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In a joint process, Nova Ljubljanska banka (‘NLB’) and KBC Insurance NV (“KBC”) have agreed to sell their respective stakes in the Slovenian 50/50 life insurance joint venture NLB Vita to Sava Re, parent company of the Sava Insurance Group, one of the top three insurance groups in the Adria region. In doing so, KBC will completely withdraw from the Slovenian market, which is non-core to KBC. At the same time, NLB has fulfilled its last commitment towards the European Commission, in connection with the state aid proceedings.
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NLB Group’s journey to strengthen its foothold in the leasing market through cross-border expansion, strategic initiatives, and ambitious goals reached one of its key milestones today. After obtaining all regulatory licenses and entering the merger i...
Rating agency Standard and Poor’s raised NLB’s long-term issuer credit rating by one notch to BBB+ from BBB with stable outlook, based on financial outperformance and strong strategic execution. “The upgrade reflects our view that NLB outperforms pee...
The 60.41 % of the shareholders with voting rights, who were present at today’s 44th NLB d.d. General Meeting, adopted numerous resolutions proposed by the Management or/and Supervisory Boards of NLB d.d., among them regarding the allocation of distr...
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