Jugoslavenska Banka

[2] The creation of the Croatian Landesbank was sponsored in 1909 by Prague-based Živnostenská Banka, in line with its strategy of expansion into the Slavic-speaking lands of the Habsburg monarchy, and took over the prior local business of Sorger, Weiszmayer & Cie whose eponymous partners became shareholders in the new privately held venture together with Živnostenská.

Meanwhile, it established branches in Belgrade, Ljubljana, Ogulin (1912), Crikvenica, (1914), Karlovac (1919), Novi Sad, Varaždin, and Vukovar (1920).

To preempt litigation, the bank initiated a restructuring that included its change of name, relocation (by which the former Zagreb branch became the head office, and the former head office in Osijek was turned into a branch), and severing of the prior government role in its governance,[3]: 63  which was completed on 30 May 1920.

[3]: 167 The Jugoslavenska Banka suffered during the European banking crisis of 1931, had to close branches, and in 1935 was restructured by Plavšić, by then an official at the finance ministry.

[5]: 45 Following the invasion of Yugoslavia and proclamation of the Independent State of Croatia, Jugoslavenska Banka reverted to its original name of Croatian Landesbank by court order of 3 June 1941, with 53 percent of its share capital taken over by Dresdner Bank, while Živnostenská Banka retained a minority stake of 25 percent.