Franz Kafka, “The Trial”
In 1992 established state banks were facing difficulties and liquidity problems. Tomislav Đorđević founded Yuco Bank, later known as Meridian Bank, in order to facilitate the uninterrupted running of his own businesses, and those of other similar small and medium enterprises.
In time he developed a respectable bank for personal and business banking, with a reputation for efficiency and quality of service. 75 branches were opened throughout the country and 620 employees provided services to more than 75,000 clients.
Through his experience in IT he built the bank’s competitive advantages. The Bank was a leader in the introduction of new technologies. It was the first to introduce electronic banking in Serbia, one of the first to introduce ATMs, and was one of a few banks that enabled its clients a smooth transition when domestic payment operations were transferred from a state clearing agency to banks. Meridian Bank was the only bank in Serbia with integrated information and communication systems covering all branches across the country.
In 2005 the bank received a capital injection by the French bank Credit Agricole, which in 2006 bought the remaining shares and became the sole shareholder of the bank. The bank was sold for around EUR 75 million.
The following people tell us about Tomislav’s work in this period: Slavoljub Pajkić, Zlatica Nikačević, Marijana Carić, Miladin Savić, Blažena Anđelić, Nikola Laćarac, Mirjana Soro, Dragan Radujko, Ivko Stojković, Dragan Kosanović, Igor Kizur, Slavko Gabrić, Veselin Šibul, Vladislav Hadžija, Bogdan Rokvić, Robert Hep, Branislav Rosić, Branislav Radomirović and Aleksandar Divljak.
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