Vojvođanska banka a.d. Novi Sad

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Vojvođanska banka a.d. Novi Sad Logo

Address

Trg slobode 7, 21000, Novi Sad, Serbia

BIC

VBUBRS22

Overview

Category

Commercial banks

Business Focus

retail and business banking

Since 26 April 2019, Vojvođanska banka a.d. Novi Sad and OTP banka Srbija a.d. Novi Sad operate as a single bank under the name Vojvođanska banka a.d. Novi Sad, the bank is a member of OTP Group (Hungary). Vojvođanska banka a.d. Novi Sad is a universal bank, providing a broad range of retail, corporate and investment banking products and services to natural persons, SMEs and companies.

Performance

In 2022, Vojvođanska banka a.d. Novi Sad achieved the position of 3rd largest bank in Serbia with a market share of 12.33%; its total assets grew by 11.78%.

Additionally, the bank became the 8th profitable bank in relation to its total assets showcasing 1.54% return on assets and 11.35% return on equity in 2022.

Also the lender held the 5th position regarging its loans-to-deposits (L/D) registering 87.87% L/D ratio in 2022.

Deposit Protection

Deposits up to 50,000 EUR are covered by Serbian deposit guarantee scheme in Vojvođanska banka a.d. Novi Sad.

Ways to Bank

Vojvođanska banka a.d. Novi Sad delivered its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking
mobile app mobile app

Financials

Total Assets of Vojvođanska banka a.d. Novi Sad
Annual_profit of Vojvođanska banka a.d. Novi Sad
Market Share of Vojvođanska banka a.d. Novi Sad
Total Assets (2022)
744.01 bln RSD   (+11.78%)
Annual Profit (2022)
10,861.69 mln RSD   (+88.68%)

Vojvođanska banka a.d. Novi Sad ranked as the 3rd largest bank in Serbia by total assets. In 2022 its total assets were 744.01 bln RSD, representing a 12.33% market share. In 2022 the bank's annual profit was 10,861.69 mln RSD.

Deposit Guarantee

Protected Amount
up to 50,000 EUR
Guarantee Fund
Deposit Insurance Agency (AOD)Deposit Insurance Agency (AOD)
Covered Accounts
any credit balance
Eligible Depositors
natural persons
micro-, small- and medium-sized legal entities

Vojvođanska banka a.d. Novi Sad protects deposits up to up to 50,000 EUR per depositor through Serbia's deposit guarantee scheme. The scheme applies to any credit balance made by natural persons, micro-, small- and medium-sized legal entities. The bank participates in the Deposit Insurance Agency (AOD), making regular contributions into it.

See Also

Vojvođanska banka a.d. Novi Sad is a member of National Bank of Greece (Greece).

Contacts

addressTrg slobode 7, 21000, Novi Sad, Serbia
phone+381 21 48 86 600; +381-11-22-51-391
fax+381 21 66 24 859; +381-11-22-51-396
websitehttp://www.voban.co.rs

Social Networks

Vojvođanska banka a.d. Novi Sad has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
VBUBRS22
LEI
549300NNVS11JCO34740
Company Number
08074313

Bank Supervision

Supervised By
National Bank of Serbia
Reference Number
08074313

Vojvođanska banka a.d. Novi Sad was authorized and supervised by the National Bank of Serbia (reference number 08074313).

Bank History

Close Date
01 April 2022

Balance Sheet

Total Assets (2022)
744.01 bln RSD   (+11.78%)
Total Equity (2022)
100.36 bln RSD   (+10.27%)

In 2022 total assets of Vojvođanska banka a.d. Novi Sad were 744.01 bln RSD. Growth compared to the previous period (2021) was 11.78%. The evolution of the total assets of Vojvođanska banka a.d. Novi Sad is shown at Chart 1 below.

Total Assets of Vojvođanska banka a.d. Novi Sad.

Chart 1. Total Assets of Vojvođanska banka a.d. Novi Sad.

Recent changes in total assets of Vojvođanska banka a.d. Novi Sad and its main components are shown in Table 1.

2021 2022 change (%)
Cash and deposits with Central Banks 90.6 140.5 +55.05%
Loans to banks 8.8 11.2 +28.00%
Loans to customers 493.4 532.5 +7.91%
Total Assets 665.6 744.0 +11.78%

Table 1. Recent changes in total assets of Vojvođanska banka a.d. Novi Sad (bln RSD).

Recent changes in total liabilities of Vojvođanska banka a.d. Novi Sad and its main components are shown in Table 2.

2021 2022 change (%)
Bank deposits 167.0 170.0 +1.81%
Customer deposits 382.6 448.8 +17.30%
Total Liabilities 665.6 744.0 +11.78%

Table 2. Recent changes in total liabilities of Vojvođanska banka a.d. Novi Sad (bln RSD).

