March 05, 2015 6:37 AM ET


Company Overview of Komercijalna Banka AD Skopje

Company Overview

Komercijalna Banka AD Skopje provides various banking products and services for individuals and legal entities in the Republic of Macedonia and internationally. Its banking products and services include Denar and foreign currency accounts; Denar and foreign currency savings comprising demand deposits, time deposits, open savings deposits, and children’s open saving deposits; domestic and international payment services; and loans for the purchase or construction of immovable property. The company also provides scholarship, tourist, leisure, consumption, draft secured, deposit secured, bond secured, car, and real estate secured loans; loans for the purchase of car secured by pledge of vehicle;...

Orce Nikolov street No. 3

Skopje,  1000


Founded in 1955


389 2 316 8168


389 2 316 2658

Key Executives for Komercijalna Banka AD Skopje

Chief Executive Officer and Director
Chief Finance Officer, Risk management & Planning Division Manager and Director
Chief Operative Officer and Director
Head of Internal Audit Department and Director
Manager of Branch Network Management Department and Director
Compensation as of Fiscal Year 2014.

Komercijalna Banka AD Skopje Key Developments

Komercijalna Banka Reports Unconsolidated Earnings Results Nine Months ended September 2014

Komercijalna Banka reported unconsolidated earnings results nine months ended September 2014. For the period, the company reported net loss narrowed to MKD 183.7 million from MKD 293 million a year ago. Net interest income fell 7.4% on the year to MKD 2.0 billion through September, while net fee and commission income was almost flat at MKD 664 million.

Komercijalna Banka Skopje Announces Earnings Results for the Six Months Ended June 30, 2014

Komercijalna Banka Skopje announced earnings results for the six months ended June 30, 2014. For the six months, the company announced net loss of EUR 2.3 million, which represents an improvement from the EUR 6.5 million loss in the corresponding period last year. The main contributor to the negative result was an impairment provision on executed collateral, taken in compliance with local Central Bank regulations. Profit before taxes and provisions was up 2% year on year. The company finished 2013 with a small profit, and despite the loss for the first six months of 2014, slightly higher profits are expected for this year. The company grew its net interest income by 5% year on year, with a healthy net interest margin of 3.7%, while commission income was almost flat. Net asset value per share was EUR 0.26.

Komercijalna Banka AD Skopje, Annual General Meeting, Mar 26, 2014

Komercijalna Banka AD Skopje, Annual General Meeting, Mar 26, 2014., at 12:00 Central European Standard Time. Location: Skopje City Mall, 2nd floor, Hall No. 4- 'Komercijalna Banka'.

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