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Ratings

Rating agencyLong-term Credit RatingShort-term Credit RatingRating OutlookOther
Standard & Poor'sBBB+A-2Positive Stand-alone credit profile (SACP): bbb
Moody'sA2P-1StableBaseline Credit Assessment (BCA): baa2
Adjusted BCA: baa2
Long-term Counterparty Risk Assessment (CRA): A2(cr)
Short-term CRA: P-1(cr)
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Moody's - NLB d.d. Credit Opinion - June 2026
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S&P - NLB d.d. Ratings Direct - June 2026
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Sustainalytics - NLB d.d. ESG Risk Rating Summary Report - May 2026

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