AikBank

{{Short description|Serbian banking and financial services company}}

{{Infobox company

| name = AikBank

| logo = Aikbank-logo-plava-pozadina.png

| logo_size = 200px

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| image =

| image_size = v

| image_alt =

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| type = Joint-stock company

| traded_as =

| industry = Banking

| founded = {{start date and age|1993|08|10|df=yes}}

| location_city = Bulevar Arsenija Čarnojevića 59, Belgrade

| location_country = Serbia

| area_served = Serbia
Slovenia

| key_people = Petar Jovanović {{small|(CEO)}}

| services =

| products = {{ubl|Retail banking|Commercial banking|Mortgage loans|Finance leasing|Factoring}}

| revenue = {{increase}} 176.69 million {{small|(2024)}}{{cite web |title=AIK Banka Income Statement (2024) |url=https://www.aikbanka.rs/api/media/Income-statement-31-12-2024.pdf |website=www.aikbanka.rs |access-date=31 January 2025 |language=Serbian}}

| net_income = {{increase}} €82.23 million {{small|(2024)}}

| aum =

| assets = {{increase}} €4.174 billion {{small|(2024)}}{{cite web |title=AIK Banka Balance Sheet (2024) |url=https://www.aikbanka.rs/api/media/Balance-sheet-31-12-2024.pdf |website=www.aikbanka.rs |access-date=31 January 2025 |language=Serbian}}

| equity = {{increase}} €0.841 billion {{small|(2024)}}

| owner = BDD M&V INVESTMENTS a.d. Beograd {{small|(89.80%)}}
BDD M&V INVESTMENTS a.d. (Joint account) {{small|(10.20%)}}

| num_employees = 2,000 {{small|(2024)}}

| homepage = {{URL|https://www.aikbank.rs/}}

| footnotes =

}}

AikBank (full legal name: AikBank a.d. Belgrade) is a commercial bank based in Belgrade, Serbia.

History

=1976–2014=

Upon being founded, AIK Banka initially operated as an internal bank of the Agro Industrial Combine (Agroindustrijsko komercijalna) Niš since 1976. On 10 August 1993, after obtaining the license of the National Bank of Yugoslavia, it became a full-fledged financial institution, working with legal entities and individual clients, registered as a joint venture.

Greek ATEbank acquired 24.99% of common and 24.99% of preferential shares of AIK Banka in 2006 for an undisclosed amount.{{Citation needed|date=May 2013}}

=2014–2025: Takeover by MK Group=

In February 2014, a Serbian company Sunoko (subsidiary of MK Group), became the major shareholder of the company with 50.37% of total shares at the time.{{cite news|title=Kostić kupio AIK banku|url=http://www.politika.rs/rubrike/Ekonomija/Kostic-kupio-AIK-banku.lt.html|accessdate=2 August 2015|work=politika.rs|date=27 February 2014|language=Serbian}} On 1 July 2015, the bank moved its headquarters from Niš to Belgrade, and also changed its legal name to AIK Banka a.d. Belgrade.{{cite news|title=Kostić preselio AIK banku|url=http://www.b92.net/biz/vesti/srbija.php?yyyy=2015&mm=08&dd=01&nav_id=1022413|accessdate=2 August 2015|work=b92.net/|date=1 August 2015|language=Serbian}}

In 2015, AIK Banka became a member of the MK Group. By purchasing the shares of the Slovenian Gorenjska Banka in 2016, AIK Banka increased its income and profitability, continuing its expansion outside the Serbian market, i.e. toward the EU.{{Citation needed|date=June 2022}}

Locally, AIK Banka ensured further growth by acquiring 100% of shares of Alpha Bank in April 2017.{{cite news|title=AIK Banka kupila Alpha Banku, vraća se ime Jubanka|url=http://bif.rs/2017/04/aik-banka-kupila-alpha-banku-vraca-se-ime-jubanka/|accessdate=17 November 2017|work=bif.rs|date=12 April 2017|language=Serbian}} On 22 December 2017, Jubanka has completed the process of merging into AIK Banka and more than 800 of Jubanka's employees have left the company from June until December 2017.{{cite news|title=U Jubanci bez posla ostaje 800 radnika|url=http://www.novosti.rs/vesti/naslovna/ekonomija/aktuelno.239.html:696453-U-Jubanci-bez-posla-ostaje-800-radnika|accessdate=3 January 2018|work=novosti.rs|date=18 November 2017|language=Serbian}}{{cite news|last1=O.|first1=M.|title=AIK banka: Dođite u ekspoziture po platne kartice|url=http://www.danas.rs/ekonomija.4.html?news_id=366195&title=AIK+banka%3A+Do%C4%91ite+u+ekspoziture+po+platne+kartice|accessdate=3 January 2018|work=danas.rs|date=25 December 2017|language=Serbian}}

