Komercijalna banka Skopje

Komercijalna banka Skopje (Macedonian: Комерцијална банка Скопје; abbr. KBS) is a commercial bank with headquarters in Skopje, North Macedonia.

Not to be confused with Komercijalna banka or Komercijalna banka Budva.
Komercijalna Bank of Skopje
Native name
Комерцијална банка Скопје
Formerly
Komunalna Banka
Bank
IndustryFinancial services
Founded1955 (1955)
Headquarters
Skopje
,
North Macedonia
Area served
North Macedonia
ProductsRetail, investment and corporate banking, asset management
€29.99 million (2018)[1]
Total assets €1.894 billion (2018)[1]
Total equity €217.71 million (2018)[1]
Websitewww.kb.com.mk

History
The main building of Komercijalna banka at night

It was established in 1955 as Komunalna Banka (business bank for city of Skopje) and it was specialized for approving housing loans and financing construction operations.[2] Since 1955, it has gone through several transformations characteristic for the banking system of the region.

On 1 January 1990, the bank became independent through its transformation into a joint stock company under the name Komercijalna Banka A.D. Skopje.

Today, Komercijalna Banka Skopje is a universal bank licensed for performing all types of banking operations, combining the functions of commercial banking, savings deposits and investments, as well as banking services provided to the citizens and enterprises in the domain of domestic and international payment operations.[3]

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References
  1. Komercijalna banka, KPMG. "Consolidated financial statements and Independent Auditors' Report For the year ended December 31, 2018". kb.com.mk. Retrieved 21 December 2019.
  2. "Komercijalna Banka AD Skopje". www.kb.com.mk. Retrieved 2019-02-01.
  3. "Komercijalna Banka Skopje". Eastnine AB. Retrieved 2019-02-01.

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