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Foreign Investors Council
47, Gospodar Jevremova Street, IV Floor, 11000 Belgrade, Serbia
Phone: +381 11 3281 958, 3281 965
e-mail: office@fic.org.rs

MENI

Member News

26. September 2019.

SOCIETE GENERALE SERBIA CHANGES NAME TO OTP BANKA SRBIJA

Hungary's OTP Group has announced that it has successfully completed the procedure of acquiring Societe Generale bank Serbia, which will continue operations under a new name - OTP Banka Srbija AD Beograd.

The group’s statement reveals that Societe Generale Osiguranje (Insurance) will be-come OTP Osiguranje ADO Beograd and Sogelease will be renamed to OTP Leasing Srbija doo. The OTP Group, which is also the owner of Vojvodjanska Banka, says it will continue to strengthen its market position in Serbia and the merger of the two banks will result in the creation of the leading banking institution in the Serbian market in terms of assets, the number of branch offices, and lending and deposit portfolios. It adds that, at this moment, Societe Generale Serbia cli-ents do not have to take any action related to the change of ownership.

Source: Executive Newsletter

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