Komercijalna Banka holds Ordinary General Meeting on June 4th

The Board of Directors of Komercijalna Banka has scheduled the Regular General Meeting for June 4th, stressing that the agenda will include the adoption of financial reports of the bank and the decision on distribution of profit from 2014 and retained accumulated profit from previous years.

Shareholders with at least 1% of voting shares on the cut-off date for the identification of shareholders, which is 25 May 2015, are entitled to exercise their voting right. Komercijalna banka has recently released its long-time CEO from duty, and the shares of this state-controlled bank have lost 13.9 percent in value over the past five trading days.

With the latest share price of RSD 2,007, the market cap of Komercijalna banka is at RSD 33.75 billion (about EUR 281 million).