Komercijalna banka is a bank founded in 1970 in Belgrade

Belgrade

Belgrade is the capital and largest city of Serbia. It is located at the confluence of the Sava and Danube rivers, where the Pannonian Plain meets the Balkans. According to official results of Census 2011, the city has a population of 1,639,121. It is one of the 15 largest cities in Europe...

, Serbia

Serbia

Serbia , officially the Republic of Serbia , is a landlocked country located at the crossroads of Central and Southeast Europe, covering the southern part of the Carpathian basin and the central part of the Balkans...

.

It has a network of 251 branches all over Serbia. It is also the founder and 100% stake owner of Komercijalna banka Budva

Komercijalna banka Budva

Komercijalna banka Budva is a bank operating in Montenegro.The bank was established and is owned entirely by Komercijalna banka of Serbia, in March 2003 as the bank's subsidiary in Montenegro....

 operating in Montenegro

Montenegro

Montenegro Montenegrin: Crna Gora Црна Гора , meaning "Black Mountain") is a country located in Southeastern Europe. It has a coast on the Adriatic Sea to the south-west and is bordered by Croatia to the west, Bosnia and Herzegovina to the northwest, Serbia to the northeast and Albania to the...

. The bank also operates in Bosnia and Herzegovina

Bosnia and Herzegovina

Bosnia and Herzegovina , sometimes called Bosnia-Herzegovina or simply Bosnia, is a country in Southern Europe, on the Balkan Peninsula. Bordered by Croatia to the north, west and south, Serbia to the east, and Montenegro to the southeast, Bosnia and Herzegovina is almost landlocked, except for the...

 through its local subsidiary Komercijalna banka Banja Luka set up in 2006.

Two of the bank's biggest stakeholders are the Government of Serbia

Government of Serbia

Officially the Government of the Republic of Serbia is the executive branch of government in Serbia.-Current government:The current government was elected on 7 July 2008 by the majority vote in the National Assembly of Serbia and restructured on 14 March 2011...

 with 40% and European Bank for Reconstruction and Development

European Bank for Reconstruction and Development

Founded in 1991, the European Bank for Reconstruction and Development uses the tools of investment to help build market economies and democracies in 30 countries from central Europe to central Asia. Its mission was to support the formerly communist countries in the process of establishing their...

 with 25%.

According to its most recent annual financial report submitted to Serbian Economic Register Agency, the company has 3,205 employees and it posted an annual profit of RSD

Serbian dinar

The dinar is the currency of Serbia. An earlier currency also called dinar was used in Serbia between 1868 and 1918. The earliest use of the dinar date to 1214. Today's Serbian dinar is a continuation of the last Yugoslav dinar...

3,215,600,000 (approximately €

Euro

The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...

40.2 million at the time) for the calendar year 2007.