 31.482 266 266
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 29.15% 29,15%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 1.63% 1,63%
Return on Equity / Stopa prinosa na kapital 6.93% 6,93%
Number of Employees / Broj zaposlenih 1,467 1.467
Organizational Structure Organizaciona mreža
Head Office, 80 Branch Offices Centrala, 80 ekspozitura
EUROBANK A.D. BEOGRAD Vuka Karadžića 10, 11000 Beograd www.eurobank.rs
65
Eurobank a.d. Beograd u Srbiji posluje od marta 2003. godine i danas predstavlja
jednog od vodećih stranih investitora u zemlji. Eurobank nudi širok asortiman standardnih i inovativnih bankarskih proizvoda i usluga pre-ko poslovne mreže od 80 ekspozitura i 5 cen-tara za rad sa privredom, u kojima preko 1.300 zaposlenih servisira preko 500.000 računa fi-zičkih i pravnih lica. Eurobank proslavlja zna-čajan jubilej – 15 godina uspešnog poslovanja na trištu Srbije. Tokom ovog perioda, banka je rasla i razvijala se povećavajući broj zaposlenih i
ekspozitura, implementirajući nove tehnologije i nudeći inovativne proizvode i usluge kreirane u skladu sa potrebama klijenata. Eurobank je danas među vodećim bankama na tržištu Srbije. Tokom proteklih godina, Eurobank je konsoli-dovala poslovanje, nastavila sa umerenim ras-tom i plasirala se u top 10 banaka.
Eurobank je visokokapitalizovana tokom svih ovih godina poslovanja u Srbiji. Njen kapi-tal iznosi osam posto ukupnog kapitala bankar-skog sektora i predstavlja garanciju stabilnosti prema njenim partnerima, klijentima i zaposle-nima. Za Eurobank prošla godina bila je veo-ma uspešna. Zabeležen je rast kredita od preko 15% u oba segmenta – u poslovima sa stanovni-štvom i u poslovima sa privredom. Unapređena je paleta usluga koju banka nudi kroz digitalne kanale i povećana baza klijenata. U 2017. godini Eurobank je ostvarila dobitak pre oporezivanja od 2,5 milijarde dinara što je za 17% više u od-nosu na rezultat 2016. godine.
Eurobank nastavlja sa dugoročnim naporima kako bi realizovala različite inicijative i progra-me u ključnim oblastima kao što su: socijalna inkluzija, obrazovanje, zaštita životne sredine, kultura i zdravstvo. Kroz sveobuhvatni pro-gram korporativne društvene odgovornosti pod nazivom „Investiramo u evropske vredno-sti“ banka je u prethodnom periodu uložila više od 4,5 miliona evra.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 158,413 158.413 1,337 1.337
Total Capital / Ukupni kapital 51,150 51.150 432 432
Equity Capital / Akcijski kapital 31,482 31.482 266 266
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 29.15% 29,15%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 1.63% 1,63%
Return on Equity / Stopa prinosa na kapital 6.93% 6,93%
Number of Employees / Broj zaposlenih 1,467 1.467
Organizational Structure Organizaciona mreža
Head Office, 80 Branch Offices Centrala, 80 ekspozitura
EUROBANK A.D. BEOGRAD Vuka Karadžića 10, 11000 Beograd www.eurobank.rs
66
Halkbank a.d. Belgrade has been operating since 2015 in the Republic of Serbia and
continuously expanding its branch network and client base. In the past year the bank recorded the good results owing to a clearly defined strategy, sound business policy, commitment to its employees, and major support from the Halkbank Group.
In 2017 Halkbank a.d. Belgrade made a significant portfolio growth in all business segments. The SME segment is still the bank’s strategic focus and continuous challenge. Taking part in the COSME program in cooperation with the EIF and implementing loan facilities with international creditors (EIB, EFSE, GGF), the bank defined its approach to corporate clients, relying on its own potential and supported by international financial institutions. Furthermore, in cooperation with the Ministry of Economy and the Serbian Development Agency, the bank actively participated in the 2017 Support Program for Small Companies aimed at the purchase of equipment.
In the retail segment, the proactive approach to customers, in combination with the active promotion of products and expansion of the branch network resulted in a considerable growth of loan and deposit portfolio and increase of the market share. In cooperation with the Green for Growth Fund, Halkbank has been supporting the energy-efficiency projects by granting housing loans and energy-efficiency loans.
Halkbank keeps expanding its branch and ATM network in order to make its products and services accessible to as many clients as possible. In the forthcoming period the bank’s aim is to be one of the fastest growing banks in the market through continuous strengthening of capital and investing into the most advanced information technologies and innovative products. The bank’s employees remain its most important resource, while social responsibility, professionalism, speed and quality are the values that the bank will continue to cherish in the future as well.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 41,449 41.449 350 350
Total Capital / Ukupni kapital 6,120 6.120 52 52
Equity Capital / Akcijski kapital 4,248 4.248 36 36
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 17.11% 17,11%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 0.52% 0,52%
Return on Equity / Stopa prinosa na kapital 3.20% 3,20%
Number of Employees / Broj zaposlenih 435 435
Organizational Structure Organizaciona mreža
Head office, 23 Branches, 9 Branch Offices, 4 Cash Offices Centrala, 23 filijale, 9 ekspozitura, 4 šaltera
HALKBANK A.D. BEOGRAD Bulevar Milutina Milankovića 9e, 11070 Novi Beograd www.halkbank.rs
67
Halkbank a.d. Beograd posluje od 2015. go-dine na teritoriji Republike Srbije i od tada
do danas kontinuirano širi svoju poslovnu mre-žu i bazu klijenata. U prethodnoj godini banka je ostvarila dobre rezultate zahvaljujući jasno definisanoj strategiji, dobroj poslovnoj politici, vrednom angažovanju zaposlenih i uz veliku podršku Halkbank Grupe.
Halkbank a.d. Beograd je u 2017. godini ostvarila značajan rast portfolija u svim segmen-tima poslovanja. Segment SME klijenata ostaje strateški fokus i kontinuirani izazov. Učešćem
u COSME programu u saradnji sa EIF-om i re-alizacijom kreditnih linija sa međunarodnim kreditorima (EIB, EFSE, GGF), Halkbank je in-tegrisala pristup biznis klijentima oslanjajući se na sopstveni potecijal uz podršku međunarod-nih finansijskih institucija. Osim toga, banka je tokom 2017. godine imala aktivno učešće u Pro-gramu podrške malim preduzećima za nabavku opreme u saradnji sa Ministarstvom privrede i Razvojnom agencijom Srbije.
Na polju poslovanja sa stanovništvom, pro-aktivan pristup klijentima, aktivno promo-visanje proizvoda i širenje poslovne mreže rezultirali su značajnim rastom kreditnog i de-pozitnog portfolija i uvećanjem tržišnog učešća. U saradnji sa Green for Growth fondom, Halk-banka podržava energetski efikasne projekte odobravanjem stambenih kredita i kredita za energetsku efikasnost.
Halkbank kontinuirano radi na širenju svo-je poslovne mreže i mreže bankomata sa ciljem da svoje proizvode i usluge učini dostupnim što većem broju klijenata. Za naredni period Halkbank postavila je cilj da bude jedna od najbrže rastućih banaka na tržištu uz konti-nuirano jačanje kapitala i ulaganje u najna-prednije informacione tehnologije i inovativne proizvode. Zaposleni ostaju najvažniji resurs, a društvena odgovornost, profesionalnost, brzi-na i kvalitet su vrednosti koje će Halkbank i ubuduće negovati.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 41,449 41.449 350 350
Total Capital / Ukupni kapital 6,120 6.120 52 52
Equity Capital / Akcijski kapital 4,248 4.248 36 36
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 17.11% 17,11%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 0.52% 0,52%
Return on Equity / Stopa prinosa na kapital 3.20% 3,20%
Number of Employees / Broj zaposlenih 435 435
Organizational Structure Organizaciona mreža
Head office, 23 Branches, 9 Branch Offices, 4 Cash Offices Centrala, 23 filijale, 9 ekspozitura, 4 šaltera
HALKBANK A.D. BEOGRAD Bulevar Milutina Milankovića 9e, 11070 Novi Beograd www.halkbank.rs
68
The ambitious vision from the beginning of 2016 to reverse the trend of the bank’s
operations and start generating value for shareholders has been successfully implemented, making Jubmes Bank stable, profitable and promising. The results achieved in 2017 indicate a significant improvement in the bank’s financial position, which is reflected in a high growth of the balance sheet size by 25.5%, further growth of placements to active clients exceeding 46%, interest income growth by 13.2%, as well as a further decrease of the non-performing loans share in the bank’s portfolio to 5.1%, which is significantly below the Serbian banking sector’s average.
The increasing confidence of depositors in Jubmes Bank has resulted in the growth of savings deposits by 92.5%, bringing them to the historically highest level. The focus of activity over the past two years has been to attract new clients and expand the loan portfolio. The total cumulative growth of placements to the active clients realized in this period is approximately 250%.
Substantial profitability growth is also expected in 2018, as indicated by the realized net interest income in the first quarter of 2018, which rose by 30.1%, as well as the fact that
the active placements portfolio continued the upward trend. All the above mentioned results, together with other significant financial effects recorded by the bank in Q1 2018, generated the exceptional result, i.e. profit before taxation of 298 million dinars. Consequently, the rate of return on equity will also significantly grow in 2018 and exceed the rate of 10%.
razlika je u iskustvu
Kada je vremedragoceno
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 11,706 11.706 98.81 98,81
Total Capital / Ukupni kapital 3,489 3.489 29.45 29,45
Equity Capital / Akcijski kapital 3,101 3.101 26.18 26,18
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 34.65% 34,65%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 0.59% 0,59%
Return on Equity / Stopa prinosa na kapital 2.01% 2,01%
Number of Employees / Broj zaposlenih 124 124
Organizational Structure Organizaciona mreža
Head Office, 1 Branch Office, 1 Cash Office Centrala, 1 ekspozitura, 1 šalter
JUBMES BANKA A.D. BEOGRAD Bulevar Zorana Đinđića 121, 11070 Beograd www.jubmes.rs
69
Ambiciozna vizija sa početka 2016. godine da se ostvari promena trenda u poslovanju
banke i ponovo otpočne sa stvaranjem vred-nosti za akcionare, uspešno je realizovana, či-neći Jubmes banku stabilnom, profitabilnom i perspektivnom za naredni period. Ostvareni rezultati u 2017. godini ukazuju na izraženo poboljšanje finansijske pozicije banke, koje se ogleda u visokom rastu bilansne sume od 25,5%,
nastavku značajnog rasta portfolija plasmana aktivnim klijentima od preko 46%, zatim ras-tu prihoda od kamata od 13,2%, kao i daljem smanjenju učešća problematičnih kredita u ukupnom portfoliju banke na nivo od 5,1%, što je značajno ispod proseka bankarskog tržišta.
Zabeležen je i rast poverenja u Jubmes banku kod deponenata fizičkih lica, što je rezultiralo uvećanjem njihovih štednih uloga za 92,5%, dovodeći ih na istorijski najviši nivo. Fokus ak-tivnosti u prethodne dve godine bio je na pri-vlačenju novih klijenata i proširenju kreditnog portfolija. Ukupan kumulativni rast plasmana aktivnim klijentima ostvaren u ovom periodu iznosi oko 250%.