As of December 2017, AIK Banka owns 75.99% of shares in Slovenian Gorenjska banka.{{cite news|title=Sava to sell its stake in Gorenjska Banka to Serbia's AIK – report|url=https://www.reuters.com/article/slovenia-gorenjska-aik/sava-to-sell-its-stake-in-gorenjska-banka-to-serbias-aik-report-idUSL8N1OD5DY|accessdate=12 January 2018|work=reuters.com|agency=Reuters|date=13 December 2017}}{{cite news|title=Kostić će za Gorenjsku banku platiti čak 80 milijuna eura|url=http://www.poslovni.hr/svijet-i-regija/kostic-ce-za-gorenjsku-banku-platiti-cak-80-mil-eura-335526|accessdate=12 January 2018|work=poslovni.hr|date=17 December 2017|language=Croatian}} As of December 2017, Gorenjska banka controls 4.7% of Slovenian banking market share. AIK Banka finished the 2017 calendar year with record 101.97 million euros of net profit, the most in the Serbian banking market.{{cite news |last1=Obradović |first1=Miloš |title=Kostićeva AIK banka zaradila 100 miliona evra |url=https://www.danas.rs/ekonomija/kosticeva-aik-banka-zaradila-100-miliona-evra/ |accessdate=4 June 2018 |work=danas.rs |date=25 April 2018 |language=Serbian}} In November 2021, AIK Banka bought the majority of shares of Sberbank Srbija.{{cite news |title=Nastavlja se ukrupnjavanje banaka: Aik banka kupila Sberbanku Srbija |url=https://novaekonomija.rs/vesti-iz-zemlje/nastavlja-se-ukrupnjavanje-banaka-aik-banka-kupila-sberbanku-srbija |access-date=21 January 2022 |work=novaekonomija.rs |date=4 November 2021 |language=Serbian}} The process of merging was completed in December 2022.{{cite web |title=AIK BANKA ZAVRŠILA PROCES PRIPAJANJA NAŠE AIK BANKE |url=https://www.kamatica.com/vest/aik-banka-zavrsila-proces-pripajanja-nase-aik-banke/68075 |website=kamatica.com |publisher=danas.rs |access-date=16 March 2023 |language=Serbian}}

In March 2023, AIK Banka bought the majority of shares of another bank operating in Serbia, Eurobank Direktna, for a total of 280 million euros.{{cite web |url=https://seenews.com/news/serbias-aik-banka-to-acquire-eurobank-direktna-for-280-mln-euro-816461 |title=Serbia's AIK Banka to acquire Eurobank Direktna for 280 mln euro |website=seenews.com |access-date=16 March 2023 |date=3 March 2023}}

=2025–present: AikBank=

AikBank has been operating under that name since 31 March 2025, after the successful merger of Eurobank Direktna bank and AIK Banka.{{Cite web |title=AIK Banka uspešno pripojila Eurobank Direktna banku - Nedeljnik |url=https://www.nedeljnik.rs/aik-banka-uspesno-pripojila-eurobank-direktna-banku/ |access-date=2025-03-31 |website=www.nedeljnik.rs |language=sr-RS}}

Prizes and awards

The European Business Council, a renowned independent corporation of economic, social and humanitarian collaboration, acknowledged AIK Banka as the best regional institution at the International Socrates Award Ceremony {{Cite web |url=http://www.nedeljnik.rs/vesti/portalnews/aik-banka-proglasena-za-najbolje-regionalno-preduzece |title=AIK Banka proglašena za najbolje regionalno preduzeće - Nedeljnik |access-date=2017-08-02 |archive-url=https://web.archive.org/web/20170802172122/http://www.nedeljnik.rs/vesti/portalnews/aik-banka-proglasena-za-najbolje-regionalno-preduzece |archive-date=2017-08-02 |url-status=dead }} in 2016. Simultaneously, the President of the Executive Board, Ms. Jelena Galić, was named the manager of the year. Additionally, two years in a row, in 2015 and 2016, AIK Banka was a recipient of a prestigious award of a renowned international magazine ‘International Banker’,{{Cite web|url=http://www.blic.rs/vesti/drustvo/aik-banka-proglasena-za-najbolju-banku-u-srbiji/zndd0xs|title = AIK Banka proglašena za najbolju banku u Srbiji| date=20 December 2016 }} for the best commercial bank in Serbia and for providing best customer services in Eastern Europe.

See also

{{Portal|Companies|Banks}}

References

{{Reflist}}