Komercijalna banka

Komercijalna Banka

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Komercijalna banka

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Komercijalna banka (full name: Komercijalna banka a.d. Beograd) is a bank founded in 1970 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. The bank also operates in Bosnia and Herzegovina through its local subsidiary Komercijalna banka Banja Luka set up in 2006.

Two of the bank's biggest stakeholders are the Government of Serbia with 40% and European Bank for Reconstruction and Development with 25%.

According to its most recent annual financial report submitted to Serbian Economic Register Agency, the company has 3,205 employees and it posted an annual profit of RSD3,215,600,000 (approximately 40.2 million at the time) for the calendar year 2007.<small>

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