Slovenia’s NLB Bank gave the best offer to buy the majority stake in Komercijalna Banka from the Serbian government – the Danas daily reported on Tuesday.
The Serbian government put up an 82.23 per cent share of the bank for sale and got four non-binding offers.
The Danas newspaper also reported that it had learned unofficially that NLB Bank offered 450 million euro for the stake. That offer was higher than the none given by the Serbian bank AIK Banka, which offered 430 million euro and the Austrian Raiffeisenbank 390 million euro.
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The total value of the Komercijalna Bank is estimated at some 550 million euro. There have been claims that the government would take 500 million euro for the bank.
The Serbian government recently bought just under 35 per cent of the share in the bank from the European Bank for Reconstruction and Development (EBRD) and International Financial Corporation (IFC).
(Novi Magazin, 17.09.2019)
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