CORRECTION: NLB Group net profit down 22% to EUR 73.7m in Q2

corrects Q2 to H1, adds more detail

Please note that NLB Group's results referred to the first half of the year and not the second quarter. Below is the corrected version containing other details as well.

NLB Group net profit down 22% to EUR 73.7m in H1

Ljubljana, 13 August - The NLB Group generated EUR 73.7 million in net profit in the first half of the year, a decrease of EUR 20.7 million or 22% year-on-year. The group's operations were affected by the Covid-19 epidemic, but the supervisory board said on Thursday that despite impairments and provisions the group's operations were stable and profitable.

Ljubljana
The logo of NLB Skladi, an asset managing subsidiary of Slovenia's largest bank.
Photo: Tamino Petelinšek/STA

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