Komunalna Banka Skopje was established in 1955, specialized for approving housing loans and financing construction operations. Since 01/01/1966 Komunalna Banka was transformed into a mixed type of bank and gets a new name, Komercijalno-Investiciona Banka Skopje. The three leading banks in the Republic of Macedonia, Stopanska Banka Skopje, Komercijalno-Investiciona Banka Skopje and Bitola, were integrated in the year 1971 in a bank operating under the name Stopanska Banka - Branch Skopje. This bank was the first bank that introduces current accounts for the citizens. In 1989, the Law on Banks and other financial institutions was brought, and in 1990 the Bank was transformed into the first joint stock company in the country and carries the current name Komercijalna Banka AD Skopje. By December 2005, Komercijalna Banka's market share reached 26.3 percent of total assets, making it the country's largest bank ahead of
Stopanska Banka. ==Operations==