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.

Ljubljana,
A press conference of the management of Slovenia's largest bank NLB following the release of ths bank's results for 2010.
Photo: Nebojša Tejic/STA

Ljubljana,
A press conference of the management of Slovenia's largest bank NLB following the release of ths bank's results for 2010.
Photo: Nebojša Tejic/STA

Ljubljana,
A press conference of the management of Slovenia's largest bank NLB following the release of ths bank's results for 2010.
Photo: Nebojša Tejic/STA

Ljubljana,
A press conference of the management of Slovenia's largest bank NLB following the release of ths bank's results for 2010.
Photo: Nebojša Tejic/STA

The rest of this news item is available to subscribers.
The news item consists of 2.646 characters (without spaces) or 516 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

zm/ep/ep
© STA, 2011