September 25, 2016 10:32 PM ET

Banks

Company Overview of Komercijalna Banka A.D.

Company Overview

Komercijalna Banka AD 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; loans ...

St. Orce Nikolov 3

Skopje,  1000

Macedonia

Founded in 1955

Phone:

389 2 316 8168

Key Executives for Komercijalna Banka A.D.

President of the Board of Directors and Chief Executive Officer
Age: 57
Chief Finance Officer and Director
Age: 46
Chief Operative Officer and Director
Age: 58
Head of Unit for Opening of Accounts
Head of Back-Office Unit
Compensation as of Fiscal Year 2016.

Komercijalna Banka A.D. Key Developments

Komercijalna Banka Skopje Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Komercijalna Banka Skopje reported unaudited earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported net interest income was MKD 736 million against MKD 735 million a year ago. Total operating income was MKD 1,094 million against MKD 1,033 million a year ago. Profit before tax and provisions was MKD 659 million against MKD 581 million a year ago. Net profit was MKD 31 million against MKD 345 million a year ago. For the six months, the company reported net interest income was MKD 1,478 million against MKD 1,413 million a year ago. Total operating income was MKD 2,130 million against MKD 2,026 million a year ago. Profit before tax and provisions was MKD 1,286 million against MKD 1,158 million a year ago. Net profit was MKD 201 million against loss of MKD 181 million a year ago.

Komercijalna Banka AD Skopje, Annual General Meeting, Mar 23, 2016

Komercijalna Banka AD Skopje, Annual General Meeting, Mar 23, 2016, at 12:00 Central European Standard Time. Location: Skopje City Mall (Ljubljanska Str., No. 4) 2nd floor, Hall No. 4 – 'Komercijalna Banka' Macedonia Agenda: To consider the election of a chairman of the assembly; to consider the election of 5 votes counters; to consider the rules of procedures for the operation of the assembly of Komercijalna Banka AD Skopje; to consider the separate Financial Statements of Komercijalna Banka AD Skopje for 2015, audited by the audit company, with opinion of the supervisory board of the bank and draft-decision on adoption the separate financial statements and the opinion of the supervisory board; to consider the consolidated financial statements of Komercijalna Banka AD Skopje for 2015, audited by the audit company, with the opinion of the supervisory board of the bank and draft-decision on adoption the consolidated financial statements and the opinion of the supervisory board of the bank; and to consider the Annual Accounts of Komercijalna Banka AD Skopje for the period January 1, to December 31, 2015, with draft-decision on adoption the annual accounts.

Komercijalna Banka Skopje Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

Komercijalna Banka Skopje reported earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported net interest income of MKD 750 million against MKD 648 million a year ago. Total operating income was MKD 1,031 million against MKD 959 million a year ago. Profit before tax and provisions were MKD 628 million against MKD 518 million a year ago. Net profit was MKD 498 million against net loss of MKD 44 million a year ago. For the nine months, the company reported net interest income of MKD 2,162 million against MKD 1,958 million a year ago. Total operating income was MKD 3,057 million against MKD 2,807 million a year ago. Profit before tax and provisions were MKD 1,786 million against MKD 1,453 million a year ago. Net profit was MKD 317 million against net loss of MKD 184 million a year ago. The company enjoyed net interest income growth of 10% year-on-year over the nine month period, driven by decreased interest expenses.

Similar Private Companies By Industry

Company Name Region
Komercijalna Banka A.D. Europe
Macedonian Bank for Development Promotion AD Skopje Europe
Makedonska Banka a.d. Skopje Europe
Stopanska Banka a.d. Bitola Europe
TTK Banka AD Skopje Europe

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