NLB Group

NLB Group is the largest banking and financial group in Slovenia, with core of its activity being in Southeast Europe.[9]

NLB Group
IndustryFinancial services
Founded1994 (1994)
Headquarters
Ljubljana
,
Slovenia
Area served
South Eastern Europe
Key people
Management Board of NLB d.d.[1][2][3][4]
  • Blaž Brodnjak (CEO)
  • Andreas Burkhardt (CRO)
  • Archibald Kremser (CFO)
ProductsRetail banking, commercial banking, investment, private banking, asset management, insurance,
€666.9 million (2021)[5]
€236.4 million (2021)[6]
Total assets €21,6 billion (2021)[7]
Number of employees
8,185 [8]
Websitewww.nlbgroup.si

History

Founded in 1994, the bank now covers markets with a population of approximately 17.4 million people. In addition to NLB d.d., a main entity in Slovenia, NLB Group comprises several subsidiary banks in Southeast Europe: NLB Banka Skopje, NLB Banka Sarajevo, NLB Banka Banja Luka, NLB Banka Prishtina, NLB Komercijalna banka, NLB Banka Podgorica,[10][11] and several companies for ancillary services (asset management, leasing, real estate management etc.) and a limited number of non-core subsidiaries controlled wind-down.

NLB d.d. is as of 14 November 2018 a publicly listed company[12] owned by a diversified investor base and whose largest shareholder is the RoS with a 25% plus one share. With the acquisition of the Serbian Komercijalna banka in December 2020,[13] the Group further strengthened its strategic and systemic position in the region and now holds a top 3 position in six out of seven markets where it has a banking presence.

In March 2022, the EU unit of Sberbank went into insolvency due to the EU sanctions in reaction to the 2022 Russian invasion of Ukraine and the Single Resolution Board decided to transfer all shares of the Sberbank's Slovenian subsidiary to NLB. On the 2 March, NLB officially bought the local unit of Sberbank, thus increasing its assets by approximately 1.0 billion euros.[14]

NLB Group recorded a record high profit of EUR 236.4 million in 2021.[15]

See also

References
  1. "Združenje bank Slovenije - Members". Retrieved 25 February 2022.
  2. "Management of the Bank". Retrieved 6 August 2017.
  3. "Skupina NLB v devetih mesecih z rahlo višjim dobičkom". Retrieved 21 February 2020.
  4. "Supervisory Board of NLB d.d. and Petr Brunclík, COO, agree on the termination of office". Retrieved 12 July 2021.
  5. "NLB Group: Remarkable business performance led to a record high profit of EUR 236.4 million in 2021" (PDF).
  6. "NLB Group: Remarkable business performance led to a record high profit of EUR 236.4 million in 2021" (PDF).
  7. "NLB Group: Remarkable business performance led to a record high profit of EUR 236.4 million in 2021" (PDF).
  8. "NLB Group: Remarkable business performance led to a record high profit of EUR 236.4 million in 2021" (PDF).
  9. "Nova Ljubljanska Banka d.d.: Private Company Information - Bloomberg". bloomberg.com. Retrieved 6 August 2017.
  10. "NLB Group Companies".
  11. "NLB zaključila prevzem srbske Komercijalne banke". www.sta.si. Retrieved 11 January 2021.
  12. "Notice of the home Member State for the purpose of disclosing controlled information". 14 November 2018. Retrieved 15 November 2018 – via Ljubljana Stock Exchange.
  13. "NLB zaključila prevzem srbske Komercijalne banke". 30 December 2020. Retrieved 12 April 2021.
  14. "Slovenia's NLB acquires Sberbank Slovenia". www.seenews.com. Retrieved 2022-03-04.
  15. "We believe in this region's potential - NLB Group Annual Report 2021" (PDF). 14 April 2022. Retrieved 14 April 2022.
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