Značajan rast profitabilnosti očekujemo i u 2018. godini, na šta ukazuju ostvareni neto pri-hodi od kamata u prvom kvartalu 2018. godine beležeći rast od 30,1%, kao i činjenica da su ak-tivni plasmani nastavili uzlazni trend. Sve nave-deno, uz druge značajne finansijske efekte koje je Jubmes banka evidentirala u prvom kvartalu 2018. godine, doprinelo je izuzetnom rezultatu, odnosno ostvarenom dobitku pre oporezivanja u ovom periodu od 298 miliona dinara, čime će ROE ove godine izvesno zabeležiti značajan rast i prevazići stopu od 10%.
razlika je u iskustvu
Kada ne pitatekoliko košta
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 11,706 11.706 98.81 98,81
Total Capital / Ukupni kapital 3,489 3.489 29.45 29,45
Equity Capital / Akcijski kapital 3,101 3.101 26.18 26,18
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 34.65% 34,65%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 0.59% 0,59%
Return on Equity / Stopa prinosa na kapital 2.01% 2,01%
Number of Employees / Broj zaposlenih 124 124
Organizational Structure Organizaciona mreža
Head Office, 1 Branch Office, 1 Cash Office Centrala, 1 ekspozitura, 1 šalter
JUBMES BANKA A.D. BEOGRAD Bulevar Zorana Đinđića 121, 11070 Beograd www.jubmes.rs
70
Komercijalna banka ended 2017 generating profit before tax in the amount of RSD 7.187
million, or approximately EUR 61 million. This profit resulted from the improved quality of the loan portfolio, resolved issue of NPLs from the earlier periods in line with the new regulatory framework, growth of operational profitability in regular operations, rationalization and im-proved efficiency through an extensive reorga-nization of the business network and central-ization of the support function, as well as the introduction of new digital services.
Digitalization was carried out in all segments of the bank’s operations. The emphasis has been on the dynamic development of the use of mo-bile telephony in the payment of goods and ser-vices, development and new functionalities of e-commerce services, as well as the automation of internal business processes to accelerate and improve the quality of work.
In the area of corporate social responsibility, the cooperation with the B92 Fund continued, through the joint action of equipping the ma-ternity wards in Serbia, "Together for Babies", with a large number of individual CSR projects across the country. The KomBank Art Gallery hosted numerous art exhibitions and justified the role of an important site on the cultural map of the city.
Komercijalna banka continues to expand its sales network, which in Serbia consists of 204 branches and 270 ATMs. Through its subsid-iaries, Komercijalna banka Banja Luka and Komercijalna banka Budva, the bank operates in the markets of Bosnia and Herzegovina and Montenegro.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 369,184 369.184 3,116 3.116
Total Capital / Ukupni kapital 63,260 63.260 534 534
Equity Capital / Akcijski kapital 40,035 40.035 338 338
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 27.89% 27,89%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 1.89% 1,89%
Return on Equity / Stopa prinosa na kapital 20.28% 20,28%
Number of Employees / Broj zaposlenih 2,806 2.806
Organizational Structure Organizaciona mreža
Head office, 5 Business Corporate Centers, 6 Business Centers, 1 Bank Branch, 204 Branch Offices
Centrala, 5 poslovno korporativnih centara, 6 poslovnih centara, 1 filijala, 204 еkspoziture
KOMERCIJALNA BANKA A.D. BEOGRAD Svetog Save 14, 11000 Beograd www.kombank.com
71
Komercijalna banka je 2017. godinu za-
vršila sa dobitkom pre oporezivanja u iznosu od 7.187 miliona dinara, odnosno oko 61 milion evra. Ostvarena dobit je rezultat unapređenog kvaliteta kreditnog port-folija, rešavanja loših pla-smana iz ranijih perioda u skladu sa novim regu-latornim okvirima, rasta operativne profitabilno-sti u redovnom poslova-nju, racionalizacije i una-pređene efikasnosti kroz opsežnu reorganizaciju poslovne mreže i centra-lizaciju funkcija podrške, kao i uvođenja novih di-gitalnih usluga.
Digitalizacija je spro-vedena u svim segmen-tima poslovanja banke. Akcenat je na dinamič-nom razvoju korišćenja mobilne telefonije prili-kom plaćanja robe i uslu-ga, ekspanziji u razvoju i
novim funkcionalnostima servisa elektronske trgovine (e-commerce), ali i na automatizaciji internih poslovnih procesa radi ubrzanja i po-boljšanja kvaliteta rada.
U oblasti društveno odgovornog poslovanja, nastavljena je saradnja sa Fondom B92, kroz za-jedničku akciju opremanja porodilišta u Srbiji
„Zajedno za bebe“, uz veliki broj pojedinačnih CSR projekata širom zemlje. Galerijski prostor KomBank Art Hol ugostio je brojne umetnič-ke izložbe i opravdao ulogu na kulturnoj mapi grada.
Komercijalna banka i dalje neguje i širi svoju prodajnu mrežu, koju u Srbiji čine 204 ekspozi-ture i 270 bankomata. Preko svojih supsidijara, Komercijalne banke Banja Luka i Komercijalne banke Budva, banka posluje na tržištima Bosne i Hercegovine i Crne Gore.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 369,184 369.184 3,116 3.116
Total Capital / Ukupni kapital 63,260 63.260 534 534
Equity Capital / Akcijski kapital 40,035 40.035 338 338
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 27.89% 27,89%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 1.89% 1,89%
Return on Equity / Stopa prinosa na kapital 20.28% 20,28%
Number of Employees / Broj zaposlenih 2,806 2.806
Organizational Structure Organizaciona mreža
Head office, 5 Business Corporate Centers, 6 Business Centers, 1 Bank Branch, 204 Branch Offices
Centrala, 5 poslovno korporativnih centara, 6 poslovnih centara, 1 filijala, 204 еkspoziture
KOMERCIJALNA BANKA A.D. BEOGRAD Svetog Save 14, 11000 Beograd www.kombank.com
72
mts Banka a.d. Belgrade has been operating since 1990, when it was founded under
the name Prištinska banka a.d. Priština. Since its establishment to date, the bank has changed its business name and head office several times. After additional capitalization and change of its ownership structure, the bank started to oper-ate under the new name, mts Banka a.d. Bel-grade as of May 2015.
From the very start, mts Banka has aimed to ensure that all products and services offered are synonymous with trust, superior performance and innovative technologies. As a new and modern bank, it is focused on setting high stan-dards of banking, offering all kinds of banking products and services. It places emphasis on the quality, speed and easy access to its services, tai-lored to meet the needs of its clients.
In line with the new technologies, 2017 was the key year for introducing modern, secure and reliable services in order to provide finan-cial services through mobile and electronic banking. All products that were developed and launched in 2017 related to online services were aimed to meet customers' preferences, interests and needs, as well as to save their time and costs. Commitment to innovation through continu-ous work with clients resulted in a positive re-sult that mts Banka recorded at the end of 2017.
In the coming period, mts Banka will focus on optimizing its business processes, providing all products and services to SMEs, emphasiz-ing flexibility and speed, along with the fur-ther expansion of its portfolio and offer in the retail segment. The keyword that mts Banka builds its business on is trust. And reaching this goal requires modernization, digitalization, and, above all, quality and competitiveness in the market, all of which mts Banka has already been working on.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 7,757 7.757 65.5 65,5
Total Capital / Ukupni kapital 2,145 2.145 18.1 18,1
Equity Capital / Akcijski kapital 2,125 2.125 17.9 17,9
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 69.3% 69,3%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 0.11% 0,11%
Return on Equity / Stopa prinosa na kapital 0.37% 0,37%
Number of Employees / Broj zaposlenih 180 180
Organizational Structure Organizaciona mreža
Head Office, 5 Bank Branches, 13 Branch Offices, 9 Cash Offices Centrala, 5 filijala, 12 ekspozitura, 5 šaltera
MTS BANKA A.D. BEOGRAD Bulevar Franše d’ Eperea 88, 11000 Beograd www.mts-banka.rs
73
mts Banka a.d. Beograd posluje od 1990. go-dine kada je osnovana pod imenom Pri-
štinska banka d.d. Priština. Od svog osnivanja do danas banka je nekoliko puta menjala svoje poslovno ime i sedište. Nakon dokapitalizacije i promene vlasničke strukture počinje da poslu-je pod svojim novim imenom, mts Banka a.d. Beograd i to od maja 2015. godine.
Banka od samog starta teži ka tome da svi proizvodi i usluge koje ima u ponudi budu si-
nonim za poverenje, superiorne performanse i inovativne tehnologije. Kao mlada i moderna banka, fokusirana je da postavlјa visoke stan-darde bankarstva, nudeći sve vrste bankarskih proizvoda i usluga. Akcenat je na kvalitetu, br-zini i lakoj dostupnosti usluga, uz prilagođava-nje potrebama svojih klijenata.
U skladu sa trendom novih tehnologija, 2017. godina je bila klјučna za uvođenje savremenih, sigurnih i pouzdanih servisa za pružanje finan-sijskih usluga putem mobilnog i elektronskog bankarstva. Svi onlajn proizvodi razvijeni i lansirani u 2017. godini imali su za cilј da izađu u susret želјama, interesovanjima i potrebama klijenata kao i da pruže uštedu u vremenu i tro-škovima. Posvećenost inovacijama kroz konti-nuiran rad sa klijentima rezultirala je pozitiv-nim poslovanjem koje je mts Banka zabeležila na kraju 2017. godine.
U narednom periodu fokus mts Banke je na optimizaciji poslovanja, pružanju svih proizvo-da i usluga malim i srednjim preduzećima, sa akcentom na fleksibilnosti i brzini, uz dalјe ši-renje portfolija i ponude za fizička lica. Klјučna reč na kojoj mts Banka gradi svoje poslovanje jeste poverenje. A dostići taj cilј moguće je uz modernizaciju, digitalizaciju i pre svega kvalitet i konkuretnost na tržištu, na čemu mts Banka već uveliko radi.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 7,757 7.757 65.5 65,5
Total Capital / Ukupni kapital 2,145 2.145 18.1 18,1
Equity Capital / Akcijski kapital 2,125 2.125 17.9 17,9
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 69.3% 69,3%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 0.11% 0,11%
Return on Equity / Stopa prinosa na kapital 0.37% 0,37%
Number of Employees / Broj zaposlenih 180 180
Organizational Structure Organizaciona mreža
Head Office, 5 Bank Branches, 13 Branch Offices, 9 Cash Offices Centrala, 5 filijala, 12 ekspozitura, 5 šaltera
MTS BANKA A.D. BEOGRAD Bulevar Franše d’ Eperea 88, 11000 Beograd www.mts-banka.rs
74
NLB Bank a.d. Belgrade positioned itself among the fastest growing banks on the
market in 2017, having achieved the profit of 3.8 million euros. In 2017, the bank supported the citizens and the economy of Serbia with loans amounting to 220 million euros, which resulted in the increase of the portfolio of healthy loans by as much as 54 percent. At the same time, the bank increased its deposits base by 38%, which testifies about the enhanced customer confi-dence, who have recognized NLB Bank as a reli-able partner for their personal and professional plans.
NLB Bank is especially active in cooperation with the agro segment, where it ranks among the 5 leading banks in the market, having reached a market share of over 10 percent in 2017. So far, more than 6 thousand farmers have given their trust to NLB Bank, which in 2017 alone financially supported 2500 farmers in the improvement of their business operations.
Through the NLB Organic Competition in-volving organic producers, the bank has re-mained committed to agriculture in the domain of corporate social responsibility as well, and in addition to this project, continued to support the projects targeting youth, sports, education and vulnerable categories of the population. New in the CSR domain is the NLB Gallery,
opened in June 2017 at the bank’s head office, with the aim of supporting art, and especially young artists.
