Private Banking in Serbia
Private banking in Serbia has undergone a renaissance in recent years. Serbia has become an attractive destination for foreign capital. Belgrade is the main hub for foreign investment in the region, meaning that many foreign banks are represented. There are more than twenty commercial banks active in Serbia, and many of them offer private banking and wealth management services.
Besides fully locally-owned banks, the Serbian private banking sector is characterized by international banks with capital from neighboring countries like Montenegro, Slovenia, Hungary, EU countries like Italy and Germany, and further afield from China, Turkey, UAE and Grenada.
Private banks in Serbia offer meticulously tailored financial strategies. High-net-worth individuals, corporates and endowments can benefit from access to specialized private banking services, designed to not only preserve but enhance their wealth. Private banking in Serbia is accessible both to residents and non-residents. Of course, extra services like credit and debit cards are available. For example, some private banks in Serbia offer multi-currency cards allowing you to spend your funds in Euros or US Dollars.
Private banks in Serbia must always be opened presentially, but this can be done via power of attorney. Belgrade Family Office staff can assist with opening of bank accounts on behalf of non-resident private clients.
The private banking divisions of financial institutions in Serbia foster long-term relationships, providing a level of financial expertise that aligns seamlessly with the specific goals and preferences of their clients. Would you like to open a private banking account in Serbia? You can contact us for direct introductions to key private bankers.
in Serbia