The Yugoslav Bank for International Economic Cooperation AD Belgrade is the legal successor to the Export Credit and Insurance Fund, established in 1967.
JUBMES Banka a.d. Beograd is a Serbia-based commercial bank. It provides a number of retail and corporate banking services, such as credits, loans, depository services, accounts, debit, credit and business cards, e-banking and other services. The Bank comprises such companies as JUBMES BROKER a.d. Beograd, CHIP Card d.o.o. Beograd and ZA DECJE SRCE a.d., which is a charitable foundation.
JUBMES banka has been established in June 26, 1979 as a specialized financial institution for refinancing export credits granted by Yugoslav commercial banks to Yugoslav exporters, as well as for providing export insurance against non-commercial risk. Thus, the Bank has encouraged medium and long-term export commercial transactions and promotes long-term cooperation between Yugoslav companies and their foreign partners.
JUBMES banka gained more than two decades lasting experience in performing activities promoting Yugoslav exports. To especially mention the experience in extending buyers credits for execution of various works abroad, and the experience in co-financing operations with the World Bank, African Development Bank and Saudi Fund.
JUBMES banka extends short-term and long-term credits in RSD and foreign currencies to corporate clients that perform local and foreign exchange payment operations through their accounts held with the Bank.
Credits may be extended for the following purposes: