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    „Resignations in Komercijalna Banka do not affect the sale“

    The resignations of two managers of Komercijalna Banka should not hinder the initiated business activities or affect its announced sale, says Zoran Grubisic, Professor of the Belgrade Banking Academy.

    „They are only one member of the BoD and one member of the Executive Board. I do not see how this could affect the sale itself,“ Grubisic told BIZLife.

    He believes that Komercijalna Banka is ready for sale, but the duration and outcome of this process do not entirely depend on us, but also on the market and interested buyers.

    The state has a 41.7 percent share in Komercijalna Banka, and significant stakes are owned by the European Bank for Reconstruction and Development (EBRD) – 24.43 percent and the International Finance Corporation (IFC) – 10 percent of the shares.

    Grubisic recalls that Komercijalna Banka has good results and that this is exactly what shows its readiness for sale.

    „The business operation has stabilized, the share of bad, problematic loans has been reduced,“ Grubisic says.

    Yesterday it was announced that two managers of Komercijalna Banka had left that company.

    Izvor: BIZLife

    Foto: Komercijalna banka

    Piše: B.M.

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