Business

Serbia invites investors to buy stake in Komercijalna Banka

Bank of England

The Serbian government has announced its plans to open a call for investors to buy its majority stake in Komercijalna Banka, a Belgrade-based bank with subsidiaries in Montenegro and Bosnia.

Speaking on May 20, Serbian finance minister Siniša Mali said that the government expected to launch the call for a strategic partner at the bank in early June. Mr Mali added that the Serbian government, which currently owns a 41.74 per cent majority stake, would then leave the banking sector, except for its stake in Postanska Štedionica.

Source: emerging-europe

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