NLB Group Reports EUR 202M Loss Before Tax for 2010

Ljubljana, 10 February - The group around Slovenia's largest bank NLB last year generated a EUR 202.2m loss before tax, which is over two times more than in 2009, when the loss stood at EUR 86.8m. The loss is a consequence of EUR 477.3m worth of write-downs and bad loan provisions, NLB said on Thursday.