KBC Bank

KBC Bank (KBC) and Austria's Raiffeisen Bank International (RBI) have announced that they have reached an agreement with a Belgian-based banking group to acquire 100% of the shares of Raiffeisen (Bulgaria) EAD, which conducts banking operations on the side of RBI.

BELGRADE - Top five banks in Serbia recorded net gains of RSD 26.17 billion at the end of 2013, the National Bank of Serbia (NBS) released.

On the other hand, the latest NBS quarterly report on the banking sector shows that five banks which operated with least success at the end of 2013 recorded net losses of RSD 28.25 billion.

BELGRADE - Erste Bank has the highest unauthorized overdraft interest rate, 81.56 percent, of all the Banks in Serbia, while Dunav banka has the lowest, 16.34 percent, the National Bank of Serbia (NBS) has said.