Privredna banka Sarajevo (PBS) is a joint‑stock commercial bank headquartered in Sarajevo, Bosnia and Herzegovina. It is one of the oldest banking institutions operating in the country and is listed on the Sarajevo Stock Exchange under the ticker symbol BORBRK3.
History
- 1913 – The building that now houses the bank’s headquarters was inaugurated as the Sarajevo branch of the Austro‑Hungarian Bank.
- 1962 – On 1 January 1962 the institution commenced operations under the name Privredna banka Sarajevo in the Socialist Republic of Bosnia and Herzegovina.
- 2008 – The bank was renamed Bor Banka Sarajevo.
- 2016 – A merger between Privredna banka Sarajevo d.d. Sarajevo and BOR bank d.d. Sarajevo created the present‑day Privredna banka Sarajevo, consolidating assets, branches, and operations under a single brand.
Corporate structure
Privredna banka Sarajevo is a publicly traded joint‑stock company (d.d.). The majority of its capital is privately held, with a small portion of shares listed on the Sarajevo Stock Exchange. The bank is supervised by the Banking Agency of the Federation of Bosnia and Herzegovina (FBA) and operates under the regulatory framework of the Central Bank of Bosnia and Herzegovina. It is a member of the Deposit Insurance Agency of Bosnia and Herzegovina and participates in the national interbank ATM network (BH mreža) operated by BAMCARD.
Key personnel (as of 2024)
- Rijad Raščić – Chairman of the Supervisory Board
- Hamid Pršeš – President of the Management Board
Operations and services
Privredna banka Sarajevo provides a full range of financial services to both retail and corporate clients, including:
- Current accounts, savings deposits, and term deposits
- Consumer, housing, and business loans
- Debit and credit card issuance
- Electronic banking platforms (e‑banking and m‑banking)
The bank operates a network of 17 branches across Bosnia and Herzegovina (2024), serving cities such as Sarajevo, Ilidža, Visoko, Zenica, Goražde, Brčko, and several other municipalities.
Headquarters
The main office is located at Obala Kulina bana 18, Sarajevo, adjacent to the Miljacka River and the Drvenija Bridge. The building, popularly known as “Banka na Obali,” is registered as a National Monument of Bosnia and Herzegovina by the Commission to Preserve National Monuments.
Ownership and financial position
Privredna banka Sarajevo is primarily financed by private capital, with its shares publicly traded. As of December 2024, it ranked 12th among banks in the Federation of Bosnia and Herzegovina by total assets.
Affiliations
- Member of the BH mreža ATM network
- Participant in the Deposit Insurance Agency of Bosnia and Herzegovina
- Subject to supervision by the Banking Agency of the Federation of Bosnia and Herzegovina and the Central Bank of Bosnia and Herzegovina
Website
The bank’s official website is www.pbs.ba.