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Alpha Bank Beograd (full name: Alpha Bank a.d. Beograd) is the Serbian subsidiary of the Greek bank, Alpha Bank.

On January 26, 2005 Alpha Bank officially agreed the purchase of a 88.64% stake in Serbian Jubanka. By June 2005, its name was changed to Alpha Bank Beograd.

In March 2008, it was announced that the bank made profit of RSD228.82 million (~2.8 million) during year 2007, which was in sharp contrast to year 2006 when it posted a gross loss of RSD39.42 million (~€490,000).[1]

[edit] History

  • The bank was founded in 1991 as Jubanka and was the 5th largest Bank in Serbia in 2005.

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