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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The time has come for a new chapter in leasing operations of the NLB Group. After entering the Slovenian market with NLB Lease&Go in the spring of 2020, leasing activities have been gaining momentum so much so that new leasing company was recently established in North Macedonia and all regulatory approvals were obtained for the purchase of a leasing entity in Serbia.
Leasing is one of strategic activities of the NLB Group, the leading banking and financial group with headquarters and an exclusive strategic interest in our home region of Southeast Europe, which supports its clients with universal solutions through retail, corporate, and investment banking. Leasing services offered by the NLB Group member NLB Lease&Go, Ljubljana, complement bank’s lending services and enable retail and corporate clients to choose the option that best addresses their needs, situation, and preference. The company namely offers financial and operational leasing of movables, which includes passenger vehicles, light and heavy goods vehicles, and equipment. The same model and strategies will be applied on the new markets as well.
Management and governance structures have already been set up in new leasing members with full implementation of the Group’s corporate governance principles. It is expected that both companies will start with their first activities already next month and enter their markets more decisively in January 2023.
These are latest news
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. ...
In 2025, growth remained solid and the demand for banking services robust in our home region of Southeast Europe (SEE). The environment positively impacted NLB Group’s performance and led to a strong EUR 503.1 million profit after tax at the end of t...
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