KBM Banka

KBM Banka
Native name
KBM Banka / КБМ Банка
Public company
Traded as BELEX: CYBN
Industry Financial services
Founded 1871
Headquarters Kragujevac, Serbia
Area served
Serbia
Key people
Alojz Kovše(President of executive board)
Products Commercial banking, Investment banking
Revenue Decrease 13.76 million (2013)[1]
Decrease -€6.41 million (2013)[1]
Total assets Decrease €110.21 million (2013)[1]
Total equity Decrease €17.27 million (2013)[1]
Owner Nova KBM d.d. Maribor (89.53%)
Others
Number of employees
366[1]
Website kbm.rs

KBM Banka (full legal name: KBM Banka a.d. Kragujevac) (BELEX: CYBN) is a Serbian bank based in Kragujevac. KBM Banka a.d. Kragujevac was established as a joint stock company under the name of Jugobanka Jubanka d.d. Kragujevac, pursuant to the Decision on establishment of the Bank dated 27 June 1991, and the National Bank of Serbia Resolution dated 3 July 1991. The Bank was registered with the Commercial Court in Kragujevac on 9 July 1991. It continues the long history of banking in Kragujevac and Šumadija region.[2] As of August 2013 it is majority owned by the Nova KBM d.d. from Maribor (76.64%) and Government of Serbia (12.89%).[3]

History

Over the coming decades its operation was at the mercy of the region's eventful social and geo-political history.

Results

2011

According to the Individual – Non-Audited financial statement for the first three cumulated quarters of 2011, total net operating revenues of KBM Banka increased with 31.45%, from RSD 774,076 thousands to RSD 1,017,521 thousands. Operating Results increased from RSD −541,910 thousands to RSD 30,473 thousands.[4] In 2011 it had a market capitalization of US$23.341 million.[2]

References

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