Income Statement

Operating Income (2022)
26,575.12 mln RSD   (+26.06%)
Annual Profit (2022)
10,861.69 mln RSD   (+88.68%)

Recent changes in gross profit of Vojvođanska banka a.d. Novi Sad and its main components are shown in Table 3.

2021 2022 change (%)
Interest Income 17,368.3 27,175.1 +56.46%
Interest Charges -2,004.7 -6,038.0 +201.19%
Net Interest Income 15,363.6 21,137.1 +37.58%
Commission Income 7,992.9 11,735.4 +46.82%
Commission Charges -2,286.1 -3,464.5 +51.55%
Net Commission Income 5,706.8 8,270.9 +44.93%

Table 3. Recent changes in gross profit of Vojvođanska banka a.d. Novi Sad (mln RSD).

In 2022 annual profit of Vojvođanska banka a.d. Novi Sad was 10,861.69 mln RSD. Growth compared to the previous period (2021) was 88.68%. The evolution of the annual profit of Vojvođanska banka a.d. Novi Sad is shown at Chart 2 below.

Annual Profit of Vojvođanska banka a.d. Novi Sad.

Chart 2. Annual Profit of Vojvođanska banka a.d. Novi Sad.

Market Share and Rank (among banks in Serbia)

Total Assets (2022)
3rd (market share 12.33%)

In 2022 Vojvođanska banka a.d. Novi Sad was ranked the 3rd largest bank in Serbiain terms of total assets, having 12.33% of the domestic market share.

Market share of Vojvođanska banka a.d. Novi Sad (among banks in Serbia)

Chart 3. Market share of Vojvođanska banka a.d. Novi Sad (among banks in Serbia)

Historical changes in Vojvođanska banka a.d. Novi Sad's domestic rank and market share over 2018-2022 are shown below:

YearRankMarket %
2022312.33 %
2021411.30 %
202085.20 %
201995.27 %
2018103.54 %

TheBanks.eu identified several banks banks having the market shares and ranks closest to Vojvođanska banka a.d. Novi Sad listed below.

RankNameMarket %Total Assets
2 OTP Banka Srbija a.d. Beograd13.95%828.69 bln RSD   (+11.38%)
3 Vojvođanska banka a.d. Novi Sad12.33%744.01 bln RSD   (+11.78%)
4 Unicredit Bank Srbija a.d. Beograd10.74%638.19 bln RSD   (+9.49%)

Identifiers of Vojvođanska banka a.d. Novi Sad

Discover key identifiers of Vojvođanska banka a.d. Novi Sad including its BIC, LEI, company number.

BIC (Business Identifier Code)

BIC: VBUBRS22

The BIC (also known as SWIFT code) for Vojvođanska banka a.d. Novi Sad is VBUBRS22. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.

KeyValue
BIC VBUBRS22
Bank BIC Code VBUB
Country Code RS (Serbia)
Location Code 22
Branch Code -

LEI (Legal Entity Identifier)

LEI: 549300NNVS11JCO34740

Vojvođanska banka a.d. Novi Sad’s LEI is 549300NNVS11JCO34740. This code is critical for verifying the institutions’s legal identity in financial markets and is used for regulatory reporting and risk management.

KeyValue
LEI 549300NNVS11JCO34740
LOU Identifier 5493
Reserved 00
Entity Identifier NNVS11JCO347
Verification ID 40

Company Registration Number

Company Registration Number: 08074313

Vojvođanska banka a.d. Novi Sad is registered in Serbia under company number 08074313. In Serbia,Company Registration Number (Матичен Броj) is assigned automaticallywhen registering a company; the company details are then availablein the Serbian Business Registers Agency.The registration number is a unique and unchangeable identifier whichconsist of 8 digits.

KeyValue
Company Number 08074313

Banks Similar to Vojvođanska banka a.d. Novi Sad

TheBanks.eu identified several banks similar to Vojvođanska banka a.d. Novi Sad based on various criteria, including:

  • country of incorporation
  • bank category
  • business focus
  • originating country
  • total assets (market share)

Bank Category
Commercial banks
Business Focus
retail and business banking
Total Assets
926.03 bln RSD   (+12.27%)

Bank Category
Commercial banks
Business Focus
retail and business banking
Total Assets
828.69 bln RSD   (+11.38%)

Bank Category
Commercial banks
Business Focus
universal banking
Total Assets
638.19 bln RSD   (+9.49%)

Bank Category
Commercial banks
Business Focus
retail and business banking
Total Assets
589.16 bln RSD   (+7.45%)

Bank Category
Commercial banks
Business Focus
universal banking
Total Assets
663.69 bln RSD   (+24.26%)

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