These are the most profitable banks and insurance companies in Serbia

According to the ranking published in the Finance TOP supplement of the monthly Business and Finance, AIK Banka was the most profitable bank in Serbia in 2020.

A longtime leader, Banca Intesa fell to second place in terms of profit but retained the leading position in terms of assets.

First on the list of insurers, according to the realized premium is, as a year before, Dunav Osiguranje.

The biggest banks in Serbia

AIK Banka was the most profitable bank in Serbia in 2020, generating a profit of over 9.8 billion dinars, according to the ranking by Finance TOP. Banca Intesa lost its leading position and fell to second place with a profit of just under 9.5 billion dinars. The change at the top was primarily due to the fact that AIK Banka did not have increased provisions for risky placements.

Raiffeisen Bank is in third place is with a profit of over 5.5 billion dinars, UniCredit Bank is fourth, generating a profit of just under 5.4 billion, and Komercijalna Banka is among the top five, but with a profit that fell below three billion dinars.

Insurance companies with the highest premium

When it comes to insurance companies, the largest premium was achieved by Dunav Osiguranje in the amount of 29.7 billion dinars, which is about 26 percent of the total premium on the Serbian market.

Generali Osiguranje occupies second place with a premium of 22.1 billion dinars. Wiener Städtische Osiguranje is in third place with a premium of 13.2 billion dinars, one position higher than in 2019. DDOR Novi Sad is on fourth place with a premium of 13.09 billion dinars, while Triglav Osiguranje is ranked fifth with a premium of 7.1 billion dinars.

(B92, 23.06.2021)





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