Komercijalna Banka AD Skopje

Native name	Комерцијална банка АД Скопје
Formerly	Komunalna Banka
Company type	Bank
Industry	Financial services
Founded	1955; 69 years ago (1955)
Headquarters	Skopje , North Macedonia
Area served	North Macedonia
Products	Retail, investment and corporate banking, asset management
Net income	€29.99 million (2018)[1]
Total assets	€1.894 billion (2018)[1]
Total equity	€217.71 million (2018)[1]
Website	kb.com.mk

Komercijalna Banka AD Skopje (Macedonian: Комерцијална банка АД Скопје; abbr. KBS) is a commercial bank with headquarters in Skopje, North Macedonia.

History

It was established in 1955 as Komunalna Banka (business bank for city of Skopje) and it was specialized for approving housing loans and financing construction operations.^[2] Since 1955, it has gone through several transformations characteristic for the banking system of the region.

On 1 January 1990, the bank became independent through its transformation into a joint stock company under the name Komercijalna Banka A.D. Skopje.

Today, Komercijalna Banka Skopje is a universal bank licensed for performing all types of banking operations, combining the functions of commercial banking, savings deposits and investments, as well as banking services provided to the citizens and enterprises in the domain of domestic and international payment operations.^[3]