NLB Komercijalna banka

(Redirected from Komercijalna banka)

NLB Komercijalna banka (full legal name: NLB Komercijalna banka a.d. Beograd, Serbian Cyrillic: НЛБ Комерцијална банка а.д. Београд) is a bank founded in 1970 with headquarters in Belgrade, Serbia. It is owned by Slovenian NLB Group.

NLB Komercijalna banka
Native name
НЛБ Комерцијална банка
Company typeJoint-stock company
IndustryFinancial services
Founded29 April 2022; 2 years ago (2022-04-29) (Current form)
1 December 1970; 54 years ago (1970-12-01) (Founded)
Headquarters
Svetog Save 14, Belgrade
,
Serbia
Area served
Serbia
Key people
Vlastimir Vuković (Chief Executive Officer)
ProductsCommercial banking, Investment banking
RevenueIncrease €161.04 million (2021)[1]
Increase €23.62 million (2021)[1]
Total assetsDecrease €4.162 billion (2021)[1]
Total equityDecrease €643.40 million (2021)[1]
OwnerNLB Group (100%)
(as of 31 July 2022)
Number of employees
2,745 (2021)[1]
SubsidiariesKombank Invest a.d.
Websitenlbkb.rs
Footnotes / references
Business ID: 07737068
Tax ID: 100001931
[2]

History

edit
 
Former official logo, before 2022 merger

The bank was founded on 1 December 1970 in Belgrade, SFR Yugoslavia.[1] On 6 May 1992, it was transformed into joint-stock company, with Government of Serbia being its majority owner.[1] In November 2002, Komercijalna banka established Komercijalna banka Budva, operating in Montenegro.[3] The bank also had a subsidiary in Bosnia and Herzegovina, Komercijalna banka a.d. with headquarters in Banja Luka.[4]

As of December 2014, two of the bank's biggest stakeholders were the Government of Serbia with 42.6% and European Bank for Reconstruction and Development (EBRD) with 25% of shares.[5]

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.[6][7] However, the auction was postponed several times.[8] In June 2019, the Government of Serbia increased its stake in ownership by acquiring 6.8% of shares from DEG and Swedfund International for 43.7 million euros.[9] In November 2019, the Government of Serbia acquired 34.58% of shares from EBRD and International Finance Corporation for 217 million euros, increasing its stake in the bank to 83.23% of shares.[10]

On 26 February 2020, the Government of Serbia signed a purchase agreement worth 387.02 million euros with the Slovenian NLB Group for 83.23% of shares in the bank.[11] As of 30 September 2021, NLB Group owns 88.28% of shares in the bank. As of 30 December 2020, through the privatization process, Komercijalna banka became part of NLB (Nova Ljubljanska banka) Group. On 29 April 2022, Komercijalna banka and NLB Banka a.d. were fully integrated, with Komercijalna banka changing its name to NLB Komercijalna banka.[12] In August 2022, NLB Komercijalna banka withdrew from the Belgrade Stock Exchange.[13] The Bank took over Summit Leasing, Slovenia's biggest leasing company, in 2023, by acquiring their parent company SLS Holdco. A subsidiary of NLB also bought a majority stake of North Macedonian Generali Investment in 2023.[14][15] NLB was granted a 2 million EUR loan in November 2023 by the EBRD to give out to private homeowners.[16] In December 2023, it was confirmed that starting from February 2024, NLB Komercijalna banka will close its branches on the disputed territory of Kosovo.[17]

Market and financial data

edit

According to the 2021 audited consolidated annual financial report, the company has 2,745 employees and posted an annual net income of €23.60 million.[1]

See also

edit

References

edit
  1. ^ a b c d e f g h "GODIŠNJI KONSOLIDOVANI IZVEŠTAJ JAVNOG DRUŠTVA ZA 2021. GODINU" (PDF). belex.rs (in Serbian). Retrieved 30 April 2022.
  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. 18 June 2013. Retrieved 31 January 2014.
  4. ^ Cigoja, Marina (2021-12-08). "NLB banka Banjaluka isplaćuje Slovencima 38,6 miliona KM dividende". Capital.ba - Informacija je capital (in Bosnian). Retrieved 2024-02-13.
  5. ^ "Statistički prikaz vlasništva preduzeća". crhov.rs. Retrieved 31 January 2014.
  6. ^ "Komercijalna povećala tržišni udeo". b92.net (in Serbian). Retrieved 31 March 2015.
  7. ^ "SRB: Komercijalna banka povećava dividendu, privatizacija 2017.godine". bankar.me (in Serbian). No. 3 November 2014. Retrieved 31 March 2015.
  8. ^ Lakić, Suzana (8 March 2019). "SAZNAJEMO Pet kompanija u trci za Komercijalnu banku". blic.rs (in Serbian). Retrieved 24 March 2019.
  9. ^ "SAZNAJEMO Država je danas dala 43 miliona evra za akcije KOMERCIJALNE BANKE, privatizacija se dodatno zahuktava". blic.rs (in Serbian). 26 June 2019. Retrieved 30 June 2019.
  10. ^ "Potvrđeno za B92: Republika Srbija otkupila udeo EBRD-a i IFC-a u Komercijalnoj banci". b92.net (in Serbian). 26 November 2019. Retrieved 26 November 2019.
  11. ^ "Potpisano: Prodate akcije Komercijalne banke - "Zadovoljni smo cenom"". b92.net (in Serbian). 26 February 2020. Retrieved 26 February 2020.
  12. ^ "Završeno spajanje dve banke". b92.net (in Serbian). Tanjug. 29 April 2022. Retrieved 29 April 2022.
  13. ^ "Zašto se NLB Komercijalna banka povlači sa berze". politika.rs (in Serbian). 6 August 2022. Retrieved 17 March 2023.
  14. ^ "NLB bank takes over Summit Leasing". sloveniatimes.com. Retrieved 2024-02-13.
  15. ^ "NLB kupila Summit Leasing: za koliko?". Finance (in Slovenian). Retrieved 2024-02-13.
  16. ^ Perišić, Jelisaveta (2023-11-15). "EBRD approves loan to NLB Bank for green investments in Montenegro". Balkan Green Energy News. Retrieved 2024-02-13.
  17. ^ Рабреновић, Јована (28 December 2023). "НЛБ Комерцијална банка затвара експозитуре на КиМ". politika.rs (in Serbian). Retrieved 29 December 2023.
edit