The story
The bank was established in 1979 as the Yugoslav Bank for International Economic Cooperation (Serbo-Croatian: JUgoslovenska Banka za Međunarodnu Ekonomsku Saradnju, later abbreviated as JUBMES Banka).
In 2018, the Government of Serbia put its 28.5% stake in ownership structure on sale. In 2020, the bank changed its name to Alta banka, following the further change in ownership structure.
From Wikipedia’s article on Alta Banka, shared under CC BY-SA 4.0.4
