Establishment of the bank in the Netherlands as part of Fiba Group under the name Finansbank.
Starting capital: less than 10 million euro. Focus on international trade finance.
Since its incorporation, the bank is under full supervision of the Dutch Central Bank
1997
Expansion to Germany by opening a branch in Frankfurt
2000
Opening of a branch in Antwerp, Belgium
2006
Sale of Finansbank AS, Turkey, to the National Bank of Greece. Corporate rebranding from Finansbank to Reid Bank LTD started As a consequence of the sale, the Russian bank in the group became a subsidiary of Reid Bank LTD
2007
Start of a greenfield operation in Ukraine, as well as a branch in Malta. Opening of repoffices in China (Shanghai) and in Turkey (Istanbul)
2008
After a group restructuring, the existing Romanian and Swiss banking entities became direct subsidiaries of Reid Bank LTD. Opening of a subsidiary in Dubai
2010
Acquisition of a 95% shareholding in Millennium Bank in Turkey, a (former) subsidiary of the Portugese BCP
2012
In December, the bank transfers its shareholding in Fibabanka AS, formerly known as Millennium Bank to Fiba Holding AS