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18.05.2015 – Results from the “Banks’ Sports Days” held in Ohrid

This year, the “Banks’ Sports Days” organized by the Union of Financial Organizations of Macedonia (UFOM) and held in Ohrid in the period 14.05.2015-17.05.2015, were attended by 12 financial institutions.


Komercijalna Banka had teams in all sport categories and won the first place in football, shooting sport – men, bowling – men and table tennis – women. Other results achieved are: second place in volleyball – men, basketball and bowling – women and third place in shooting sport – women, serve and chess.


In general, the team of Komercijalna Banka won the second place.


We express thankfulness to all participants at the “Banks’ Sports Days” and congratulate to all winners.





14.5.2015 - Komercijalna Banka AD Skopje was awarded the Crystal Bell

Within the “Conference of the Macedonian securities market 2015”, for the eighth time, Macedonian Stock Exchange awarded the Crystal Bell for the most transparent listed shareholding company.


This year, out of 115 shareholding companies listed on the Macedonian Stock Exchange, three companies were awarded as the most transparent in 2014. As per assessment of the Selection Commission the most transparent companies listed on the Macedonian Stock Exchange for 2014 were: Alkaloid AD Skopje, Komercijalna Banka AD Skopje and NLB Tutunska Banka AD Skopje.

12.05.2015 - Annual Report 2014

Komercijalna Banka AD Skopje has announced the Annual Report of the Bank for 2014 available in Macedonian and English.

27.4.2015 – PRESS RELEASE - Municipal Infrastructure Development Fund to boost municipal infrastructure in Macedonia

The Fund signs its first Risk Participating Agreement in the Western Balkans


The Municipal Infrastructure Development Fund (MIDF) and Komercijalna Banka AD Skopje are supporting the development of sustainable infrastructure in Macedonia with loans in an amount of €10 million available to municipalities, utility and private companies, providing municipal services.


The proceeds of the loan will be used to finance the building of new and modernisation of essential municipal infrastructure in smaller municipalities which traditionally have limited capacity to prepare sustainable infrastructure projects and are facing difficulties accessing commercial bank funding.


The MIDF is a pioneering €100 million investment fund, launched by the EBRD and KfW with a generous contribution from the governments of Germany and Switzerland and Austria, aimed at stimulating the growth of the municipal lending market and achieve long term sustainability in municipal services in the Western Balkans.


In addition, technical assistance funding is provided by the governments of Austria and Switzerland to support project preparation and implementation and capacity building of the municipal borrowers.


Komercijalna Banka AD Skopje is the largest commercial bank in Macedonia with a broad national branch network and wide range of customer services. 


“We are proud to announce today this great opportunity for the development of the municipal infrastructure. At MIDF we believe that there is a strong demand for the development of local infrastructure while the financial market in the country has not yet attended this sector to its full potential. It is through such ways innovative cooperation of MIDF that we seek to bridge this financing gap in the municipal infrastructure in Macedonia and provide the necessary support to this end” said Dr. Klaus Richter, Project Manager of the MIDF.


“We highly appreciate the newly established cooperation with MIDF” said Mr Hari Kostov, CEO of Komercijalna Banka AD Skopje, “It is a welcomed source of financing for urgently needed infrastructure investments in Macedonia coupled with substantial technical assistance to the final borrowers. As such, the financing package gives an additional advantage to the clients beyond the favourable interest rates. Our bank already proved itself as long-term partner in this country which supports the economic development in many different ways.”


MIDF has been designed for the Western Balkans, and within this group the Fund’s strategy will be to focus on Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro and Serbia in accordance with local needs.