The National Bank of Serbia (NBS) gave its consent to the Slovenian NLB for the acquisition of direct controlling ownership in Komercijalna Banka, which created the conditions for the realization of the takeover of Komercijalna Banka. The procedure ended with the adoption of the NBS Decision, which gave prior consent to NLB for the acquisition of direct controlling ownership, which will enable it 83.23 percent, or more than 50 percent of voting rights in Komercijalna Banka. The takeover of Komercijalna Banka implies the payment of the purchase price and the implementation of the change of ownership over the Bank’s shares in the Central Registry, depository and securities clearing on the basis of the Share Purchase Agreement concluded between the Republic of Serbia and NLB.
Regarding the dismissal of the existing members of the Bank’s Board of Directors and the decisions of the Assembly on their dismissal, the NBS states that they come into force, as stated, by cumulative fulfillment of certain conditions. These conditions, among other things, refer to the realization of the transaction of change of ownership in the bank, ie to its takeover by its new shareholders.
