The Republic of Serbia acquired an additional 34.58% stake in Komercijalna banka a.d. (BELEX:KMBN) from IFC Capitalisation Fund managed by IFC Asset Management Company, LLC and The European Bank for Reconstruction and Development on September 5, 2019. The Republic of Serbia now owns 83.23% stake in Komercijalna banka. The Republic of Serbia completed the acquisition of an additional 34.58% stake in Komercijalna banka a.d. (BELEX:KMBN) from IFC Capitalisation Fund managed by IFC Asset Management Company, LLC and The European Bank for Reconstruction and Development on September 5, 2019.