NLB bank's net profit down by 68% y/y in Q1 to EUR 18.3m

Ljubljana, 14 May - NLB generated EUR 18.3 million in net profit at group level in the first quarter, a 68% year-on-year decrease that Slovenia's largest bank said was the result of credit impairments and provisions formed due to the coronavirus epidemic.

Ljubljana
The headquarters of the NLB bank in the centre of Ljubljana.
Photo: Bor Slana/STA

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May 14, 2020, 21:07 gz/mas/mas

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Publish time: May 14, 2020, 21:07

Category: Business, Finance and Economy

Keywords: BANKS, RESULTS

Author: gz/mas/mas

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