In 2017, NLB Group realized a profit of 225 million euros, twice as high as in 2016. NLB Bank Belgrade is the bank with the highest po-tential within the Group in terms of growth, which was demonstrated in 2017 by the result achieved at the end of the business year.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 44,121 44.121 372.42 372,42
Total Capital / Ukupni kapital 7,388 7.388 62.36 62,36
Equity Capital / Akcijski kapital 6,237 6.237 52.65 52,65
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 20.1% 20,1%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 1.1% 1,1%
Return on Equity / Stopa prinosa na kapital 7.87% 7,87%
Number of Employees / Broj zaposlenih 180 180
Organizational Structure Organizaciona mreža
Head Office, 31 Branch OfficesCentrala, 31 ekspozitura
NLB BANKA A.D. BEOGRAD Bulevar Mihaila Pupina 165v, 11070 Beograd www.nlb.rs
75
NLB banka a.d. Beograd se u 2017. godini po-zicionirala kao jedna od najbrže rastućih
banaka na tržištu, ostvarivši profit od 3,8 milio-na evra. Banka je tokom 2017. godine građane i privredu Srbije podržala kreditima u iznosu od 220 miliona evra, čime je ostvarila rast portfoli-ja zdravih kredita za čak 54 odsto. Istovremeno, banka je stanje depozita povećala za 38 odsto, što govori u prilog ojačanom poverenju klijena-
ta, koji NLB banku prepoznaju kao pouzdanog partnera za svoje lične i profesionalne planove.
NLB banka je posebno aktivna u domenu saradnje sa agro segmentom, u kome se nalazi među 5 vodećih banaka na tržištu, dostigavši tržišno učešće od preko 10 odsto u 2017. godini. Preko 6 hiljada klijenata poljoprivrednika uka-zalo je poverenje baš NLB banci, koja je samo prošle godine finansijski podržala oko 2,500 poljoprivrednika u realizaciji unapređenja po-slovanja na njihovim gazdinstvima.
Banka je kroz NLB Organic konkurs, name-njen organskim proizvođačima, ostala posve-ćena poljoprivredi i u domenu korporativne društvene odgovornosti, a podržava i projekte namenjene mladima, sportu, obrazovanju i osetljivim kategorijama stanovništva. Novina u domenu CSR-a je NLB Galerija, otvorena u junu 2017. godine u centrali banke, sa ciljem da podrži umetnost, a posebno mlade umetnike.
NLB Grupa je u 2017. godini ostvarila pro-fit od 225 miliona evra, dvostruko više nego u 2016. godini. NLB banka a.d. Beograd je ban-ka sa najvećim potencijalom u okviru Grupe u smislu rasta, što je tokom 2017. godine i poka-zala rezultatom ostvarenim na kraju poslovne godine.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 44,121 44.121 372.42 372,42
Total Capital / Ukupni kapital 7,388 7.388 62.36 62,36
Equity Capital / Akcijski kapital 6,237 6.237 52.65 52,65
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 20.1% 20,1%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 1.1% 1,1%
Return on Equity / Stopa prinosa na kapital 7.87% 7,87%
Number of Employees / Broj zaposlenih 180 180
Organizational Structure Organizaciona mreža
Head Office, 31 Branch OfficesCentrala, 31 ekspozitura
NLB BANKA A.D. BEOGRAD Bulevar Mihaila Pupina 165v, 11070 Beograd www.nlb.rs
76
Opportunity Bank is a different kind of bank, mostly due to the field visits to its
clients and its mission of financial inclusion, i.e. the inclusion of clients from rural areas into the financial system through microcredits. These clients are primarily owners of small mix-production agricultural households, as well as micro and small businesses and entrepreneur-ial start-ups, often unaware of the fact that they could improve their production and/or business income with a loan, thus improving the quality of life for themselves and their families as well. 70% of Opportunity Bank’s clients live outside the Serbian towns, in remote and underdevel-oped rural areas, while the biggest share of the bank’s loan portfolio (90%) is taken up by loans up to EUR 5000 disbursed with the purpose of supporting income generation activities.
Opportunity Bank strives to be innovative in terms of how it provides services to the clients, for example it enables preliminary loan approv-al to agro clients through tablet computers, and it has launched BIZBlink, a simple web appli-cation tool for small businesses which provides them with quick loan eligibility information. Moreover, in 2017 the bank launched the educa-
tional website about the importance of savings and household budget management, entitled
“Savings Hopscotch: 7 Steps to Your Goal”. Op-portunity Bank is a member of the internation-al network of microfinance organizations, „Op-portunity International“, seated in Chicago.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 14,123 14.123 119 119
Total Capital / Ukupni kapital 2,733 2.733 23 23
Equity Capital / Akcijski kapital 1,858 1.858 16 16
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 23.21% 23,21%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 3.18% 3,18%
Return on Equity / Stopa prinosa na kapital 13.80% 13,80%
Number of Employees / Broj zaposlenih 338 338
Organizational Structure Organizaciona mreža
Head Office, 7 Bank Branches, 19 Branch Offices Centrala, 7 filijala, 19 poslovnih jedinica
ОPPORTUNITY BANKA A.D. NOVI SAD Bulevar Oslobođenja 2а, 21000 Novi Sad www.obs.rs
77
Opportunity banka posebna je po mnogo čemu, a najviše po terenskim posetama
klijentima i misiji finansijske inkluzije, odno-sno uključivanju klijenata iz ruralnih sredina u finansijski sistem kroz isplatu mikro-kredita. Prvenstveno su ovo nosioci malih mešovitih poljoprivrednih gazdinstava, kao i mikro i mali
biznisi i preduzetnički poduhvati u samom začetku koji često nisu ni svesni da uz pomoć kredita mogu da poboljšaju svoju proizvodnju i poslovanje i tako povećaju prihode, a samim tim i kvalitet života za sebe i svoje porodice. Ova banka počela je sa radom u Srbiji 2002. godine kao štedionica da bi 2007. godine došlo do promene statusa iz štedionice u banku. 70% klijenata Opportunity banke živi van gradova u pretežno nerazvijenim ruralnim sredinama, a najveći deo kreditnog portfelja banke (90%) za-uzimaju krediti do 5.000 EUR koji su isplaćeni sa ciljem podrške poslovnim aktivnostima.
Opportunity banka je inovativna u načinu pružanja usluga klijentima, pa tako prelimi-narno odobrava kredite za agro klijente putem tablet uređaja, a malim biznisima nudi brz i jed-nostavan način da saznaju da li su kreditno spo-sobni uz pomoć veb aplikacije BIZBlink. Osim toga, banka je 2017. godine pokrenula eduka-tivni sajt o važnosti štednje i vođenju kućnog budžeta pod nazivom „Školica za štednju: 7 koraka do cilja“. Opportunity banka je članica međunarodne mreže mikrofinansijskih organi-zacija Opportunity International sa sedištem u Čikagu.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 14,123 14.123 119 119
Total Capital / Ukupni kapital 2,733 2.733 23 23
Equity Capital / Akcijski kapital 1,858 1.858 16 16
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 23.21% 23,21%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 3.18% 3,18%
Return on Equity / Stopa prinosa na kapital 13.80% 13,80%
Number of Employees / Broj zaposlenih 338 338
Organizational Structure Organizaciona mreža
Head Office, 7 Bank Branches, 19 Branch Offices Centrala, 7 filijala, 19 poslovnih jedinica
ОPPORTUNITY BANKA A.D. NOVI SAD Bulevar Oslobođenja 2а, 21000 Novi Sad www.obs.rs
78
OTP Bank Serbia is part of OTP Group, one of the leading groups
with a long tradition in Central and Southeastern Europe. At the moment, OTP Group services about 17 million clients in 9 countries, with approximate-ly 33 thousand employees and around 1500 branches.
OTP bank entered the Serbian mar-ket in 2005 with the purchase of Niška banka, followed two years later by the acquisition of Zepter and Kulska banka. The merger of these three banks, diffe-rent in terms of their structure, organi-zation and market orientation, remains a unique event on the Serbian market. OTP Group demonstrated its determi-nation to strengthen its position and keep developing in Serbia by taking over Vojvođanska banka. Thus, in December 2017, OTP Bank Serbia became the 100% owner of this bank. The merger of OTP Bank and Vojvođanska banka will create a strong financial institution, the seventh bank in Serbia according to its asset size.
The mission of OTP Bank Serbia is to provide its clients with a complete range of high quality financial services, whether they be from the re-tail segment, corporate segment or municipali-ties. Thanks to the strong focus on the acquisi-tion of new, creditworthy clients, the bank has significantly increased its client base in all these segments.
Harmonized and up-to-date practices in the bank’s management have enabled OTP Bank to capitalize on its potential, operating in a trans-parent and prudent manner and taking a proac-tive approach to innovations. The measures of the bank’s success are the increasing value gen-erated for our shareholders, and the growth of the bank’s profitability.
Same as OTP Group, OTP Bank Serbia is committed to building a society that promotes human relations, protects the environment and creates equal chances for people with special needs. The bank relies on its employees’ profes-sional abilities and commitment, showing ap-preciation for their work through competitive compensation based on individual results, and
motivating them through individual profes-sional development programs.
OTP Bank strives to become the leading universal bank in Serbia, not only through its recent acquisition, but also through dynamic organic growth, effective corporate governance and strong commitment to social responsibility.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 73,236 73.236 618 618
Total Capital / Ukupni kapital 27,208 27.208 230 230
Equity Capital / Akcijski kapital 31,608 31.608 267 267
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 28.1% 28,1%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva -0.9% -0,9%
Return on Equity / Stopa prinosa na kapital -3.4% -3,4%
Number of Employees / Broj zaposlenih 673 673
Organizational Structure Organizaciona mreža
Head Office, 52 Bank Branches, 3 Regional Centers Centrala, 52 filijala, 3 regionalna centra
OTP BANKA A.D. NOVI SAD Bulevar oslobođenja 80, 21000 Novi Sad www.otpbanka.rs
79
OTP banka Srbija deo je OTP Grupe, jedne od najuspešnijih grupacija koja ima dugu
tradiciju poslovanja i jedna je od vodećih u cen-tralnoj i jugoistočnoj Evropi. Trenutno, OTP grupa posluje sa oko 17 miliona klijenata u de-vet zemalja, sa oko 33 hiljade zaposlenih kroz mrežu od oko 1500 filijala.
OTP banka je na srpsko tržište došla još 2005. godine kupovinom Niške banke, a dve godine kasnije kupila je i Zepter i Kulsku ban-ku. Ovakvo spajanje tri banke različite po svo-joj strukturi, organizaciji i tržišnoj opredelje-nosti još uvek je jedinstven slučaj na srpskom tržištu. Opredeljenost da dodatno jača i razvija se u Srbiji, OTP grupa je pokazala preuzima-
njem Vojvođanske banke. Tako je u decembru 2017. godine OTP banka Srbija postala stopo-stotni vlasnik ove banke. Spajanjem OTP ban-ke sa Vojvođanskom nastaće snažna finansij-ska institucija, po veličini aktive sedma banka u Srbiji.
Misija OTP banke je da bude na usluzi kli-jentima kako stanovništva, tako i privrede i op-štinama, svojom kompletnom ponudom viso-kokvalitetnih finansijskih usluga. Zahvaljujući snažnom fokusu na akviziciji novih, kreditno sposobnih klijenata, banka je u velikoj meri povećala bazu klijenata u u svim pomenutim segmentima.
Usklađena i najnovija praksa u upravljanju OTP banke omogućava joj da iskoristi svoj po-tencijal, da posluje na transparentan i mudar način i da primenjuje proaktivan pristup ino-vacijama. Merila uspeha predstavljaju kontinu-irano povećanje vrednosti za akcionare i rast profitabilnosti OTP banke.
OTP banka Srbija posvećena je izgradnji dru-štva koje unapređuje ljudske odnose, štiti okoli-nu i stvara jednake šanse za osobe sa posebnim potrebama. Oslanja se na profesionalne sposob-nosti i posvećenost svojih zaposlenih, čiji uspeh ceni kroz konkurentnu nadoknadu na osnovu pojedinačnih rezultata i čiji rad motiviše kroz individualni program profesionalnog razvoja.
