Alta Banka A.d.
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Alta banka (full name: Alta banka a.d. Beograd), formerly known as JUBMES banka, is a Serbian bank, providing
commercial Commercial may refer to: * (adjective for) commerce, a system of voluntary exchange of products and services ** (adjective for) trade, the trading of something of economic value such as goods, services, information or money * a dose of advertising ...
and
investment bank Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broade ...
ing. Its headquarters is in
Belgrade Belgrade is the Capital city, capital and List of cities in Serbia, largest city of Serbia. It is located at the confluence of the Sava and Danube rivers and at the crossroads of the Pannonian Basin, Pannonian Plain and the Balkan Peninsula. T ...
,
Serbia , image_flag = Flag of Serbia.svg , national_motto = , image_coat = Coat of arms of Serbia.svg , national_anthem = () , image_map = , map_caption = Location of Serbia (gree ...
.


History

The bank was established in 1979. In October 2018, the
Government of Serbia The government of Serbia ( sr-cyrl, Влада Србије, Vlada Srbije), formally the Government of the Republic of Serbia ( sr-cyrl, Влада Републике Србије, Vlada Republike Srbije), commonly abbreviated to Serbian Governme ...
announced that it plans to sell its stake by the end of the year. In December 2018, the Government of Serbia put its 28.51% stake in ownership structure on sale. As of 22 March 2019, JUBMES banka has a
market capitalization Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by ...
of 25.67 million euros. On 27 March 2020, the bank changed its name to Alta banka, following the change in ownership structure.


See also

*
List of banks in Serbia This is a list of banks in Serbia. Central bank * National Bank of Serbia Commercial banks As of 31 March 2025, there are 19 licensed commercial banks in Serbia. Below is a balance sheet total and number of employees from 30 December 2022 whic ...


References


External links

* 1979 establishments in Serbia Banks established in 1979 Banks of Serbia Companies based in Belgrade Government-owned companies of Serbia Serbian brands {{Serbia-company-stub