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KB Prvo Penzisko Drustvo AD Skopje


KB Prvo penzisko drustvo was founded after reforms in the pension system in the Republic of Macedonia, and its main activity is management of pension funds.

The Company was founded in June 2005 by Komercijalna Banka AD along with Prva pokojninska druzba from LJubljana (now Prva Group plc) and manages 2 pension funds:



  • KB Prv otvoren zadolzitelen penziski fond – Skopje (within the 2nd pension pillar) and
  • KB Prv otvoren dobrovolen penziski fond – Skopje (within the 3rd pension pillar)  



At the ceremony in Barcelona, Spain held on 19.11.2015, KB Prvo penzisko drustvo AD Skopje got the prestigious IPE (Investment & Pensions Europe) Award for Best Pension Fund in Central & Eastern Europe.


Our objective is to create value for the members of the Funds managed by us, to protect their interests, to provide security of their funds and to create profit with appropriate investing.



Working on achieving of its objective, KB Prvo penzisko drustvo realized more than 644 million euros1 in KB Prv otvoren zadolzitelen penziski fond which is comprised of 261,040 members and temporary assigned persons2. The KB Prv dobrovolen penziski fond - Skopje  has 14,654 members and the fund has assets under management in the amount of EUR 16.16 million3.

1,2,3 Statement as at 02.2020/ Source: /