 It was only in late 2007 that the bank changed name to Société Générale Srbija in order to reflect the name change of the country it operates in (FR Yugoslavia was renamed to Serbia and Montenegro in 2003, and Serbia became independent in 2006).In 2014, Société Générale Srbija bought KBC banka's portfolio, while Telenor Serbia bought the KBC banka itself, creating Telenor banka.In December 2017, Société Générale Srbija took housing and cash loans to citizens, as well as credit card debt, from the Jubanka, which was bought by the Serbian AIK Banka in April 2017.