Raiffeisen bank successfully completes merger of RBA bank

BELGRADE - Raiffeisen bank Belgrade has announced it had successfully completed a legal and operational merger of RBA bank, which began with an acquisition of a 100 pct stake in the bank - the former Credit Agricole Serbia - in April last year.

In a statement on Wednesday, Raiffeisen bank said the two banks would be operating as a new, integrated Raiffeisen bank Belgrade, providing services to customers on 139 locations across the country.

It said the number of its ATMs had been increased to over 300.