It is now quite certain that the Postanska Stedionica Bank is buying Komercijalna Banka in Banja Luka – a daughter bank of the local Komercijalna Banka, which the state, together with all its subsidiaries, sold to the Slovenian NLB Bank less than a year ago.
Namely, Postanska Stedionica published an invitation to the shareholders for the session of the Assembly on September 22, and the first item on the agenda is precisely – making a decision on acquiring a subordinate company – Komercijalna banka a.d. Banja Luka. The state of Serbia is the sole owner of the Bank Postanska Stedionica – directly with a 71 percent share and indirectly, through the share of the Public Company Post of Serbia of 17.94 percent, Telekom Srbija 10 percent, PIO fund 0.9 percent and the Development Fund of the Republic of Serbia which has 0,02 percent ownership. Therefore, it can be expected that the decision of the shareholders at the assembly session scheduled for the second half of September will be confirmed. With this purchase, the state of Serbia will practically return under its auspices the daughter bank of the local Komercijalna Banka, which it sold to NLB Banka in 2020, together with the parent company and sister bank in Montenegro, as well as the investment fund in Serbia.
On December 30, 2020, NLB paid 395 million euros into the state budget for 83.23 percent of the shares of Komercijalna Banka Belgrade. Previously, about 60 million euros were paid into the budget, of which 31 million euros referred to the contractual obligation to distribute half of the profit for 2019 through a dividend.
As previously stated by the Minister of Finance, Sinisa Mali, Serbia had a total income of 450 million euros from the sale of Komercijalna Banka.
According to official data from the bank’s website, Komercijalna Banka Banja Luka started operating on September 26, 2006.
The shareholders of the Postanska Stedionica Bank will also decide on September 22 to cover the loss taken over from MTS Bank from retained earnings for 2020, Nova reports.
