Poštanska štedionica (full legal name: Banka Poštanska štedionica a.d. Beograd) is a Serbian bank that is one of the largest operating in Serbia. It was founded in 1921 and its headquarters are located in Belgrade, Serbia. As of, it is the sole bank operating on the Serbian market that is majority (or wholly) owned by the Government of Serbia.
History
Poštanska štedionica (meaning "Post's savings service") was founded on 26 June 1921 in Palilula, Belgrade when the law of postal savings service was implemented. By 1926 it had become the main financial savings institution in Kingdom of Yugoslavia, with branches in all postal offices in the entire county. By then, it practiced a policy of financial transactions free of any taxes, intended to motivate the population to save capital.[3]
A period of technological implementation followed. In 1969 the offices are equipped with the first IBM computers. Also, Poštanska štedionica became the first financial institution in all of SFR Yugoslavia to introduce the credit cards. In 2002 Poštanska štedionica becomes a fully operational bank, and, in 2006, it changes its name to Banka Poštanska štedionica a.d.[3]