Union Banka

Union Banka
Union Banka
UnionBank
Company typeState owned (d.d./a.d. - dioničko/akcionarsko društvo)
Sarajevo Stock Exchange: UNIBR[1]
IndustryFinancial services
Founded1955 (1955)
1992 (1992) as Union Banka[2]
SuccessorYugoslav Bank for Foreign Trade
Headquarters
Sarajevo
,
Bosnia and Herzegovina
Number of locations
13 branches (2024)
Area served
Bosnia and Herzegovina
Key people
Maja Letica (Chairman of the Supervisory Board)
Vedran Hadžiahmetović, (President of the Management Board)
Websitewww.unionbank.ba

Union Banka d.d. Sarajevo, or simply Union Bank, is a bank serving Bosnia and Herzegovina headquartered in Sarajevo.

It was founded in 1955 as a Bosnian branch office of the Jugoslovenska banka za spoljnu trgovinu (Yugoslav Bank for Foreign Trade) in the Socialist Republic of Bosnia and Herzegovina.

After the Bosnia and Herzegovina independence referendum, the bank started operating in 1992 during the Siege of Sarajevo under the current name Union Bank d.d. Sarajevo.

The Government of the Federation of Bosnia and Herzegovina entity is the owner of the bank, via stakes listed on the Sarajevo Stock Exchange.

On the Bosnian market, Union Banka is brended as the only[3] commercial bank with the majority state-owned capital in Bosnia and Herzegovina.

Union Bank (SWIFT code: UBKSBA22XXX) is a member of Bosnian interbank ATM Network BH mreža operated by national payment clearing provider and processing center BAMCARD.[4]

It is a member of the Deposit Insurance Agency of Bosnia and Herzegovina (AOD)[5] and it is supervised by the FBA banking regulator based on CB BiH[6] regulations.

The bank also offers consumer loans, housing loans, and business loans together with documentary affairs and guarantees.

Customers of Union Bank can use debit and credit cards, and e-banking/m-banking services for current accounts and deposits.

  1. ^ "Sarajevska berza-burza Tržište / Emitenti / Profil emitenta" (in Bosnian). SASE. Retrieved 5 May 2024.
  2. ^ "ABOUT US". www.unionbank.ba. Retrieved 5 May 2024.
  3. ^ "Jedina državna banka u Federaciji BiH kreće u osvajanje tržišta". www.klix.ba (in Bosnian). www.klix.ba. 27 March 2013. Retrieved 5 May 2024. Jedina komercijalna banka u Federaciji BiH u državnom vlasništvu - Union banka, objavila je danas nove strateške ciljeve i ambiciozne planove
  4. ^ "BH Mreža bankomata". www.bhmreza.ba (in Bosnian). www.bhmreza.ba. Retrieved 5 May 2024. članica BH Mreže: ASA Banka, Bosna Bank International (BBI), Privredna banka Sarajevo (PBS), Union Banka
  5. ^ "Banke članice". www.aod.ba (in Bosnian). www.aod.ba. Retrieved 5 May 2024.
  6. ^ "Centralna banka Bosne i Hercegovine - Banke u BiH". www.cbbh.ba (in Bosnian). Retrieved 5 May 2024.