Privredna Banka Sarajevo d.d., or simply PBS, is oldest commercial bank serving Bosnia and Herzegovina headquartered in Sarajevo.
History
Privredna Banka Sarajevo started operating on January 1, 1962, in Socialist Republic of Bosnia and Herzegovina since when the Bank has been operating under this name for the first time.
On Bosnian market, PBS is branded as the commercial bank with oldest tradition[3] with stakes listed on the Sarajevo Stock Exchange - majority private capital in Bosnia and Herzegovina.
As the commercial bank, Privredna Banka Sarajevo d.d. as name itself suggests (Privredna in Bosnian language means economic/bank for business), bank was the bearer of investment programs, encouraged the development of the economy of Bosnia and Herzegovina.
Since October 3, 2016, two domestic banks[4] - Privredna banka Sarajevo d.d. Sarajevo and BOR bank d.d. Sarajevo - merged and operate under the unique name Privredna Banka Sarajevo (SWIFT