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The majority of Serbian banks previously licensed by the National Bank of Serbia to operate in Kosovo have been shut down. These banks previously operated in the official currency of Serbia, the Serbian dinar. [2] Komercijalna Banka ad Beograd is now licensed through the Central Bank of Kosovo. [1]
Kosovo is an upper-middle income economy according to the World Bank, [18] and is a member of the World Bank and the International Monetary Fund. Its official currency is the euro. Kosovo has seen consistent economic growth since the end of the Kosovo War in 1999, with a positive growth rate in every year except 2020, during the COVID-19 ...
There are nine operational banks with branches in Prizren, ProCredit Bank, the Raiffeisen Bank, the NLB Bank, TEB Bank, Banka për Biznes (Bank for Business), İşbank, Banka Kombëtare Tregtare (National Trade Bank), Iutecredit, and the Payment and Banking Authority of Kosovo (BPK). [91]
Structure. The Kosovo banking network system is an informal and complex network in a sense that it ensures the flow of financial transactions and macroeconomic stability in the country including the Central Bank and other micro financial institutions. The central hub of the network is considered to be the Central Bank of Kosovo (CBK) which is a ...
Raiffeisenbank or Raiffeisen Bank refers to cooperative banks in Europe that are rooted in the early credit unions of Friedrich Wilhelm Raiffeisen. The name is found in: Raiffeisen Banking Group, Austrian group of cooperative banks. Raiffeisen Bank International (RBI), the group's central institution. Raiffeisen Zentralbank, the group's former ...
Raiffeisen Bank d.d. Bosna i Hercegovina, or simply Raiffeisen Bank, is a financial institution serving Bosnia and Herzegovina, with its headquarters located in Sarajevo. As a member of the Austria-based Raiffeisen Banking Group , Raiffeisen Bank BiH ( SWIFT code: RZBABA2S) provides banking services throughout the country.
According to Kosovo Central Bank's official data, it is shown that Germany holds the highest number of Investors in Kosovo. Right after Germany, with direct foreign investment comes Albania with 23.32%, then Switzerland with 22.71% and Austria with 15.50%. However the level of unemployment and poverty in Kosovo still stands high.
The Central Bank of Kosovo ( Albanian: Banka Qendrore e Republikës së Kosovës, Serbian: Централна банка Републике Косова / Centralna banka Republike Kosova) is the central bank of Kosovo. It was founded in June 2008, the same year Kosovo declared its independence from Serbia, with the approval of Law No. 03/L-074 ...