OTP banka nastoji da postane vodeća uni-verzalna banka u Srbiji ne samo nedavnom akvizicijom već i kroz dinamičan organski rast, efikasno korporativno upravljanje i snažnu po-svećenost društvenoj odgovornosti.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 73,236 73.236 618 618
Total Capital / Ukupni kapital 27,208 27.208 230 230
Equity Capital / Akcijski kapital 31,608 31.608 267 267
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 28.1% 28,1%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva -0.9% -0,9%
Return on Equity / Stopa prinosa na kapital -3.4% -3,4%
Number of Employees / Broj zaposlenih 673 673
Organizational Structure Organizaciona mreža
Head Office, 52 Bank Branches, 3 Regional Centers Centrala, 52 filijala, 3 regionalna centra
OTP BANKA A.D. NOVI SAD Bulevar oslobođenja 80, 21000 Novi Sad www.otpbanka.rs
80
Piraeus Bank a.d. Belgrade ended 2017 with excellent business results, having achieved
profit in the amount of 440 million dinars, which is a much better result compared to the year before. Total net business income record-ed a growth by over 22% year-on-year, having reached 2.8 billion dinars. Gross interest income exceeded 2 billion dinars due to the significant increase in the average retail and corporate loan portfolio by more than 5 billion dinars.
The bank has notably decreased its NPLs portfolio which at the end of 2017 decreased by 67% compared to the year before. The bank’s liquidity position remained extremely strong throughout the year, with indicators well above the prescribed minimum. The capital adequacy ratio at the end of 2017 amounted to 33.31%.
In 2017 Piraeus Bank remained at the course of corporate sustainability as the foundation and basic value directing all other activities. The bank has been the initiator and sponsor of significant events for talented children, as well as a participant in humanitarian events dedi-cated to those who are most in need of help.
In early 2018, Direktna Banka a.d. Kraguje-vac bought 100% of ownership of Piraeus Bank a.d. Belgrade, with the aim of expanding its
business and strengthening its position on the Serbian market. This integration is going to en-able improved accessibility of Direktna Banka’s products and services to its clients, at the same time increasing the bank’s sales network by 50%.
Directly Becoming Better. For You.
Piraeus bank is now part of Direktna Banka.
Direktna Banka a.d Kragujevac became 100% owner of Piraeus banka a.d. Beograd, which
will by the end of this year further expand its offer and branch network throughout Serbia.
Direktna Banka is a universal and stable domestic bank marking continuous growth and development of its banking operations in the local market. In this respect its offer of products and services keeps on improving and expanding in line with the needs of retail and corporate clients, i.e. small and medium
enterprises.
Soon, even bigger and stronger.Only For You.
www.direktnabanka.rs
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 51,063 51.063 431 431
Total Capital / Ukupni kapital 12,776 12.776 108 108
Equity Capital / Akcijski kapital 17,570 17.570 148 148
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 33.31% 33,31%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 0.91% 0,91%
Return on Equity / Stopa prinosa na kapital 2.5% 2,5%
Number of Employees / Broj zaposlenih 429 429
Organizational Structure Organizaciona mreža
Head Office, 26 Bank BranchesCentrala, 26 filijala
PIRAEUS BANK A.D. BEOGRAD Milentija Popovića 5b, 11070 Beograd www.piraeusbank.rs
81
Piraeus banka je uspešno završila 2017. godi-nu ostvarivši profit u iznosu od 440 miliona
dinara, što je višestruko bolji poslovni rezultat u poređenju sa prethodnom godinom. Ukupan neto poslovni prihod zabeležio je rast od preko 22 odsto u odnosu na isti period prošle godine, dostigavši 2,8 milijardi dinara. Bruto prihod od kamata je premašio 2 milijarde dinara zahvalju-
jući povećanju prosečnog portfolija kredita pri-vredi i stanovništvu za preko 5 milijardi dinara.
Banka je značajno smanjila portfolio nena-plativih kredita koji je na kraju 2017. godine bio manji za 67 odsto u odnosu na isti period prethodne godine. Pozicija likvidnosti je tokom godine bila izuzetno jaka, sa pokazateljima zna-čajno iznad propisanih. Koeficijent adekvatno-sti kapitala je na kraju 2017. godine iznosio 33,31 odsto.
Piraeus banka je i tokom 2017. godine ostala dosledna principu korporativne održivosti kao osnovne vrednosti prema kojoj se sve usmerava. Banka je bila inicijator i pokrovitelj značajnih manifestacija za talentovanu decu, kao i uče-snik humanitarnih događaja posvećenih onima kojima je pomoć najpotrebnija.
Početkom 2018. godine, Direktna Banka a.d. Kragujevac je kupila 100% vlasništva Piraeus banke a.d. Beograd, sa ciljem daljeg širenja svog poslovanja i jačanja pozicije na tržištu Srbije. Ova integracija obezbediće bolju dostupnost prizvoda i usluga Direktne Banke, kao i uveća-nje prodajne mreže banke za čak 50%.
Direktno postajemo
bolji. Za Vas.Piraeus banka Beograd je
od sada deo Direktne Banke.
Direktna Banka a.d. Kragujevac postala je 100% vlasnik Piraeus banke Beograd, čime će do kraja godine proširiti
svoju ponudu, kao i mrežu poslovnica širom cele Srbije.
Direktna Banka je univerzalna i stabilna domaća banka koja na lokalnom tržištu beleži kontinuiran rast i razvoj
svog bankarskog poslovanja. Ponuda proizvoda i usluga Direktne Banke stalno se dopunjava i usavršava u skladu sa potrebama kako fizičkih, tako i pravnih lica, odnosno
malih i srednjih preduzeća.
Uskoro još veći i snažniji. Samo za Vas.
www.direktnabanka.rs
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 51,063 51.063 431 431
Total Capital / Ukupni kapital 12,776 12.776 108 108
Equity Capital / Akcijski kapital 17,570 17.570 148 148
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 33.31% 33,31%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 0.91% 0,91%
Return on Equity / Stopa prinosa na kapital 2.5% 2,5%
Number of Employees / Broj zaposlenih 429 429
Organizational Structure Organizaciona mreža
Head Office, 26 Bank BranchesCentrala, 26 filijala
PIRAEUS BANK A.D. BEOGRAD Milentija Popovića 5b, 11070 Beograd www.piraeusbank.rs
82
ProCredit bank, as the only bank in Serbia established with German capital, is a de-
velopment-oriented commercial bank offering top quality customer services to small and me-dium enterprises and retail clients interested in savings. In its operations, the bank adheres to a number of core principles: it values transpar-ency in communication with its customers, it does not promote consumer lending, it strives to minimize its environmental footprint, and provides services based both on understanding each client’s situation and on a thorough finan-cial analysis.
In its operations with corporate clients, the bank focuses on small and medium-sized enter-prises, convinced that these businesses are the ones to create jobs and make a vital contribu-tion to the branches of industry in which they operate. By offering simple and accessible types of savings and other banking services, and by investing in financial education, the bank aims to promote a culture of savings and financial re-sponsibility that can contribute to higher stabil-ity and security of the citizens.
The bank’s shareholders expect a sustainable long-term return on investment, rather than be-
ing focused on short-term profit maximization. Substantial funds are invested in the training and professional development of the bank’s em-ployees in order to create a pleasant and efficient working atmosphere and to provide friendly and competent customer service for the clients.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 96,682 96.682 816.07 816,07
Total Capital / Ukupni kapital 14,833 14.833 125.20 125,20
Equity Capital / Akcijski kapital 6,440 6.440 54.36 54,36
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 17.16% 17,16%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 1.5% 1,5%
Return on Equity / Stopa prinosa na kapital 18.5% 18,5%
Number of Employees / Broj zaposlenih 420 420
Organizational Structure Organizaciona mreža
Head Office, 17 Service Points, 8 Branch Offices Centrala, 17 poslovnica, 8 ekspozitura
PROCREDIT BANK A.D. BEOGRAD Milutina Milankovića 17, 11070 Beograd www.procreditbank. rs
83
ProCredit banka, kao jedina banka sa nemač-kim kapitalom u Srbiji, razvojno je orijen-
tisana komercijalna banka koja pruža komplet-nu uslugu najvišeg kvaliteta malim i srednjim preduzećima i stanovništvu zainteresovanom
za štednju. U svom poslovanju banka se pridr-žava osnovnih principa: neguje transparentnu komunikaciju sa klijentima, ne promoviše po-trošačko kreditiranje, nastoji da svede na mi-nimum svoj uticaj na životnu sredinu i pruža usluge zasnovane kako na razumevanju situaci-je svakog klijenta ponaosob, tako i na temeljnoj finansijskoj analizi.
U svom poslovanju sa privredom fokusira se na mala i srednja preduzeća, uverena da upravo taj sektor doprinosi otvaranju novih radnih me-sta i daje ključni doprinos privrednim granama u kojima posluje. Kroz ponudu razumljivih i dostupnih vidova štednje i drugih bankarskih usluga, kao i kroz ulaganje u finansijsku eduka-ciju, cilj banke je da promoviše kulturu štednje i finansijske odgovornosti koje mogu doprineti većoj stabilnosti i sigurnosti stanovništva.
Akcionari banke očekuju dugoročno održiv prinos na investicije, umesto kratkoročnog uve-ćanja profita. Znatna sredstva ulažu se u obuku i razvoj zaposlenih, kako bi se stvorila prijatna i efikasna radna atmosfera, a klijentima osigura-la ljubazna i stručna usluga.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 96,682 96.682 816.07 816,07
Total Capital / Ukupni kapital 14,833 14.833 125.20 125,20
Equity Capital / Akcijski kapital 6,440 6.440 54.36 54,36
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 17.16% 17,16%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 1.5% 1,5%
Return on Equity / Stopa prinosa na kapital 18.5% 18,5%
Number of Employees / Broj zaposlenih 420 420
Organizational Structure Organizaciona mreža
Head Office, 17 Service Points, 8 Branch Offices Centrala, 17 poslovnica, 8 ekspozitura
PROCREDIT BANK A.D. BEOGRAD Milutina Milankovića 17, 11070 Beograd www.procreditbank. rs
84
In 2017 Raiffeisen Bank recorded one of the best business results since the start of its busi-
ness activities in Serbia. The profit exceeded EUR 54 million, the client base numbers more than 740,000 clients, and with its total loan portfolio of over EUR 1.2 billion, the bank is still one of the leading creditors in Serbia.
In the corporate segment, the credit portfo-lio exceeds EUR 631 million, hence the leading positions were maintained in doing business with large local and multinational companies, as well as the largest foreign investors. The to-tal loan portfolio of the retail banking segment and the small enterprises and entrepreneurs segment amounts to EUR 578 million.
The comprehensive project of branch trans-formation has been continued, resulting in 30% of the bank’s network being redesigned so that the clients can perform all transactions within the 24/7 self-service zone at the cutting-egde multifunctional ATMs. Following the grow-ing digitalization trend, the bank additionally improved its services by introducing the most modern payments via mobile phones. A con-stant growth of digital users has been record-ed, accounting for 14% of the market share, i.e. 30% of the client base. The bank went one step further in implementing innovations, by intro-
ducing a unique service in the Serbian market – a platform for client communication with the bank, based on artificial intelligence.
The proof of the good results also came from the renowned international financial magazine EMEA Finance, which awarded Raiffeisen Bank the title “Best Bank in Serbia“, i.e. “Best Invest-ment Bank in Serbia“ in 2017.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 264,621 264.621 2,234 2.234
Total Capital / Ukupni kapital 57,444 57.444 485 485
Equity Capital / Akcijski kapital 27,466 27.466 232 232
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 21.01% 21,01%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 3.91% 3,91%
Return on Equity / Stopa prinosa na kapital 24.13% 24,13%
Number of Employees / Broj zaposlenih 1,555 1.555
Organizational Structure Organizaciona mreža
4 Regional Centers, 4 Regional Bank Branches, 37 Bank Branches, 8 Local Bank Branches, 30 Branch Offices, 4 Cash Offices
4 regionalna centra, 4 regionalne filijale, 37 filijala, 8 lokalnih filijala, 30 ekspozitura, 4 šaltera
RAIFFEISEN BANKA A.D. BEOGRAD Đorđa Stanojevića 16, 11070 Novi Beograd www.raiffeisenbank.rs
85
Raiffeisen banka je u 2017. godini ostvarila je-dan od najboljih poslovnih rezultata od po-
četka svog poslovanja u Srbiji. Ostvaren je profit od preko 54 miliona evra, baza klijenata prema-šuje broj od 740.000, a sa ukupnim kreditnim portfolijom od preko 1,2 milijarde evra, banka je i dalje jedan od vodećih kreditora u Srbiji.
