Adriatic Bank a.d. Beograd

What kind of company is Adriatic Bank?

It is a privately held universal commercial bank in Serbia offering retail and business banking, wholly owned by a US holding company.

Is Adriatic Bank publicly traded?

No. The bank is 100 percent owned by Adriatic Capital LLC and is not listed on any stock exchange.

Who owns Adriatic Bank?

Adriatic Capital LLC, a Delaware-registered US company, owns 100 percent of Adriatic Bank a.d. Beograd and the sister bank in Podgorica, Montenegro.

How profitable is Adriatic Bank?

It earned 1.71 billion dinars in 2025, a 4.75 percent return on assets and 29.36 percent return on equity, the second most profitable Serbian bank relative to size.

Where is Adriatic Bank headquartered?

At Dalmatinska 22, 11000 Belgrade, Serbia.

What was Adriatic Bank called before?

It was founded as Centrobanka (1990), renamed Laiki Bank (2006), Expobank a.d. Beograd (2017), and Adriatic Bank (September 2023).

The bank was founded in December 1990 as Centrobanka JSC Belgrade, operating for 15 years as a local commercial bank for SMEs and individuals through the post-Yugoslav transition.

In February 2006, Cyprus-based Laiki Popular Bank acquired 90.4 percent and renamed it Laiki Bank. The 2013 Cypriot banking crisis led to the unwind of Laiki's overseas operations, and in February 2017 Czech-controlled Expobank CZ bought 100 percent of the shares, rebranding it Expobank a.d. Beograd.

Following Russia's 2022 invasion of Ukraine, sanctions pressure on Russian-linked owners forced Expobank to divest its European assets. In April 2023, Adriatic Capital LLC acquired the Serbian bank, which changed its name to Adriatic Bank JSC Belgrade effective September 1, 2023. The same holding controls the Montenegrin institution, which adopted the identical brand.

Under new ownership the bank has operated as a small but highly profitable universal bank. In 2025 it held the 17th position in Serbia by total assets at 33.4 billion dinars, down 13.2 percent year over year, while earning 1.71 billion dinars, up 2.8 percent, making it the second most profitable bank in the country measured against asset size.