Merger of Komercijalna Banka, NLB unit completed

Komercijalna Banka a.d. completed its merger with Serbian peer NLB Banka a.d. Beograd, a unit of Slovenia-based Nova Ljubljanska Banka dd.

The completion comes after all regulatory licenses were obtained, according to a statement.

The combined entity will operate as NLB Komercijalna Banka a.d., Belgrade, effective April 30.