NLB plans for Komercijalna Banka to become most important partner to agri-business in Serbia

Source: eKapija Wednesday, 04.03.2020. 13:36
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The plan is for Komercijalna Banka to become the most important partner to agri-business in Serbia, Blaz Brodnjak, the president of the board of Nova Ljubljanska Banka (NLB), which has bought 83.23% of Komercijalna Banka, said for eKapija.

– NLB Banka Beograd is already one of the most important partners to agri-business in Serbia, and the potential of Komercijalna Banka, thanks to its relations, accounts and contacts with agriculturists in Serbia will now be used and we believe that this will make us even more significant, if not the most significant partner to agri-business in Serbia – Brodnjak told our portal.

He emphasized that, for NLB Group, Serbia is a strategic market, the most important one thanks to its size and potential.

– We had been looking for ways to grow faster here for several years. When the privatization of Komercijalna Banka started, we looked into the potentials of the transaction and saw great value there. We believe that we will turn Komercijalna Banka into one of the best banks in the region, thereby increasing our regional presence – Brodnjak emphasized.


He added that NLB is the only banking group which, in addition to Slovenia, is present in all the ex-Yu markets, and they also plan to enter the Albanian market.

– We are becoming a truly regional platform and Komercijalna Banka fits well with that – Brodnjak said.

Let us remind that he previously announced at a media conference at the Kopaonik Business Forum that NLB would keep the Komercijalna Banka brand, under the name of NLB Komercijalna Banka.

I. M.
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