 BUSINESS PROFILE |
Jubanka a.d. Belgrade is an universal banking institution, registered and organized to transact payment transfer operations, deposit and credit operations in the country and abroad. It was founded in 1956 as a subsidiary of the Yugoslav Foreign Trade Bank with the primary task to provide complete banking services to Yugoslav companies in their foreign trade operations. During its 45 years of existence, it was transformed many times. Since June 1995 it is operating under its present name - Jubanka a.d. Belgrade, as a modern bank institution with a wide spread business network within the country, with good corresponding relations with the world and a major license from the National Bank of Yugoslavia.
The Bank was in October 2000 certified for its implementation of the quality system in its business in accordance with the requirement of the standard JUS ISO 9002. Experienced bank professionals, a developed business network, corresponding banking relations with international banks and a connections with the international system for the processing of financial transactions S.W.I.F.T. place Jubanka on the very top of banking joint-stock companies in Yugoslavia.
| BUSINESS POLICY |
Jubanka's business policy is based on the traditional principles of good banking operation:
- Ensuring liquidity, income and secure operations,
- Providing financial support to founding members and clients in their domestic and international business,
- Potential growth,
- Permanent development, perfection, increase of efficiency and quality in all operational segments in accordance with the international standards from the series ISO 9000.
By operating in accordance with this principles the Bank has through the years realized:
- Positive financial results,
- Absolute liquidity in payments of current and due dinar liabilities, thus ensuring unhindered operations of its shareholders, depositors and clients.
The quality and successful operation is confirmed by positive assessments of the auditors¢ Deloite & Touche on the creditworthiness of the Bank during several years.
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| CAPITAL AND RESERVES |
The Bank's gross capital is experiencing constant growth, primarily through the increase of share capital by the realization of share issues, together with important investment into reserves.
Among the Bank's founding members are most important Yugoslav companies from the field of production, domestic and foreign trade, construction and services sectors. The Bank has 1823 shareholders among which are companies of different ownership structure (socially owned, private and mixed ownership companies) and natural persons.
Jubanka itself is shareholder with several companies, banks and other financial organizations and stock exchange institutions.
| INTERNATIONAL BUSINESS |
Jubanka has established corresponding and open account relations with first class intenational banks I countries which maintained business transactions with Yugoslavia.
The Bank specialized in credit operations and international payment transfer operations, trading in foreign exchange and foreign exchange operations, as well as operations relating to bringing together domestic and foreign partners.
The Bank's business activities are focused to providing credits for export business, i.e. providing loans to all economic sectors which with their exports significantly contribute to the balancing of the country's payment balance. Furthermore, the Bank is engaged in the realization of investment programs of Yugoslav companies through forms of long-term economic co-operations with abroad, such as joint ventures, business and technical co-operation, long-term production co-operation and transfer of technology.
The Bank has successfully serviced the investment works of its clients worldwide, e.g. in Sudan, Algeria, Ghana, Libya, Kuwait, countries from the former USSR, Indonesia, Burma, Iraq, Syria, Tunisia, Jordan, Zambia, Nigeria, Panama, Peru, Malaysia, Egypt, China, etc… and thus made reputation of reliable and professional business partner in domestic and international relations.
The bank has expanded its international business contacts and perfected its specialty - the transaction of credit operations and foreign payment transfer operations, at the same time expanding the spectrum of banking operations in the country.
The Bank has especially developed retail foreign currency operations with domestic and international private clients, as well as other forms of non-cash payment operations |
