Kosovska Banka
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Kosovska Banka (Albanian: Banka e Kosovës), branded as BANKKOS, was a bank established in Pristina, Yugoslavia, operating from the late 1960s[citation needed] to June 1999.
Kosovska Banka operated as both a commercial and investment bank, providing financial services to individuals, enterprises, and state institutions. It had branches in Ferizaj, Gjilan, Gjakova, Peja, Mitrovica, and Prizren. In the 1980s, it was one of nine associated banks that together formed the backbone of the commercial banking sector in Yugoslavia, together with Beogradska Banka and Jugobanka in Belgrade, Vojvođanska Banka in Novi Sad, United Bank of Croatia in Zagreb, Ljubljanska Banka, Privredna Banka Sarajevo, Stopanska Banka in Skopje, and Investment Bank Titograd.[1]
Kosovska Banka filed for bankruptcy in 1989, with 731 million US dollars of debt.[2]: 7 In the 1990s, it was blocked from international transactions under international sanctions against Serbia and Montenegro.[3][4] The situation was aggravated when the bank terminated operations as the war broke out in 1999. In 2009, the Commercial Court in Belgrade approved the temporary relocation of the headquarters of Kosovska Banka from Pristina to Belgrade.[5] The bankruptcy proceedings were still ongoing in 2023.[6]
The bank's head office building in Pristina was at Marshal Tito Street 4,[7] designed by architects Svetomir Popović and Shefqet Mullafazliu and completed in 1970.[8] After the Kosovo War, the building was seized by UNMIK and the Kosovo authorities. It was renovated in 2011, including changes in the facade design.[9]
See also
References
- ↑ Case of Ališić and Others v. Bosnia and Herzegovina, Croatia, Serbia, Slovenia and the former Yugoslav Republic of Macedonia - Judgment, European Court of Human Rights, 6 November 2012
- ↑ De-industrialisation and its consequences: A Kosovo story (PDF), European Stability Initiative, March 2002
- ↑ }Partial List of Blocked Yugoslav Entities (PDF), Federal Reserve Bank of New York, 8 July 1992
- ↑ U.S. Department of the Treasury - Federal Republic of Yugoslavia (Serbia and Montenegro) Sanctions - Notice of blocking, Federal Register Volume 60, Number 74, 18 April 1995
- ↑ "BANKKOS DD BEOGRAD - U STEČAJU". Company Wall. Retrieved 26 April 2026.
- ↑ "NEMA IM POMOĆI! Ovo su srpski rekorderi u stečaju, na listi je i 12 nekada poznatih i jakih banaka, jedna više od 30 godina". Kurir Biznis. 17 July 2023.
- ↑ "Kosovska banka DD". eKapija. Retrieved 26 April 2026.
- ↑ "Šefćet Mulafazljiu". Oral History Kosovo. 7 May 2019.
- ↑ "BANKKOS". Oral History Kosovo. Retrieved 26 April 2026.
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