Komercijalna banka

Komercijalna banka
Native name
 Комерцијална банка
Joint-stock company
Traded as BELEX: KMBN
Industry Financial services
Founded 6 May 1992 (1992-05-06) (Current form)
1 December 1970 (1970-12-01) (Founded)
Headquarters Belgrade, Serbia
Area served
 Serbia
Bosnia and Herzegovina
Montenegro
Key people

Vladimir Medan, Chief Executive Officer (CEO)

Mila Korugić Milošević (Supervisory board chairman)
Products Commercial banking, Investment banking
Increase €69.79 million (2017)[1]
Total assets Decrease €3.377 billion (2017)[1]
Total equity Increase €566.38 million (2017)[1]
Owner Government of Serbia (41.74%)
EBRD (24.43%)
IFC (10.15%)
DEG (4.60%)
Others
Number of employees
 3,106 (2017)[1]
Subsidiaries Kombank Invest a.d.
Komercijalna banka Budva
Komercijalna banka Banja Luka
Website www.kombank.com
Footnotes / references
Business ID: 07737068
Tax ID: 100001931 [2]

Komercijalna banka (full legal name: Komercijalna banka a.d. Beograd) is a bank founded in 1970 with headquarters in Belgrade, Serbia. As of 2017, it has a network of 11 business centers, 13 branch offices and 220 branches in Serbia, Montenegro and Bosnia and Herzegovina.

History

Komercijalna banka was founded on 1 December 1970 in Belgrade, SFR Yugoslavia. On 6 May 1992, it was transformed into joint-stock company.

In November 2002, Komercijalna banka established Komercijalna banka Budva, operating in Montenegro.[3] The bank also operates in Bosnia and Herzegovina through its local subsidiary Komercijalna banka Banja Luka since September 2006.

As of December 2014, two of the bank's biggest stakeholders are the Government of Serbia with 42.6% and European Bank for Reconstruction and Development with 25%.[4]

In March 2015, the bank's management announced that Government of Serbia plans to sell its stake in the bank in the second half of 2017.[5][6] However, the auction was postponed indefinitely.

Market and financial data

According to the 2017 audited consolidated annual financial report, the company has 3,106 employees and posted an annual net income of €69.79 million.[1] As of 17 November 2017, Komercijalna Banka has a market capitalization of €262.61 million.[7]

See also

References

  1. 1 2 3 4 5 "Audited consolidated financial report 2017" (PDF). kombank.com (in Serbian). Ernst & Young Belgrade. 15 March 2018. pp. 2, 3, 10. Retrieved 12 May 2018.
  2. ↑ "Основни подаци о привредном друштву". apr.gov.rs (in Serbian). Serbian Business Registers Agency. Retrieved 28 February 2018.
  3. ↑ "Komercijalna banka ad Budva obilježava dvije decenije poslovanja". bankar.me. Retrieved 31 January 2014.
  4. ↑ "Statistički prikaz vlasništva preduzeća". crhov.rs. Retrieved 31 January 2014.
  5. ↑ "Komercijalna povećala tržišni udeo". b92.net (in Serbian). Retrieved 31 March 2015.
  6. ↑ "SRB: Komercijalna banka povećava dividendu, privatizacija 2017.godine". bankar.me (in Serbian) (3 November 2014). Retrieved 31 March 2015.
  7. ↑ "KMBN - Komercijalna banka a.d. , Beograd - 17.11.2017". belex.rs. Retrieved 30 May 2015.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.