Moody’s upgrades NLB’s ratings
Rating agency Moody’s raised NLB’s long-term issuer credit ratings by one notch to A2/P-1 from A3/P-2 and its long-term senior unsecured ratings to A3 from Baa1. ...
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Today, on 24 May, the Supervisory Board of NLB d.d. met at its 55th meeting and discussed the NLB Group operations in the first three months of this year. The trend of stable and profitable operations in the NLB Group continues. The Group generated EUR 57.9 million net profit, which is comparable to last year’s Q1 net profit (Q1 2018: EUR 57.7 million). The contribution of subsidiary banks in the SE European Markets to the NLB Group result was 33.7%. For more details on the NLB Group operations in Q1, please refer to the Interim NLB Group Report, which was published today. On Tuesday, 28 May, at 17:00 all interested stakeholders can follow a webcast presentation of financial results live on this link.
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Rating agency Moody’s raised NLB’s long-term issuer credit ratings by one notch to A2/P-1 from A3/P-2 and its long-term senior unsecured ratings to A3 from Baa1. ...
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