Miloš Vujnović PhD, President of the Executive Board of JUBMES banka a.d. Beograd

40 Years of Experience-based Decisions

With the results achieved in 2018 by all key parameters, JUBMES banka significantly exceeded the plans and objectives defined for the mentioned period.Profitability growth and earnings of RSD 465.28 million have been recorded. High growth of balance sum, i.e. volume of business activity, which has been increased by 33.5%, has led to the highest level in the Bank’s history ever since it commenced operating as a commercial institution. The growth of business activity volume is the result of a distinctive trend of growth of depositors’ trust in the Bank, retail and corporate customers alike. In 2018, a 46.8% growth of deposits was recorded. This resulted in significant continuation of the trend of progressive growth of placements to the Bank clients and earnings from interest rates of 44%, in spite of continuation of the trend of continuous decrease of interest rates on Bank placements in the banking market, and consequently in the Bank as well.

The trend of significant growth of portfolios of placements to the clients existing in the last three years, especially in 2018, has created a basis for a further certain and continuous profitability growth in the following years.


Business Thought

Robert Kiyosaki




H.E. Mrs. Alona Fisher Kamm, Ambassador of Israel to Serbia

The total area of the State of Israel is 8,630 sq. miles (22,145 with a population of around 8 million people. The country is bordered by Lebanon to the north, Syria to the northeast, Jordan to the east, Egypt to the southwest, and the Mediterranean Sea to the west.

Mountains and plains, fertile land, and desert are often minutes apart.

Jewish history began about 4,000 years ago (c. 17th century BC) with the patriarchs - Abraham, his son Isaac, and grandson Jacob.​​​​​​​​​​​



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