 The bank also operates in Bosnia and Herzegovina through its local subsidiary Komercijalna banka Banja Luka since September 2006.As of December 2014, two of the bank's biggest stakeholders were the Government of Serbia with 42.6% and European Bank for Reconstruction and Development with 25% of shares.In March 2015, the bank's management announced that Government of Serbia plans to sell its stake in the bank in the second half of 2017.