AIK Banka completes merger with Eurobank Direktna

BELGRADE - Serbia's AIK Banka has completed a merger with Eurobank Direktna - as of Monday, the new bank is operating under the name of AikBank ad Beograd and with a new visual identity.

AikBank is the third-largest bank in the Serbian market, with total assets of 6.4 bln euros and a credit portfolio of 3.7 bln euros, an official statement said.

AIK Banka became the owner of Eurobank Direktna in November 2023 and previously also acquired Alpha bank in 2017 and Sberbank in 2022, the statement also said.