U Sektoru za poslovanje sa privredom kre-ditni portfolio premašuje 631 milion evra, čime
je zadržana jedna od liderskih pozicija u poslo-vanju sa velikim domaćim i multinacionalnim kompanijama, kao i najvećim stranim investi-torima. Ukupan kreditini portfolio Sektora za poslovanje sa stanovništvom i Sektora za rad sa malim preduzećima i preduzetnicima iznosi 578 miliona evra.
Nastavljen je opsežan projekat transformaci-je filijala, tako da preko 30% ukupne mreže čine potpuno redizajnirane poslovnice u kojima kli-jenti mogu da obavljaju sve transakcije u okviru 24/7 zone za samousluživanje na najsavreme-nijim bankarskim višenamenskim uređajima. Prateći rastući trend digitalizacije, dodatno je unapređena usluga uvođenjem najmodernijeg vida plaćanja putem mobilnog telefona. Zabele-žen je konstantan rast broja digitalnih korisnika sa 14% tržišnog učešća, odnosno 30% klijentske baze. Otišlo se i korak dalje u inovacijama uvo-đenjem jedinstvene usluge na domaćem tržištu – platforme za komunikaciju klijenata sa bankom, bazirane na veštačkoj inteligenciji.
Potvrda dobrih rezultata stigla je i od reno-miranog međunarodnog finansijskog magazina EMEA Finance, koji je Raiffeisen banku pro-glasio „Najboljom bankom u Srbiji“, odnosno
„Najboljom investicionom bankom u Srbiji“ u 2017. godini.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 264,621 264.621 2,234 2.234
Total Capital / Ukupni kapital 57,444 57.444 485 485
Equity Capital / Akcijski kapital 27,466 27.466 232 232
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 21.01% 21,01%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 3.91% 3,91%
Return on Equity / Stopa prinosa na kapital 24.13% 24,13%
Number of Employees / Broj zaposlenih 1,555 1.555
Organizational Structure Organizaciona mreža
4 Regional Centers, 4 Regional Bank Branches, 37 Bank Branches, 8 Local Bank Branches, 30 Branch Offices, 4 Cash Offices
4 regionalna centra, 4 regionalne filijale, 37 filijala, 8 lokalnih filijala, 30 ekspozitura, 4 šaltera
RAIFFEISEN BANKA A.D. BEOGRAD Đorđa Stanojevića 16, 11070 Novi Beograd www.raiffeisenbank.rs
86
Sberbank Serbia recorded an increase in prof-itability by 84% and achieved profit after tax
of 802.9 million dinars at the end of 2017. The main drivers of this result included the growing customer base, new partnerships, asset quality improvement, significant increase of transac-tion business and income from fees.
In 2017, the bank made significant progress in reducing the level of non-performing loans by as much as 40% compared to 2016. This re-sult was achieved thanks to the strong improve-ment in collection, restructuring and write-off of uncollectible receivables. Moreover, the bank realized the net interest income in the amount of 4.3 billion dinars, while the total net income from fees amounted to slightly over 1.2 billion dinars, which is a 41% increase in comparison to the year before.
An extensive customer satisfaction sur-vey conducted by Sberbank Serbia in 2017 confirmed a very high level of customer sat-isfaction. Competitive, transparent and tai-lored loan offers increased the bank’s total loan portfolio. New loans in all banking segments rose by one third (34%) compared with 2016, amounting to 39.4 billion dinars as of 31.12.2017. Continuous improvement of Sberbank’s products and services resulted in
an increase of the retail loans volume by 28% compared to the previous year.
Sberbank Serbia is the first bank in Serbia to have joined the prestigious international certi-fication program "Customers' Friend" in Janu-ary 2017, thus confirming the extremely high level of service quality and relationship with its clients and employees. Sberbank Serbia de-servedly wears the medal "Because we appreci-ate our clients".
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 116,033 116.033 979 979
Total Capital / Ukupni kapital 24,124 24.124 204 204
Equity Capital / Akcijski kapital 14,821 14.821 125 125
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 30.14% 30,14%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 0.71% 0,71%
Return on Equity / Stopa prinosa na kapital 5.42% 5,42%
Number of Employees / Broj zaposlenih 687 687
Organizational Structure Organizaciona mreža
Head Office, 2 Regional Centrеs, 33 Branch Offices Centrala, 2 regionalna centra, 33 ekspoziture
SBERBANK SRBIJA A.D. BEOGRAD Bulevar Mihajla Pupina 165g, 11070 Novi Beograd www.sberbank.rs
87
Sberbank Srbija zabeležila je porast profitabil-nosti od 84 odsto i ostvarila dobit od 802,9
miliona dinara u 2017. godini. Porast broja ko-risnika, nova partnerstva, poboljšanje kvalite-ta aktive, značajan porast poslovanja u smislu transakcija i prihoda od naknada bili su glavni pokretači ovakvih rezultata.
Banka je tokom 2017. godine ostvarila odli-čan rezultat na planu smanjenja nivoa proble-matičnih plasmana od čak 40 odsto u odnosu na 2016. godinu. Ovaj rezultat ostvaren je za-
hvaljujući znatno boljoj naplati, restrukturira-njima i otpisu nenaplativih potraživanja. Osim toga, Sberbank je ostvarila neto prihod od ka-mata u iznosu od 4,3 milijarde dinara dok je ukupan neto prihod od naknada nešto više od 1,2 milijarde dinara, što predstavlja povećanje od 41 odsto u odnosu na prethodnu godinu.
Opsežna anketa o zadovoljstvu klijenata koju je Sberbank Srbija sprovela tokom 2017. godine potvrdila je veoma visok nivo zadovoljstva kli-jenata. Konkurentne, transparentne i prilagođe-ne ponude kredita povećale su ukupni kreditni portfolio banke. Novi krediti u svim segmen-tima poslovanja banke povećani su za jednu trećinu (34 odsto) u odnosu na 2016. godinu i zaključno sa 31.12.2017. godine iznosili su 39,4 milijarde dinara. Konstantni rad na unapređe-nju proizvoda i usluga Sberbanke rezultirao je rastom plasmana u segmentu poslovanja sa sta-novništvom od 28 odsto u odnosu na prethodnu godinu.
Sberbank Srbija kao prva banka u Srbiji, pri-stupila je u januaru mesecu 2017. godine pre-stižnom međunarodnom sertifikacijskom pro-gramu „Customers' Friend“, potvrdivši time izrazito visok nivo kvaliteta usluga i odnosa sa svojim klijentima i zaposlenima. Sberbank Sr-bija zasluženo nosi medalju „Jer cenimo naše klijente“.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 116,033 116.033 979 979
Total Capital / Ukupni kapital 24,124 24.124 204 204
Equity Capital / Akcijski kapital 14,821 14.821 125 125
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 30.14% 30,14%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 0.71% 0,71%
Return on Equity / Stopa prinosa na kapital 5.42% 5,42%
Number of Employees / Broj zaposlenih 687 687
Organizational Structure Organizaciona mreža
Head Office, 2 Regional Centrеs, 33 Branch Offices Centrala, 2 regionalna centra, 33 ekspoziture
SBERBANK SRBIJA A.D. BEOGRAD Bulevar Mihajla Pupina 165g, 11070 Novi Beograd www.sberbank.rs
88
Societe Generale Bank Serbia a.d. Belgrade is the first foreign bank in the domestic mar-
ket, which opened its representative office back in 1977. For 40 years of doing business in Serbia, the bank has trodden the path from traditional banking to the improvement of its market posi-tion, having become one of the leading banks, increasingly focused towards developing a cul-ture of innovation.
Societe Generale Bank provides quality ser-vices and a diverse offer of products to the cli-ents, natural persons and legal entities – large private and state companies, national and mul-tinational companies, financial institutions, and small and medium-sized enterprises, mi-croenterprises and entrepreneurs.
In 2017, Societe Generale Bank additionally improved its operations, and with a profit after tax of six billion dinars (49.7 million euros) at the bank level achieved the best result ever since it has been operating at the local market. The consolidated balance sheet size has increased by 20.4% to 294.7 billion dinars (2.5 billion euros) in 2017, which helped Societe Generale to be-come the fourth largest bank in Serbia in terms of total assets.
Such commercial results contributed to So-ciete Generale Bank, which is a part of one of the largest European banking groups, becom-ing the second-largest bank according to the
volume of retail loans and the third-largest ac-cording to the size of the total loan portfolio.
The bank, recognizable for promoting the in-novation culture in Serbia, last year launched a large competition for the best entrepreneur-ial innovations called "Generator", offering a chance for the new ideas, feasible and sustain-able on the market, to be rewarded and sup-ported.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 287,988 287.988 2,431 2.431
Total Capital / Ukupni kapital 40,405 40.405 341 341
Equity Capital / Akcijski kapital 23,724 23.724 200 200
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 18.04% 18,04%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 2.6% 2,6%
Return on Equity / Stopa prinosa na kapital 25.4% 25,4%
Number of Employees / Broj zaposlenih 1,390 1.390
Organizational Structure Organizaciona mreža
Head Office, 93 Branch Offices, 1 Online Branch Office 1 Private Banking Branch Office
Centrala, 93 ekspoziture, 1 onlajn ekspozitura, 1 ekspozitura privatnog bankarstva
SOCIETE GENERALE BANKA SRBIJA A.D. BEOGRAD Bulevar Zorana Đinđića 50 a/b, 11070 Novi Beograd www.societegenerale.rs
89
Societe Generale banka Srbija a.d. Beograd je prva strana banka na domaćem tržištu, čije
je predstavništvo otvoreno 1977. godine. Za 40 godina poslovanja u Srbiji, od tradicionalnog bankarstva, prošla je put do unapređenja pozi-cije na tržištu u jednu od vodećih banaka koja se sve više okreće razvijanju kulture inovacija.
Societe Generale banka pruža kvalitetnu uslugu i raznovrsnu ponudu proizvoda klijen-
tima, fizičkim i pravnim licima – velikim pri-vatnim i državnim preduzećima, domaćim i multinacionalnim kompanijama, finansijskim institucijama, kao i sektoru malih i srednjih preduzeća, mikrobiznisu i preduzetnicima.
Societe Generale banka dodatno je unapredi-la poslovanje u protekloj 2017. godini, i sa dobit-kom nakon oporezivanja od šest milijardi dina-ra (49,7 miliona evra) na nivou banke ostvarila najbolji rezultat od kada posluje na domaćem tržištu. Konsolidovana bilansna suma uvećana je za 20,4% na 294,7 milijardi dinara (2,5 mi-lijardi evra) u 2017. godini, što je doprinelo da Societe Generale postane četvrta najveća banka po visini aktive u Srbiji.
Ovakvi komercijalni rezultati doprineli su da Societe Generale banka, koja je deo jedne od najvećih evropskih bankarskih grupacija, na domaćem tržištu preraste u drugu po obi-mu kreditiranja u radu sa stanovništvom i treću prema veličini ukupnog kreditnog portfolija.
