Moody’s cited NLB’s consistently strong financial performance, supported by robust profitability and resilient asset risk metrics, as the key driver for the upgrade of the Baseline Credit Assessment (BCA). Over the past years, NLB has achieved sustainable profitability by diversifying its revenue streams and reinforcing market leadership in Slovenia, while maintaining a solid footprint in Southeastern Europe (SEE). The bank demonstrates proficient risk management capabilities in navigating the higher volatility and risk profile of the SEE markets, as reflected in its sound asset quality with low problem loan levels and ample reserve coverage across both domestic and regional operations, noted the agency.