Bloomberg News

Deutsche Bank Eyes Serbia’s Komercijalna Banka, Blic Reports

By Misha Savic
May 03, 2012

Deutsche Bank AG (DBK) is interested in acquiring 70 percent of Komercijalna Banka AD (KMBN), Serbia’s second- biggest bank by assets, Blic newspaper reported, citing a person it didn’t identify.

The German bank would acquire the stake from the government, the European Bank for Reconstruction and Development and a group of small shareholders, after a planned capital increase in the coming months, according to the report.

To contact the reporter on this story: Misha Savic in Belgrade at msavic2@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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