Banka prepoznatljiva po promovisanju kul-ture inovacija u Srbiji, prošle godine pokrenu-la je i veliki konkurs za najbolje preduzetničke inovacije „Generator“, u okviru kojeg su nagra-đene i podržane nove ideje koje su izvodljive i održive na tržištu.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 287,988 287.988 2,431 2.431
Total Capital / Ukupni kapital 40,405 40.405 341 341
Equity Capital / Akcijski kapital 23,724 23.724 200 200
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 18.04% 18,04%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 2.6% 2,6%
Return on Equity / Stopa prinosa na kapital 25.4% 25,4%
Number of Employees / Broj zaposlenih 1,390 1.390
Organizational Structure Organizaciona mreža
Head Office, 93 Branch Offices, 1 Online Branch Office 1 Private Banking Branch Office
Centrala, 93 ekspoziture, 1 onlajn ekspozitura, 1 ekspozitura privatnog bankarstva
SOCIETE GENERALE BANKA SRBIJA A.D. BEOGRAD Bulevar Zorana Đinđića 50 a/b, 11070 Novi Beograd www.societegenerale.rs
90
Srpska banka a.d. Belgrade is one of the few domestic banks with preserved majority
ownership of the Republic of Serbia, which has achieved continuity throughout the many years of experience in banking. Established as a Mili-tary Service within the National Bank of Yu-goslavia, for a short time it operated under the name of YU Garant banka a.d. Belgrade, where-as since September 2003 it has been operating under the name of Srpska banka a.d. Belgrade.
The bank’s reorganization, conducted in late 2014 and early 2015, had a positive effect in the subsequent years. The realized profit before tax amounting to 25,448 thousand dinars in 2017 is an indication that the bank succeeded in re-sponding to the challenges both by the regula-tory bodies and the business environment. In 2017, Srpska banka a.d. Belgrade increased its equity by 314,106 thousand, i.e. by 12% com-pared to the previous year.
Srpska banka a.d. Belgrade focuses its activi-ties on providing banking services primarily to customers related to the Serbian defense indus-try. Business relationships are also established with other companies which are, either indi-vidually or as co-operators, involved in the spe-cific production, development and foreign trade transactions, as well as with the companies in the public sector. Due to the ownership struc-ture and specific operations of its traditional customers, the bank has developed a strong, long-term business relationship with its cus-
tomers and the network of correspondent rela-tions with a number of banks around the world.
Business cooperation with the retail clients is performed through the Belgrade Branch Office, which is located at the bank’s headquarters at 25, Savska Street.
The priorities of Srpska banka a.d. Belgrade in the forthcoming period remain unchanged, including the further strengthening of the capi-tal base and maintenance of long-term, solid and mutually beneficial business cooperation between the bank and its clients.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 14,101 14.101 119.02 119,02
Total Capital / Ukupni kapital 3,298 3.298 27.8 27,8
Equity Capital / Akcijski kapital 2,847 2.847 24.0 24,0
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 45.21% 45,21%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 0.21% 0,21%
Return on Equity / Stopa prinosa na kapital 1.03% 1,03%
Number of Employees / Broj zaposlenih 66 66
Organizational Structure Organizaciona mreža
Head Office, 1 Branch Office Centrala, 1 ekspozitura
SRPSKA BANKA A.D. BEOGRAD Savska 25, 11000 Beograd www.srpskabanka.rs
91
Srpska banka a.d. Beograd je jedna od retkih domaćih banaka, sa očuvanim većinskim
vlasništvom Republike Srbije, koja ima konti-nuitet i dugogodišnje iskustvo u bankarskom poslovanju. Osnovana kao Vojni servis u sasta-vu 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.
Reorganizacija banke, izvršena krajem 2014. godine i početkom 2015. godine, imala je pozi-tivan efekat u narednim godinama. Ostvarena
dobit pre oporezivanja u 2017. godini, u iznosu od 25.448 hilјada dinara, pokazuje da je banka uspela da odgovori na sve izazove, kako regula-tornih tela tako i poslovnog okruženja. Srpska banka a.d. Beograd je u 2017. godini povećala akcionarski kapital za 314.106 hilјada dinara, što predstavlјa povećanje za 12% u odnosu na prethodnu godinu.
Srpska banka a.d. Beograd svoje aktivnosti usmerava na pružanje bankarskih usluga pr-venstveno klijentima iz grupacije namenske industrije Srbije. Poslovnu saradnju ostvaruje i sa drugim privrednim društvima koja samo-stalno, ili kao kooperanti, učestvuju u realizaciji specifičnih proizvodnih, razvojnih i spolјnotr-govinskih poslova, kao i privrednim društvima iz javnog sektora. Zbog vlasničke strukture i specifičnosti poslova njenih tradicionalnih kli-jenata, banka ima čvrstu, dugoročnu poslovnu saradnju sa svojim klijentima i razvijenu mre-žu korespondentskih odnosa sa velikim brojem banaka širom sveta.
Poslovnu saradnju sa fizičkim licima banka obavlja preko Ekspoziture Beograd, koja je sme-štena u sedištu banke u Savskoj ulici broj 25.
Prioriteti Srpske banke a.d. Beograd i u na-rednom periodu ostaju nepromenjeni, uz dalјe jačanje kapitalne osnove i očuvanje dugoročne, čvrste i obostrano korisne poslovne saradnje banke i njenih klijenata.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 14,101 14.101 119.02 119,02
Total Capital / Ukupni kapital 3,298 3.298 27.8 27,8
Equity Capital / Akcijski kapital 2,847 2.847 24.0 24,0
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 45.21% 45,21%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 0.21% 0,21%
Return on Equity / Stopa prinosa na kapital 1.03% 1,03%
Number of Employees / Broj zaposlenih 66 66
Organizational Structure Organizaciona mreža
Head Office, 1 Branch Office Centrala, 1 ekspozitura
SRPSKA BANKA A.D. BEOGRAD Savska 25, 11000 Beograd www.srpskabanka.rs
92
With already more than 370,000 clients in its fourth year of operation, Telenor Bank,
part of Telenor Group, is one of the fastest grow-ing mobile and online banks in the region.
The personalized products of Telenor Bank have changed customer experience, having stirred the somewhat dormant market and making banking more efficient and simpler for customers and banks alike. Instead of waiting in queues to pay the bills, payments are today done in a couple of clicks, and it is now pos-sible to send money directly to a recipient’s e-mail or mobile phone. Telenor Bank was the first to introduce to the market a network of modern ATMs where customers can deposit or withdraw euros or dinars 24/7. The unique user platform on mobile phones or computers enables the customers to interactively manage their financial affairs, as well as to fully control their assets and transactions.
In 2017 the bank continued to work inten-sively on the development of modern forms of instant payments with the aim of enabling citi-zens to perform all their transactions by means of mobile phones. The bank was the first to in-troduce mCash service on the market. Using this innovation, with the help of phones and without using cards, the clients can withdraw or deposit money, or check the balance on their accounts at any Telenor Bank ATM.
Following its vision to be the first choice of the Serbian citizens in mobile and online bank-
ing, Telenor Bank went even further and devel-oped the first digital lending product in Serbia. Namely, in 2017 the first completely online cash loan was granted, without any physical sig-natures. The commercial introduction of this product was a major breakthrough in further digitalization of the banking system as a whole. Moreover, the "Fast Cash Loan" of Telenor Bank proves that it is possible to provide customer experience aligned with the bank’s business model, but also that the national laws and regu-lations absolutely support even the most inno-vative products.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 14,925 14.925 126 126
Total Capital / Ukupni kapital 1,714 1.714 14 14
Equity Capital / Akcijski kapital 6,199 6.199 52 52
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 40% 40%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva -8% -8%
Return on Equity / Stopa prinosa na kapital -19% -19%
Number of Employees / Broj zaposlenih 182 182
Organizational Structure Organizaciona mreža
Head Office, 1 Branch Office Centrala, 1 ekspozitura
TELENOR BANKA A.D. BEOGRAD Omladinskih brigada 88, 11070 Novi Beograd www.telenorbanka.rs
93
Telenor banka, deo Telenor grupe, sa već više od 370.000 klijenata u četvrtoj godini poslo-
vanja, jedna je od najbrže rastućih mobilnih i onlajn banaka u regionu.
Personalizovani proizvodi Telenor banke promenili su korisničko iskustvo, pokrenuvši donekle uspavano tržište i učinili da bankar-stvo postane efikasnije i jednostavnije – i za ko-risnike i za banke. Umesto čekanja u redovima za uplatu računa, plaćanja se danas obavljaju u nekoliko klikova, a omogućeno je i slanje novca direktno na imejl ili mobilni telefon primaoca.
Telenor banka je prva uvela mrežu savremenih bankomata na kojima korisnici 24/7 mogu de-ponovati ili podići evre ili dinare. Jedinstvena korisnička platforma na mobilnom telefonu ili računaru donosi korisnicima interaktivno upravljanje finansijskim poslovima, kao i pot-punu kontrolu nad sredstvima i transakcijama.
Tokom 2017. godine banka je nastavila da in-tenzivno radi na razvoju savremenih oblika in-stant plaćanja s ciljem da građanima omogući obavljanje svih transakcija mobilnim telefonom. Prva na tržištu Telenor banka je uvela mCash uslugu. Koristeći ovu inovaciju, uz pomoć te-lefona, bez korišćenja kartice, klijenti mogu da podignu ili uplate novac, ili da provere stanje na računu na bilo kom bankomatu Telenor banke.
Sledeći viziju da bude prvi izbor građana Sr-bije u mobilnom i onlajn bankarstvu, Telenor banka je otišla korak dalje i razvila prvi digital-ni kreditni proizvod u Srbiji. Naime, 2017. godi-ne zaključen je prvi potpuno onlajn gotovinski kredit, bez bilo kakvog fizičkog potpisa, a ko-mercijalno uvođenje ovog proizvoda predstavlja značajan iskorak u daljoj digitalizaciji bankar-skog sistema u celini. Uz sve to, „Brzi keš kredit“ Telenor banke dokazuje da je moguće obezbe-diti korisničko iskustvo koje je usklađeno sa bi-znis modelom banke, ali i da domaća zakonska regulativa apsolutno podržava i najinovativnije proizvode.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 14,925 14.925 126 126
Total Capital / Ukupni kapital 1,714 1.714 14 14
Equity Capital / Akcijski kapital 6,199 6.199 52 52
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 40% 40%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva -8% -8%
Return on Equity / Stopa prinosa na kapital -19% -19%
Number of Employees / Broj zaposlenih 182 182
Organizational Structure Organizaciona mreža
Head Office, 1 Branch Office Centrala, 1 ekspozitura
TELENOR BANKA A.D. BEOGRAD Omladinskih brigada 88, 11070 Novi Beograd www.telenorbanka.rs
94
UniCredit Bank Serbia is a member of Uni-Credit Group, which enables it to combine
local expertise with its international reach, i.e. the global support to its clients, providing them with unparalleled access to leading banks in its 14 core markets as well as in another 18 coun-tries worldwide. UniCredit European banking network includes Italy, Germany, Austria, Bos-nia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia, Slovenia and Turkey.
Since 2001, when UniCredit Bank entered the Serbian market, it has been building its identity as a universal bank, striving to provide multiple values added to all the stakeholders. In 2017 thanks to its improved processes, and introduc-tion of additional products and services, each tailored to the needs of the clients, the bank managed to further strengthen the position as one of the market leaders in terms of profitabil-ity, efficiency and productivity.
In line with its strategy, UniCredit Bank con-tinued to engage itself in the process of increas-ing reputation on the local market through its socially responsible business. Namely, in 2017 UniCredit Bank invested additional efforts to position itself highly in this respect, having
continued to involve its employees in different volunteering activities throughout Serbia. As a result, almost half of its employees participated in the mentoring programs, charity initiatives and environment-related projects. UniCredit Bank is making a difference by contributing to the economic, social and cultural welfare of the communities in which it operates.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 362,749 362.749 3,062 3.062
Total Capital / Ukupni kapital 69,340 69.340 585 585
Equity Capital / Akcijski kapital 23,608 23.608 199 199
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 18.73% 18,73%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 2.04% 2,04%
Return on Equity / Stopa prinosa na kapital 28.10% 28,10%
Number of Employees / Broj zaposlenih 1,254 1.254
Organizational Structure Organizaciona mreža
2 Head Offices, 71 Branch Offices 2 centrale, 71 ekspozitura
UNICREDIT BANKA SRBIJA A.D. BEOGRAD Rajićeva 27-29, 11000 Beograd www.unicreditbank.rs
95
UniCredit banka Srbija je članica UniCredit Grupe, što joj omogućava lokalnu eksper-
tizu, ali i međunarodni opseg, odnosno praće-nje i podršku klijentima na globalnom nivou, obezbeđujući im pristup vodećim bankama na 14 ključnih tržišta, ali i u 18 zemalja širom sveta. UniCreditova evropska bankarska mreža obuhvata Italiju, Nemačku, Austriju, Bosnu i Hercegovinu, Bugarsku, Hrvatsku, Češku Re-
publiku, Mađarsku, Rumuniju, Rusiju, Srbiju, Slovačku, Sloveniju i Tursku.
