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Komercijalna banka

Komercijalna banka
Native name
Комерцијална банка
Public limited company
Traded as : KMBN
Industry Financial services
Founded Belgrade, Serbia (October 25, 2001 (2001-10-25))
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 Decrease321.08 million (2013)
Increase €38.92 million (2013)
Total assets Increase €3.361 billion (2013)
Total equity Increase €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.kombank.com

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.

http://www.kb.com.mk/


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