Native name
|
Комерцијална банка |
---|---|
Public limited company | |
Traded as | : KMBN |
Industry | Financial services |
Founded | Belgrade, Serbia (October 25, 2001 First founded in 1970 |
)
Headquarters | Belgrade, Serbia |
Area served
|
Serbia Bosnia and Herzegovina Montenegro Macedonia |
Key people
|
Alexander Picker (CEO) |
Products | Commercial banking, Investment banking |
Revenue | €321.08 million (2013) |
€38.92 million (2013) | |
Total assets | €3.361 billion (2013) |
Total equity | €584.79 million (2013) |
Owner |
Government of Serbia (41.74%) EBRD (24.43%) IFC (10.15%) DEG (4.60%) Others |
Number of employees
|
3,262 |
Subsidiaries |
Komercijalna banka Budva Komercijalna banka Banja Luka |
Website | www |
Komercijalna banka (full legal name: Komercijalna banka a.d. Beograd) is a bank founded in 1970 with headquarters in Belgrade, Serbia.
It has a network of 251 branches all over Serbia. It is also the founder and 100% stake owner of Komercijalna banka Budva operating in Montenegro for more than 20 years. The bank also operates in Bosnia and Herzegovina through its local subsidiary Komercijalna banka Banja Luka since 2006.
Two of the bank's biggest stakeholders are the Government of Serbia with 42.6% and European Bank for Reconstruction and Development with 25%.
The bank's management has privatization in plan by the end of 2017.
According to the most recent consolidated annual financial report submitted to the Serbian Economic Registry Agency, the company has 3,262 employees and posted an annual profit of RSD 4,461,938,000 (€38.92 million) for the calendar year 2013.
At the end of 2013 Komercijalna Banka's total assets reached €3.361 billion. As of 29 May 2015, Komercijalna Banka has a market capitalization of €269.36 million.