Od 2001. godine, kada je ušla na tržište Srbije, UniCredit banka gradi svoj identitet kao uni-verzalna banka, sa željom da njeno poslovanje svim zainteresovanim stranama donese više-struke prednosti. U 2017. godini banka je, za-hvaljujući unapređenim procesima i plasiranju dodatnih proizvoda i usluga, skrojenih u skladu sa potrebama klijenata, uspela da dodatno ojača poziciju jednog od lidera u pogledu profita, efi-kasnosti i produktivnosti.
U skladu sa svojom strategijom, UniCredit banka je nastavila da se angažuje u aktivno-stima koje dodatno unapređuju reputaciju na domaćem tržištu kroz društveno odgovorno poslovanje. Naime, u 2017. godini UniCredit banka je uložila vanredne napore da se viso-ko pozicionira u ovom pogledu, nastavivši da uključuje zaposlene u različite volonterske ak-tivnosti širom Srbije. Kao rezultat toga, skoro polovina zaposlenih je bila angažovana u men-torskim programima, humanitarnim inicijati-vama i sređivanju okoline. UniCredit banka je jedinstvena po tome što doprinosi ekonomskoj, socijalnoj i kulturnoj dobrobiti zajednica u ko-jima posluje.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 362,749 362.749 3,062 3.062
Total Capital / Ukupni kapital 69,340 69.340 585 585
Equity Capital / Akcijski kapital 23,608 23.608 199 199
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 18.73% 18,73%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva 2.04% 2,04%
Return on Equity / Stopa prinosa na kapital 28.10% 28,10%
Number of Employees / Broj zaposlenih 1,254 1.254
Organizational Structure Organizaciona mreža
2 Head Offices, 71 Branch Offices 2 centrale, 71 ekspozitura
UNICREDIT BANKA SRBIJA A.D. BEOGRAD Rajićeva 27-29, 11000 Beograd www.unicreditbank.rs
96
Vojvodjanska banka is one of the most rec-ognized local brands in the country with
150 years of business tradition. In 2017 it main-tained its position among the top ten largest banks by asset size. It is highly capitalized and liquid, among the best banks in the market with improved capital adequacy ratio of 21.34% at the year end.
With the fourth largest business network in Serbia consisting of 105 branches and 137 ATMs, along with the four regional business centres, the bank serves over a million of its cli-ents across the country. In 2017 the main goal in the bank’s activities with corporate and retail clients was to maintain long-term relationships, provide quality services and various products such as the specially tailored housing loans and special benefits for credit and debit card users, as well as to introduce a new package of prod-ucts and services for small business clients.
In 2017 the bank signed the fifth sponsorship agreement with the Olympic Committee of Ser-bia, and became a proud member of the Friends of UNICEF Club, thereby starting a strategic cooperation of the two institutions. Coopera-tion with the Gallery of Matica srpska success-fully continued through the project "Responsi-bly in Culture".
On 1 December 2017, through the acquisition of 100% shares by OTP banka Srbija, Vojvod-
janska banka became a member of OTP Group, the largest financial services provider in Hun-gary and the dominant regional player in the CEE market. The merger with OTP Bank was aimed at creating a dynamic and promising fi-nancial institution that would ensure its place at the top of the banking system, providing the highest quality banking operations along with the enhanced financial products and services.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 122,728 122.728 1,036 1.036
Total Capital / Ukupni kapital 17,970 17.970 152 152
Equity Capital / Akcijski kapital 16,338 16.338 138 138
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 21.34% 21,34%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva -1.64% -1,64%
Return on Equity / Stopa prinosa na kapital -12.90% -12,90%
Number of Employees / Broj zaposlenih 1,473 1.473
Organizational Structure Organizaciona mreža
Head Office, 105 Bank Branches Centrala, 105 filijala
VOJVOĐANSKA BANKA A.D. NOVI SAD Trg Slobode 7, 21000 Novi Sad www.voban.rs
97
Vojvođanska banka predstavlјa jedan od naj-poznatijih domaćih brendova u zemlјi sa
tradicijom poslovanja dugom 150 godina. Ban-ka je i u 2017. godini zadržala svoju poziciju među deset najvećih banaka po veličini aktive. Visoko je kapitalizovana i likvidna, među naj-bolјim bankama na tržištu uz unapređen po-kazatelј adekvatnosti kapitala koji je na kraju godine iznosio 21,34%.
Sa četvrtom najvećom poslovnom mrežom u Srbiji od 105 filijala i 137 bankomata, kao i
četiri regionalna biznis centra, banka uslužuje preko milion klijenata širom zemlјe. Osnovni cilј u poslovanju sa privredom i stanovništvom tokom 2017. godine bio je održavanje dugoroč-nih odnosa sa klijentima uz pružanje kvalitetne usluge i raznovrsnih proizvoda poput specijal-ne ponude stambenih kredita, posebnih pogod-nosti za korisnike kreditnih i debitnih kartica, kao i uvođenje novog paketa proizvoda i usluga za klijente malog biznisa.
Tokom 2017. godine potpisan je peti po redu ugovor o sponzorstvu sa Olimpijskim komite-tom Srbije, a postali smo i ponosni član „Kluba prijatelјa UNICEF-a“, čime je započeta strate-ška saradnja ove dve institucije. Uspešno je na-stavlјena saradnja sa Galerijom Matice srpske na projektu „Odgovorno u kulturi“.
Vojvođanska banka je 1. decembra 2017. go-dine, akvizicijom 100% akcija od strane OTP banke Srbija, postala članica OTP Grupe, naj-većeg pružaoca finansijskih usluga u Mađarskoj i dominantnog regionalnog igrača na tržištu Centralne i Istočne Evrope. Integracija sa OTP bankom imala je za cilj da stvori dinamičnu i perspektivnu finansijsku instituciju koja će osi-gurati mesto u vrhu bankarskog sistema, obez-beđujući najviši kvalitet svakodnevnog ban-karskog poslovanja uz unapređene finansijske proizvode i usluge.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 122,728 122.728 1,036 1.036
Total Capital / Ukupni kapital 17,970 17.970 152 152
Equity Capital / Akcijski kapital 16,338 16.338 138 138
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 21.34% 21,34%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva -1.64% -1,64%
Return on Equity / Stopa prinosa na kapital -12.90% -12,90%
Number of Employees / Broj zaposlenih 1,473 1.473
Organizational Structure Organizaciona mreža
Head Office, 105 Bank Branches Centrala, 105 filijala
VOJVOĐANSKA BANKA A.D. NOVI SAD Trg Slobode 7, 21000 Novi Sad www.voban.rs
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VTB Bank a.d. Belgrade, which has been present at the Serbian market for 5 years,
is part of VTB Group, a strong global financial group from the Russian Federation operating in 30 countries worldwide. By developing its business according to the specialized corporate bank model, VTB Bank combines global ex-perience and best international practices of its parent company with the local know-how and understanding of the local market.
In 2017, the main operating priorities in-cluded the digitalization of business processes, optimization of operations and operational expenses, as well as the increase of the capital base. The undertaken activities contributed to the bank’s effort to create a stable basis for gen-erating profit.
The strategic orientation of VTB Bank is to strengthen the economic exchange between Serbia and the Russian Federation through nu-merous forms of financial support to the local Serbian exporters and importers, whose op-erations are directed towards the Russian mar-ket and the markets of the Commonwealth of Independent States. Through a wide range of products and services, aimed at contributing to the healthy development of the local economy, VTB Bank provides quality financial support for the SMEs segment, as well as for the local and foreign investors. The significant advantage of VTB Bank is its unique approach to all client
groups, which includes flexibility, promptness, efficiency and adequate monitoring of their de-velopment plans and objectives.
With respect to the principles of sustainable development and corporate social responsibil-ity, VTB Bank strives to base its operations on the balance of economic, social and environ-mental goals, contributing thereby to the prog-ress of the entire social community through its investments in educational institutions, as well as in institutions providing care for persons with mental and intellectual disabilities.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 10,671 10.671 90 90
Total Capital / Ukupni kapital 1,635 1.635 14 14
Equity Capital / Akcijski kapital 3,672 3.672 31 31
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 21.64% 21,64%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva -0.79% -0,79%
Return on Equity / Stopa prinosa na kapital -5.01% -5,01%
Number of Employees / Broj zaposlenih 69 69
Organizational Structure Organizaciona mreža
Head Office, 2 Bank Branches Centrala, 2 filijale
VTB BANKA A.D. BEOGRAD Balkanska 2, 11000 Beograd www.vtbbanka.rs
99
VTB banka a.d. Beograd, koja na tržištu Srbije poslu-
je već 5 godina, deo je VTB gru-pe, snažne finansijske globalne grupacije iz Ruske Federacije koja posluje u 30 zemalja sveta. Razvijajući svoje poslovanje po modelu specijalizovane kor-porativne banke, VTB banka kombinuje globalno iskustvo i najbolje internacionalne prakse svoje matične kuće sa lokalnim znanjem i razumevanjem do-maćeg tržišta.
Tokom 2017. godine glavni prioriteti u poslovanju bili su digitalizacija poslovnih pro-cesa, optimizacija poslovanja i operativnih troškova, kao i uvećanje kapitalne osnove. Pre-duzete aktivnosti doprinele su da banka stvori stabilnu osno-vu za generisanje profita.
Strateško opredeljenje VTB banke je osnaživanje privredne razmene između Srbije i Ruske Federacije kroz brojne vidove finansijske podrške domaćim kompanijama izvoznicima i uvoznicima iz Srbije, čije je poslovanje usmereno na rusko
tržište, kao i tržišta zemalja Zajednice Neza-visnih Država. Kroz širok spektar proizvoda i usluga, u nastojanju da doprinese zdravom ra-zvoju domaće privrede, VTB banka pruža kva-litetnu finansijsku podršku za segment malih i srednjih prduzeća, ali i za domaće i inostrane investitore. Značajna prednost VTB banke je-ste jedinstven pristup svim grupama klijenata koji podrazumeva fleksibilnost, brzinu, efika-snost i adekvatno praćenje njihovih razvojnih planova i ciljeva.
Uvažavajući principe održivog i društveno odgovornog poslovanja, VTB banka nastoji da svoje poslovanje zasniva na ravnoteži ekonom-skih, socijalnih i ekoloških ciljeva, dajući svoj doprinos napretku celokupne društvene zajed-nice kroz ulaganja u obrazovne ustanove, kao i ustanove koje brinu o osobama sa mentalno-
-intelektualnim invaliditetom.
