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Serbia
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).

AIK Banka A.D.

Main Activities: Banking and Credit Intermediation

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Company Information

Full name
AIK Banka A.D. Nis

Headquarters
42, Nikole Pasica Str.; Nis; Nisava; 18000
Status: OTC traded
Legal Form: Public Limited Company
Operational Status: Operational
ISIN CODE : RSAIKBE15363
ISIN CODE : RSAIKBE36633
ISIN CODE : RSAIKBE79302
YU-MB: 06876366
Financial Auditors: KPMG (2013)
Incorporation Date: June 27, 1995
Total Employees: 505

Tel: (+381 18) 507 400, 507 410

Company Description

Agroindustrijska komercijalna banka (AIK Banka a.d. Nis) was registered as a commercial bank in 1993.
It was founded in 1976 to service the accounts of the Agro-industrial plant in the town of Nis.
In October 2006, Greece's ATE Bank acquired a 20% stake in the lender for EUR 92.6 million.
The bank operates more than 70 outlets across Serbia.

Company Analysis

According to the Individual - Non-Audited financial statement for the first three cumulated quarters of 2012, total net operating revenues increased with 4.15%, from RSD 8,649,024 thousands to RSD 9,007,902 thousands. Operating result increased from RSD 2,056,778 thousands to RSD 3,023,458 thousands which means 47.00% change. The results of the period increased 47.00% reaching RSD 3,023,458 thousands at the end of the period against RSD 2,056,778 thousands last year. Return on equity (Net income/Total equity) went from 4.48% to 6.09%, the Return On Asset (Net income / Total Asset) went from 1.43% to 1.98% and the Net Profit Margin (Net Income/Net Sales) went from 23.78% to 33.56% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 206.90% compared to 213.67% of last year.

Key Executives

Christos Stokas Member of the Management Board
Djordje Djukic Member of the Management Board
Ljubisa Jovanovic Member of the Management Board
Miodrag Kostic Chairman of the Management Board
Nikola Litvinenko Member of the Management Board
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Balance Sheet

Total Assets

154,352,341

152,359,295

Total Liabilities

104,090,328

102,714,569

Shareholders Equity

50,262,013

49,644,726

* All the accounts are in RSD.
Income Statement

Total Operating Revenue

12,156,975

9,007,902

Operational Profit (Loss)

4,009,827

3,023,458

Net Profit (Loss)

4,009,827

3,023,458

* All the accounts are in RSD.
Ratios
Valuation figures and ratios

Bookvalue (BV)

50,195,273

49,574,914

Leverage Ratios

Leverage ratio

307.1%

306.9%

Market ratios

Market cap/Shareholder equity

0.28

0.24