Banca Intesa Beograd is one of the largest operating banks in Serbia, majority owned (93%) by the Italian Intesa Sanpaolo and other 7% by International Financial Corporation, World Bank. Its headquarters is in Belgrade, Serbia.
History
It was founded as Delta banka in 1991. In February 2005, Banca Intesa acquired 75% stake in the bank for €278 million. By August of same year its stake was increased to 90%.
Following the majority takeover finalization, Delta banka officially changed its name to Banca Intesa Beograd during fall 2005.[3] The bank has been trading on Belgrade Stock Exchange (BELEX) since 2006.[4]
As a result of the August 2006 merger of Banca Intesa and Sanpaolo IMI banking groups, since 1 January 2007 Banca Intesa Beograd operated as member of the newly formed Intesa Sanpaolo group. Since Sanpaolo IMI owned Panonska banka in Serbia, a decision had to be made about the new group's future structure in Serbia.