Seven investors are interested in purchasing a stake in Komercijalna Banka, according to Serbian Finance Minister Sinisa Mali.
Mali told RTS that he expected the process of privatization of Komercijalna Banka to have been successfully completed by the year-end, as planned.
“The first phase has been completed, there are seven investors interested in buying shares of Komercijalna Banka, more than we expected,” Mali said and added that he was not surprised, considering all the good news “we’ve heard in the past two days”.
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Mali also underlined that the investors’ trust in Serbia had never been greater and that the perspective of the developing of the country’s economy was never greater.
“In that respect, this interest speaks for itself. Those investors will now examine Komercijalna Banka’s accounting records and make an offer. I expect the process to be completed successfully by the end of the year, as planned,” he added.
Economist Danilo Sukovic says that it is good news that seven companies are interested in buying Komercijalna Banka’s shares.
“Interested companies will have a close look at the bank’s balance sheets and accounting records, and only based on the analysis will decide whether to make a bid. It could well happen that all investors bid for a share in the bank provided they are satisfied with the bank’s financial results,” Sukovic added.
Economist Mladjen Kovačević believes that the state should remain the owner of its package of shares because it is useful for one of the largest banks to remain state-owned in part. The state’s share in this bank is 41.7 per cent.
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