Komercijalna banka

Ljubljana – NLB bank is completing the integration of Komercijalna Banka, a Serbian bank it bought in 2020. It has received regulatory approval for the legal merger of Komercijalna with NLB’s existing branch in Serbia, while the operational merger will take place over the weekend.

Belgrade – The NLB group has serious plans for the Serbian market, said Serbia’s Finance Minister Siniša Mali after Friday’s meeting with NLB CEO Blaž Brodnjak, the Serbian Press Agency Tanjug reported.

Minister Mali noted in his post on Instagram that the Slovenia-based banking group successfully completed acquisition of Serbian Komercijalna Banka last year.

A few days ago, however, another purchase was announced, so when the merger of Raiffeisen and Credit Agricole Bank is completed, there will be one bank less.
Considering the announcements, there will be more such transactions in the coming months, Novosti writes.

Ljubljana – Having completed the takeover of Serbian bank Komercijalna Banka, Slovenia’s largest bank, NLB, will start eyeing potential new acquisition opportunities next year with CEO Blaž Brodnjak offering Albania as one potential new market.

Ljubljana – NLB, Slovenia’s largest banking group, reported a net profit of EUR 64.6 million for the first quarter of the year, about 3.5-fold the figure posted in the same period a year ago (EUR 18.3 million).

Ljubljana – Nova Ljubljanska Banka (NLB), Slovenia’s largest bank, has completed the acquisition of an 83.2% stake in Komercijalna Banka (KB) in Serbia, a move it describes as a milestone in its strategy of becoming the leading financial institution focused on Southeast Europe. NLB paid EUR 394.7 million for the stake.

Ljubljana – NLB, Slovenia’s largest bank, has obtained all the required permits to take over an 83% stake in Komercijalna Banka in line with the February contract, NLB said in a press release on Tuesday.

The takeover of the bank which the Serbian state sold to NLB in February for EUR 387 million is expected to be finalised by the end of the year.

According to B92, some media reported that the NLB bid was € 450 million, which is a false information.
Apparently the NLB came up with an offer that allowed the Slovenes to overtake the other two bidders - Raiffeisen and AIK Bank. B92 confirmed that the negotiation process is completed and that the contract is expected to be signed.

AIK bank offered about 395 million euros, according to the daily newspaper, citing unofficial sources.

Rroaf also congratulated Serbia on the results achieved in macroeconomic stabilisation, Tanjug reported on Monday.