First permits for investment banking in Serbia in 12 years issued to Alta Bank

The Securities Commission has adopted the decision by which a permit for the carrying out of activities of an investment company is issued to Alta banka a.d.

With this permit, said bank acquires the right to provide investment services and activities in line with the Law on the Capital Market.

– The issuing of this permit is an important event in the local financial market, considering that this is the first permit of this kind issued to a bank after 12 years. This move opens new possibilities for the further strengthening of the competitiveness and stability of the financial sector in Serbia – the commission points out.

The expansion of the activities of Alta Bank to investment banking is expected to contribute to the further development of the capital market and provide the clients with an even wider range of financial products and services.

Komisija za hartije od vrednosti Republike Srbije Beograd

Alta banka ad Beograd

Securities Commission

Alta banka Beograd

permit for the carrying out of activities of an investment company