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Moody's Downgrades NKBM Bank Further into Junk Territory

Maribor/London, 26 March - Rating agency Moody's has downgraded the long-term deposit rating of NKBM, Slovenia's second largest bank, from B3 to Caa2 with a negative outlook, citing a further weakening of the bank's credit profile.

Maribor
NKBM bank headquarters in Maribor
Photo: Vesna Pušnik Brezovnik/STA

Maribor
Banking group NKBM reports a loss of EUR 34m for the first half of the year.
Photo: Vesna Pušnik Brezovnik/STA

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