Background

SERVING OUR CUSTOMERS FOR OVER 100 YEARS

The idea of forming the Postal Savings Institution originated in 1871 during the Kingdom of Serbia, and was implemented on 30 November 1921, when the Law on Postal, Savings, Check and Payment Transfer Operations was passed, which provided for the establishment of the Postal Savings Institution of the Kingdom of Serbs, Croats and Slovenes.

The tradition of the Postal Savings Bank JSC Belgrade has an invaluable significance and it is the factor that makes the Bank a completely unique financial institution in this region, whose roots are deeply rooted in the healthy ground of distant, royal times, and which, like the tree of life - a symbol of inexhaustible vital energy -, has resisted the onslaught of time and the inevitable changes in a noble, dignified and successful way to this day.
Out of deep respect for the hard-working women and men of those times, we must mention that soon after its founding, the Postal Savings Institution became the largest savings institution, which introduced the first savings books on 01 July 1926, at which time it already had an extensive network of counters in all post offices of the Kingdom of Yugoslavia and a state guarantee for deposits! All money transactions made at post offices were tax exempt because the state's position was that "the Postal Savings Institution should be a nursery of savings and an educator of the people, especially the youth, and not a privileged colossus that stifles private initiative."

TRANSFORMATION PERIOD

Over time, Postal Savings Institution has undergone various, primarily technological transformations. We have to mention the first counter machine for recording money and savings transactions that stared its operation in 1966 followed by the first IBM computer three years later, while counter computer systems for processing money transactions were introduced in post offices. Also, Postal Savings Institution was the first on the market of the former Yugoslavia to issue a payment card - the POST CARD.
Today, the Bank is a member of the VISA Inc. and MasterCard card systems as well as one of the largest issuers of the local payment card brand - the DINACARD. The bank issues credit and debit cards of all these systems using the latest (chip) technology. The total number of cards is over two million.
The principles on which the Bank's tradition was formed have been nurtured and faithfully preserved to this day. Today, almost a century later, the Bank is proud of the fact that every other citizen of our country is a client of Postal Savings Bank JSC Belgrade.
In 2002, Postal Savings Institution became a Bank, and in 2006, in accordance with the Law on Banks, Postal Savings Institution JSC changed its name to Postal Savings Bank JSC Belgrade. In 2011, the Bank solemnly celebrated its almost century long tradition with a large campaign marking 90 years of successful operation, expressing deep gratitude to loyal customers whose trust justifies the success and longevity of the Bank's operations, as well as to the Bank's employees who have made a great contribution through their hard work.

TIMELINE
30.11.1921.

Postal Savings Institution of the Kingdom of Serbs, Croats and Slovenes was founded as the only independent state institution with the status of a legal entity based on the Law on Postal, Savings, Check and Payment Transfer Transactions.
06.04.1922.

Law on Postal, Savings, Check and Payment Transfer Transactions in the Kingdom of Serbs, Croats and Slovenes based on which the Postal Savings Institution was established, which was passed on 30 November 1921, was published in the Official Gazette No. 77.
29.11.1922.

Postal Savings Institution became an independent work organization within the Association of Yugoslav Postal, Telegraph and Telephone Services.
29.12.1922.

The first meeting of the Supervisory Board of the Postal Savings Institution of the Kingdom of Serbs, Croats and Slovenes was held in the building of the Ministry of Postal and Telegraph Services at 14 Deligradska Street.
19.07.1923.

Postal Savings Institution bought the "Russia" Insurance Company palace, which also housed the "Moscow" hotel.
01.10.1923.

Postal Savings Institution opened its first counter in the Moscow Palace on Terazije Square.
10.03.1925.

Minister of Postal and Telegraph Services, Mr. Velimir Vukićević, signed the proposal for amending the "Rules on the organization, operations and scope of work of the Postal Savings Institution and Check Institutes".
01.07.1926.

Postal Savings Institution introduced the first savings book whose investor was HRH Crown Prince Peter II Karadjordjevic.
01.05.1928.

Postal Savings Institution introduced payment transfer service with Austria and Switzerland.
10.01.1929.

Postal Savings Institution introduced international payment transfer service with Germany.
10.05.1929.

Postal Savings Institution introduced direct payment transactions with Poland.
15.06.1930.

