Privredna banka Sarajevo
{{Short description|Oldest bank in Bosnia and Herzegovina}}
{{Infobox company
| name = Privredna banka Sarajevo
| logo =
| caption =
| trade_name = Privredna banka Sarajevo
PBS
| native_name =
| native_name_lang =
| romanized =
| former type =
| type = State owned (d.d. - dioničko društvo)
| image = File:BOR_Bank_in_Sarajevo.JPG
| image_caption = The headquarters of Privredna Banka Sarajevo is the National monument of Bosnia and Herzegovina (Banka na Obali)
| traded_as = Sarajevo Stock Exchange: [http://www.sase.ba/v1/Tr%C5%BEi%C5%A1te/Emitenti/Profil-emitenta/symbol/BORBRK3 BORBRK3]{{cite web |title=Sarajevska berza-burza Tržište / Emitenti / Profil emitenta |url=http://www.sase.ba/v1/Tr%C5%BEi%C5%A1te/Emitenti/Profil-emitenta/symbol/BORBRK3 |publisher=SASE |access-date=10 May 2024 |language=Bosnian}}
| industry = Financial services
| fate =
| successor = Bor Banka Sarajevo
| foundation = {{Start date|1913}} as Austro-Hungarian Bank branch in BiH, Sarajevo
{{Start date|1962|01|01}} as Privredna banka Sarajevo{{cite web |title=- About us / Privredna banka Sarajevo |url=https://www.pbs.ba/en/o-nama/ |website=www.pbs.ba |access-date=10 May 2024 |language=English}}
| defunct =
| hq_location_city = Sarajevo, Obala Kulina bana 18, 71000, BiH
| hq_location_country = Bosnia and Herzegovina
| locations = 17 branches (2024)
| area_served = Bosnia and Herzegovina
| key_people = Rijad Raščić (Chairman of the Supervisory Board)
Hamid Pršeš, (President of the Management Board)
| products =
| net_income =
| net_income_year =
| assets =
| assets_year =
| parent =
| homepage = [https://www.pbs.ba/ www.pbs.ba]
}}
Privredna Banka Sarajevo d.d., or simply PBS, is oldest commercial bank serving Bosnia and Herzegovina headquartered in Sarajevo.
History
Privredna Banka Sarajevo started operating on January 1, 1962, in Socialist Republic of Bosnia and Herzegovina since when the Bank has been operating under this name for the first time.
On Bosnian market, PBS is brended as the commercial bank with oldest tradition{{cite web |title=Bosanski seljak, Austrijanac i Ugarin: Znate li da Sarajevo krije jednu od najstarijih banaka u BiH? |url=https://www.klix.ba/magazin/kultura/bosanski-seljak-austrijanac-i-ugarin-znate-li-da-sarajevo-krije-jednu-od-najstarijih-banaka-u-bih/231208077 |website=www.klix.ba |publisher=www.klix.ba |access-date=5 May 2024 |language=Bosnian |date=27 March 2013 |quote=Sagrađena je 1913. godine kao velika filijala Austro-Ugarske banke, a od tada, mijenjala je nazive, ali nikada i svoju namjenu}} with stakes listed on the Sarajevo Stock Exchange - majority private capital in Bosnia and Herzegovina.
As the commercial bank, Privredna Banka Sarajevo d.d. as name itself suggests (Privredna in Bosnian language means economic/bank for business), bank was the bearer of investment programs, encouraged the development of the economy of Bosnia and Herzegovina.
Since October 3, 2016, two domestic banks{{cite news |title=‘Nova’ Privredna banka Sarajevo počela sa radom |url=https://www.biznisinfo.ba/nova-privredna-banka-sarajevo-pocela-sa-radom/ |access-date=10 May 2024 |publisher=www.biznisinfo.ba |language=Bosnian |quote=03/10/2016 - Od danas dvije domaće banke – Privredna banka Sarajevo d.d. Sarajevo i BOR banka d.d. Sarajevo – posluju pod jedinstvenim nazivom Pri}} - Privredna banka Sarajevo d.d. Sarajevo and BOR bank d.d. Sarajevo - merged and operate under the unique name Privredna Banka Sarajevo (SWIFT code: PBSCBA22XXX) with the address Obala Kulina bana 18 (in ex headquarters of BOR banka d.d. Sarajevo.).
Privredna Banka Sarajevo is a member of Bosnian interbank ATM Network BH mreža operated by national payment clearing provider and processing center BAMCARD.{{cite web |title=BH Mreža bankomata |url=https://bhmreza.ba/ |website=www.bhmreza.ba |publisher=www.bhmreza.ba |access-date=10 May 2024 |language=Bosnian |quote=članica BH Mreže: ASA Banka, Bosna Bank International (BBI), Privredna banka Sarajevo (PBS), Union Banka}}
It is a member of Deposit Insurance Agency of Bosnia and Herzegovina (AOD){{cite web |title=Banke članice |url=https://aod.ba/hr/banke-clanice-2/ |website=www.aod.ba |publisher=www.aod.ba |access-date=10 May 2024 |language=Bosnian}} and it is supervised by FBA banking regulator based on CB BiH{{cite web |title=Centralna banka Bosne i Hercegovine - Banke u BiH |url=https://www.cbbh.ba/Content/Read/7 |website=www.cbbh.ba |access-date=10 May 2024 |language=Bosnian}} regulations.
Bank also offers consumer and business loans, housing loans, debit cards for customers in 17 branches: (2024) in BiH towns: Sarajevo, Old Town Sarajevo (Obala), Ilidža, Visoko, Usora, Olovo, Zenica, Goražde, Jablanica, Donji Vakuf, Maglaj, Jajce, Bugojno, Brčko and Gornji Rahić).
Customers of PBS can use debit and credit cards, e-banking/m-banking services for current accounts and deposits.
Bank on the Obala
The headquarters of Privredna Banka Sarajevo in Sarajevo, near Miljacka river and Drvenija Bridge is the National monument of Bosnia and Herzegovina (registered as Zgrada Banke na Obali - Bank on the Obala){{cite web |title=www.kons.gov.ba |url=http://aplikacija.kons.gov.ba/kons/public/nacionalnispomenici? |website=www.kons.gov.ba |publisher=www.kons.gov.ba |access-date=10 May 2024 |quote=Bank on the Obala (formerly a branch of the Austro-Hungarian Bank), the historic monument}} by the Bosnian national Commission to preserve national monuments of Bosnia and Herzegovina.
Originally, the bank building, locally known as Banka na Obali - served from 1913 as Bosnian branch office of the Austro-Hungarian Bank for Bosnia and Herzegovina.
After World War II, the bank building housed the Investment Bank.
In SR Bosnia and Herzegovina, as the parent bank, Privredna Banka Sarajevo made a system of local banks and branches mainly in the larger BiH cities (Zenica, Bijeljina, Mostar etc.), which later - at the beginning and during the Bosnian War, became separate local commercial banks by freezing or privatizing the assets of the PBS banking system in BiH which was created and developed in the former Yugoslavia.
After Bosnia and Herzegovina independence referendum, bank continued to operate in 1992 during the Siege of Sarajevo.