Banca Intesa boosts capital

“There is no doubt that the recapitalization of Banca Intesa is very important news, not only for the domestic banking system, but also for the entire economy. Our parent banking group Intesa Sanpaolo has once again confirmed its long-term commitment to the Serbian market and its strategic dedication to further develop operations in our country,” said Draginja Djuric, President of Banca Intesa Executive Board.

By boosting its capital, Banca Intesa will create additional conditions for continued growth of lending activity, which will certainly help ease the negative effects of the global financial crisis on the domestic economy.

“We believe it is very important for the entire banking sector to provide full support to all the segments of the economy and the state at this moment in order to define a joint strategy that would address existing challenges in the most successful way. In this way, we, as the leading bank in the market, confirm our readiness to take an active role in this process. Our business activities will continue to focus on developing operations with both citizens and the economy,” Draginja Djuric added.