The Ministry of Construction and the Ministry of Postal and Telegraph Services announced a competition for the construction of the "Palace of Postal Savings Institution, Main Post Office and Main Telephone Service in Belgrade".
17.08.1935.

Ceremony for the consecration of the foundation stone for the new palace of the Postal Savings Institution and Main Post Office at 2 Takovska Street was held.
10.10.1938.

Relocation from the "Moscow" Palace to 2 Takovska Street.
01.12.1946.

Postal Savings Institution merged with the National Bank of the Federal People's Republic of Yugoslavia.
11.01.1961.

Postal Savings Institution became an independent work organization within the Association of Yugoslav Postal, Telegraph and Telephone Services.
01.02.1961.

Savings Department moved into the building at 13 Vasina Street, which became the new headquarters of the Postal Savings Institution.
28.12.1967.

Contract on delivery of a modern third generation computer was signed with IBM.
11.06.1968.

The Workers' Council of the Postal Savings Institution made a decision on the purchase of premises from the PTT company located at 13 Vasina Street.
10.08.1969.

Electronic calculation system was installed, which was put into operation on 13 October 1969.
01.07.1978.

Postal Savings Institution introduced current accounts for individuals and checks as a means of domestic payment operations.
18.09.1978.

An agreement was signed between the Postal Savings Institution and the Social Insurance Fund for Military Insured Persons on the payment of pensions of military pensioners through the current accounts of the Savings Institution.
01.04.1979.

Postal Savings Institution introduced term savings deposits.
31.10.1979.

The founding Assembly of the Association of Pensioners of the Postal Savings Institution was held at the "Lepenski vir" hotel in Donji Milanovac.
10.05.1985.

Start of relocation to the new premises at 71 27. marta Street - the Electronic Data Processing Center and the Office of the Director moved first.
01.10.1990.

Postal Savings Institution issues the first payment card in the SFRY - the Post Card.
14.08.1997.

The first official website of the Bank - www.posted.co.yu.
31.10.1998.

The first Yugoslav Homeb@nking system for internet banking was launched.
01.11.1998.

Postal Savings Institution joined the Western Union international money transfer system.
08.06.2000.

The first ATM was set up in 27.marta Street, today Kraljice Marije Street.
12.12.2002.

Postal Savings Institution operates as a bank.
01.01.2003.

Postal Savings Institution JSC had been operating as a bank since 12 December 2002, and it started performing payment operations on 01 January 2003. The first transaction was made on 06 January 2003.
01.10.2006.

It changed its name to Postal Savings Bank JSC Belgrade.
09.08.2012.

MobiBank application for performing financial transactions by mobile phone was introduced.
05.02.2018.

The national payment card - Post Card Dina Card - enables purchase in installments - up to six installments without interest and fees.
01.04.2018.

Based on the Decree adopted by the Government of the Republic of Serbia, Postal Savings Bank took over the operations and all employees of Jugobanka Jugbanka JSC Kosovska Mitrovica.
11.06.2018.

The first transaction was made using the bank card issued by China Union Pay, the largest Chinese card brand.
06.09.2018.

Opening of the Belgrade Regional Center and launch of a new service - safe deposit box rental.
07.02.2019.

The Chairman of the Bank's Executive Board, Mr. Bojan Kekić, MA, received a letter of thanks from the Serbian Patriarch Mr. Irinej for supporting the mission of the Serbian Orthodox Church aimed at helping children and for supporting the project named "In the Footsteps of Our Ancestors".
04.03.2019.

Dina Post Card containing a chip was issued, which is used today by more than 1,700,000 clients of the Bank.
06.12.2019.

The first Smart Bench was installed in Ub.
27.02.2020.

IPS QR code was introduced, the most modern, secure and fast payment service without the use of cash or payment cards.
11.06.2020.

The first "Drive up" ATM (for drivers) was launched.
21.03.2020.

The first Mobile branch office for all types of services offered by the Bank started its operation - Instead of you coming to us, we are coming to you!
01.07.2021.

Postal Savings Bank merged with MTS Bank JSC Belgrade.
14.07.2021.

A new service for sending money from abroad to Serbia was launched, named TIZI.
27.10.2021.

Contract on purchase of Komercijalna banka JSC Banja Luka was signed.