31.12.2017.RSD
(million)RSD
(u milionima)EUR
(million)EUR
(u milionima)
Balance Sheet Assets / Ukupna bilansna veličina 10,671 10.671 90 90
Total Capital / Ukupni kapital 1,635 1.635 14 14
Equity Capital / Akcijski kapital 3,672 3.672 31 31
Capital Adequacy Ratio / Koeficijent adekvatnosti kapitala 21.64% 21,64%
Return on Total Assets / Stopa prinosa na ukupno angažovana sredstva -0.79% -0,79%
Return on Equity / Stopa prinosa na kapital -5.01% -5,01%
Number of Employees / Broj zaposlenih 69 69
Organizational Structure Organizaciona mreža
Head Office, 2 Bank Branches Centrala, 2 filijale
VTB BANKA A.D. BEOGRAD Balkanska 2, 11000 Beograd www.vtbbanka.rs
100
The last year was characterized by the con-tinuation of work on the capital market
legislation and further alignment with the EU acquis. At the beginning of 2017 the Securi-ties Commission adopted the new Rulebook on the content and form of takeover bids, follow-ing the amendments to the Law on Takeovers of Joint-Stock Companies. Furthermore, the Rulebook on Market Abuse, Permitted Trading During Closed Periods and Market Research was adopted, whereas the Rulebook on supervi-sion exercised by the Commission got amended. The Commission also adopted the Rulebook on Exemptions from the Requirement to Produce a Prospectus. Aiming to further align the RS legal framework with the EU, support has been provided through the project of the Policy and Legal Advice Center (PLAC II) for the purpose of harmonization of legislation in the area of in-vestment services, preparation of the new draft law on the capital market, draft law governing investment funds in addition to the draft law introducing alternative investment funds.
In the course of the last year, a working group comprising several ministries and insti-tutions was formed and tasked with the com-modity exchange market regulation. At the moment, there is an ongoing public discussion concerning the Draft Law on Commodity Stock Exchanges. Activities have been continued to
further clarify the manner of reporting to the Commission and the electronic submission of prescribed information and documents. As of March last year, all the information referring to publicly traded companies is filed with the Commission – electronically, through the Elec-tronic Submission Gateway.
The new Rulebook on the Official Register of Information was adopted. The Official Register receives information through the Electronic Submissions Gateway, entailing that filings must be signed using qualified electronic sig-nature. Moreover, submissions from licensed market participants such as annual financial statements, audit reports, annual reports on op-erations etc. are also being filed electronically.
In addition, a new management company, four open-end investment funds, and a private fund were entered into the registers of the Secu-rities Commission. The new private investment fund PIF WMEP-1 is managed by the invest-ment fund management company Fima Invest. Furthermore, a new investment fund manage-ment company WVP Fund Management was licensed. The company was authorized to or-ganize four open-end investment funds: WVP CASH money-market fund, WVP BALANCED balanced fund, WVP PREMIUM and WVP DYNAMIC growth funds.
SECURITIES COMMISSION OF REPUBLIC OF SERBIA
Omladinskih brigada 1, 11070 Novi Beograd www. sec.gov.rs
SECURITIES COMMISSIONREPUBLIC OF SERBIA
101
Proteklu godinu obeležio je rad na regulati-vi kojom se uređuje oblast tržišta kapitala i
dalјem usklađivanju sa propisima EU. Naime, početkom 2017. godine Komisija za hartije od vrednosti je donela novi Pravilnik o sadržini i formi ponude za preuzimanje akcija nakon iz-mena i dopuna Zakona o preuzimanju akcio-narskih društava. Takođe, donet je Pravilnik o zloupotrebama na tržištu, odobrenju trgovanja tokom perioda zabrane trgovanja i istraživanju tržišta, a izmenjen je i Pravilnik o nadzoru koji sprovodi Komisija. Usvojen je Pravilnik o pri-meni izuzetaka od obaveze objavlјivanja pro-spekta. U cilјu pripreme za dalјe usklađivanje sa propisima EU, u okviru projekta EU Pravna podrška pregovorima – PLAC II, obezbeđena je podrška za usklađivanje propisa iz oblasti fi-nansijskih usluga, odnosno za pripremu nacrta novog zakona kojim se uređuje tržište kapitala, nacrta novog zakona o investicionim fondovi-ma i nacrta zakona o alternativnim investicio-nim fondovima.
Tokom protekle godine, bila je aktivna i me-đuresorna radna grupa na zadatku unapređenja i uređenja robno-berzanskog poslovanja. Na-crt zakona o robnoj berzi trenutno se nalazi na javnoj raspravi. Nastavlјen je rad na pojedno-stavlјenju načina obaveštavanja Komisije i elek-tronskom dostavlјanju propisanih informacija i dokumenata. Naime, od marta prošle godine
sve informacije koje se odnose na javna društva dostavlјaju se Komisiji putem Portala isklјučivo u elektronskom obliku.
Usvojen je Pravilnik o službenom registru informacija. Službeni registar prima informa-cije i izveštaje od obveznika izveštavanja preko Portala, a propisuje da svaka informacija koja se dostavlјa mora biti potpisana kvalifikovanim elektronskim sertifikatom. Od prošle godine i dostavlјanje redovnih godišnjih finansijskih iz-veštaja licenciranih učesnika, revizorskog izve-štaja, godišnjeg izveštaja o poslovanju i odluka o njihovom usvajanju vrši se samo elektron-skim putem, preko Portala za izveštavanje.
Pored toga, u registre Komisije upisani su novo društvo za upravlјanje, četiri otvorena investiciona fonda, kao i jedan privatni fond. Novim privatnim investicionim fondom PIF WMEP-1 upravlјa društvo za upravlјanje inve-sticionim fondovima FIMA INVEST. Takođe, Komisija za hartije od vrednosti je sredinom protekle godine dala dozvolu za rad društvu za upravlјanje investicionim fondovima WVP FUND MANAGEMENT. Ovom društvu date su dozvole za organizovanje četiri otvorena investiciona fonda: WVP CASH fond očuva-nja vrednosti imovine, WVP BALANCED ba-lansirani fond, kao i WVP PREMIUM i WVP DYNAMIC fondovi rasta vrednosti imovine.
KOMISIJA ZA HARTIJE OD VREDNOSTI REPUBLIKE SRBIJE
Omladinskih brigada 1, 11070 Novi Beograd www. sec.gov.rs
102
The momentum provided by the European regulators to the European capital markets,
having in mind, above all, the Capital Markets Union Initiative of the European Commis-sion, represents just one of the impulses to the Belgrade Stock Exchange in the process of re-establishing the capital market in Serbia as a main driver and propeller of economic growth. Although, in terms of liquidity and diversifica-tion of trading materials, 2017 cannot be con-sidered as a year with important improvements, it should be noted that a number of new initia-tives have been introduced at the Belgrade Stock Exchange all aiming to improve the Stock Ex-change contribution to the Serbian economy.
The most important activities in 2017 aimed at the significant improvements at the local cap-ital markets are: launching the Serbia: IPO Go! Project, financed by the EBRD Shareholder Spe-cial Fund, targeting the realization of the first initial public offering in Serbia; cooperation with the Funderbeam platform, granting the Serbian SMEs an opportunity to be financed by investors worldwide; as well as the SEElink project, enabling regional integration of the capital markets a more efficient regional cross-border market participation for investors and intermediaries. All the above mentioned activi-ties, are focused on the strategic reorientation
of the Belgrade Stock Exchange, as a result of recognizing the need for cheaper and more effi-cient financing options by the Serbian economy, as well as the need to adapt to the dynamic in-ternational environment.
When it comes to the annual turnover in 2017, it amounted to RSD 66.91 billion, i.e. EUR 553 million, which represents an increase by 50.1% compared to 2016, denominated in Serbian dinars. The increase in the trading turnover was recorded both for the Republic of Serbia government bonds and shares, but most of the turnover was recorded in government bonds, the same as in the year before. The benchmark index of the Belgrade Stock Exchange – BEL-EX15 ended 2017 at the level of 759.80 points, that is an annual increase by 5.91%, which is at the same time the highest value of this in-dicator since June 2011. The total market in-dex – BELEXline ended the year at the level of 1,662.53, with an annual increase by 5.93% also recording the maximum value since October 2008. Traditionally, at the end of the year, in November, 16th International Conference of the Belgrade Stock Exchange, UPGRADE IN BELGRADE 2017, was organized and was dedi-cated to the support provided by other market participants to the new activities and the new business model of the Stock Exchange.
BELGRADE STOCK EXCHANGE
Omladinskih brigada 1, 11070 Novi Beograd www.belex.rs
16th International Conference, UPGRADE IN BELGRADE 2017
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Zamajac koji tržišta kapitala dobijaju inicija-tivama evropskih regulatora u poslednjih
nekoliko godina, imajući tu u vidu pre svega inicijativu Unije za tržišta kapitala Evropske komisije, samo je dodatni podsticaj aktivnosti-ma Beogradske berze u cilju postavljanja tržišta kapitala u Srbiji na ispravne osnove. Iako se, po-smatrano sa aspekta likvidnosti i raznovrsnosti tržišnih materijala za 2017. godinu ne može reći da je srpskom tržištu kapitala donela značajni-je novine, činjenica je da je u toku prethodne godine na Beogradskoj berzi pokrenut određen broj projekata koji bi u narednom periodu tre-balo da doprinesu značajnijem učešću domaće Berze u srpskoj privredi.
Najznačajnije aktivnosti koje bi u narednom periodu trebalo da dovedu do značajnih una-pređenja na domaćem tržištu kapitala u toku 2017. bile su: pokretanje projekta Serbia: IPO Go! koji finansira Specijalni akcionarski fond EBRD-a, i koji za cilj ima realizaciju prve ini-cijalne javne ponude u Srbiji; saradnja sa kom-panijom Funderbeam, na bazi koje bi i srpska mala i srednja preduzeća imala priliku da se putem inovativne crowdfunding platforme po-vežu sa zainteresovanim investitorima širom sveta; kao i aktivnosti na projektu SEElink, koji omogućava regionalno integrisanje tržišta kapi-tala, kako bi se investitorima i brokerima obez-bedio efikasniji pristup lokalnim tržištima. Sve navedene aktivnosti fokusirane su upravo na stratešku preorijentaciju Beogradske berze kao posledicu prepoznavanja potreba srpske privre-de za dodatnim jeftinijim i efikasnijim izvorima kapitala, kao i na potrebu da se i srpsko tržište kapitala prilagodi dinamičnom međunarod-nom ambijentu.
Kada je reč o vrednosti prometa, ona je u 2017. godini na srpskom tržištu kapitala izno-sila 66,91 milijardu dinara, odnosno skoro 553 milona evra, što izraženo u dinarima predsta-vlja rast prometa od 50,1% u odnosu na 2016. godinu. Na godišnjem nivou zabeležen je rast vrednosti prometa i u trgovanju obveznicama Republike Srbije i u trgovanju akcijama, ali je,
kao i prethodne godine, evidentirana apsolutna dominacija obveznica RS. Indeks najlikvidnijih akcija srpskog tržišta kapitala BELEX15 je 2017. godinu završio na nivou od 759,80 indeksnih poena, što je za +5,91% viša vrednost u odnosu na kraj 2016. godine i istovremeno najviša vred-nost ovog pokazatelja ostvarena od juna 2011. Opšti indeks domaćeg tržišta BELEXline je prethodnu godinu završio na nivou od 1.662,53 indeksnih poena, sa rastom vrednosti od 5,93% u odnosu na kraj 2016. godine i takođe rekord-nom vrednošću zabeleženom od oktobra 2008. godine. Krajem godine, tradicionalno, orga-nizovana je i 16. Međunarodna konferencija Beogradske berze, UPGRADE IN BELGRADE 2017, u okviru koje je, između ostalog, Beograd-ska berza dobila podršku za dalji rad na novim projektima i unapređenje poslovnog modela.
BEOGRADSKA BERZA
Omladinskih brigada 1, 11070 Novi Beograd www.belex.rs
16. Međunarodna konferencija - UPGRADE IN BELGRADE 2017
CIP - Katalogizacija u publikacijiNarodna biblioteka Srbije, Beograd336.71 (497.11) BANKARSTVO / glavni i odgovorni urednik Verolјub Dugalić. - God. 32, br. 1/2 (2003) -. - Beograd: Udruženje banaka Srbije, 2003 - (Beograd: Čugura print). - 30 cmTromesečno. - Tekst uporedo na srp. i engl. jeziku. -Je nastavak: Jugoslovensko bankarstvo = ISSN 0350-4077ISSN 1451-4354 = BankarstvoCOBISS. SR-ID 109903884
SerbianBanking
2017Srpskobankarstvo
specijalni broj
Udruženje banaka Srbije
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