Yugoslav Agricultural Bank

The '''Yugoslav Agricultural Bank''' ({{langx|sh|Jugoslovenska poljoprivredna banka}}, also known as '''Poljobanka''') was a state-owned bank in Yugoslavia, based in Belgrade, established in 1956. In 1978, it was reorganized and rebranded as '''Agrobanka'''. Agrobanka was placed in receivership in late 2011 and subsequently liquidated.

==History==

Poljobanka was established in 1956 from agricultural credit operations of the National Bank of Yugoslavia (NBJ), marking the end of Yugoslavia's pure monobank system but still conforming to the Communist framework of a single-tier banking system.<ref name=Ilic>{{citation |url=https://anali.rs/xml/202-/2022c/2022-1c/Anali_2022-1c-03.pdf |date=2022 |author=Saša Ilić |title=Socialist Banking: The continuous evolution of the banking sector in Yugoslavia (1944/45–1991/92)}}</ref>{{rp|49}} It complemented the new credit system that also included the Yugoslav Bank for Foreign Trade and Yugoslav Investment Bank.<ref name=Hauvonen>{{citation |url=https://www.elibrary.imf.org/downloadpdf/journals/024/1970/003/article-A004-en.pdf |title=Postwar Developments in Money and Banking in Yugoslavia |author=Jouko J. Hauvonen |publisher=International Monetary Fund |date=1970}}</ref>{{rp|568}}

Despite Poljobanka's birth in 1956 by spinoff from the NBJ, Agrobanka portrayed itself as the continuator not just of Poljobanka but also of the Privileged Agrarian Bank of Yugoslavia which had been in existence between 1929 and 1946.<ref>{{cite web |website=Development Aid |accessdate={{date|2026-4-25}} |url=https://www.developmentaid.org/organizations/view/168949/agricultural-bank-agrobanka-ad |title=Agricultural Bank Agrobanka A.D.}}</ref>

Agrobanka was placed into receivership by the Serbian authorities on {{date|2011-12-29}}, and the National Bank of Serbia revoked its license on {{date|2012-5-25}}, appointing the Deposit Insurance Agency (DIA) as administrator. The DIA created a new entity, Nova Agrobanka a.d. Beograd, as a bridge bank.<ref>{{cite web |website=National Bank of Serbia |date={{date|2012-5-25}} |url=https://www.nbs.rs/sr/scripts/showcontent/index.html?id=5799&konverzija=no |title=The National Bank of Serbia Revokes the Operating Licence from Poljoprivredna banka Agrobanka a.d. Beograd}}</ref> Multiple arrests were made in the context of the Agrobanka case.<ref>{{cite web |website=Balkan Insight |date={{date|2012-8-14}} |url=https://balkaninsight.com/2012/08/14/more-arrests-to-follow-in-agrobanka-case/bi/all-balkan-countries/ |title=More Arrests Predicted In Serbia's Agrobanka Case}}</ref>

==See also== * List of banks in Yugoslavia

==References== {{reflist}}

Category:Defunct banks of Yugoslavia Category:Banks established in 1956