CORRECTION: NKBM group net profit almost doubled last year (adds)

Trend in deposits in para 6

The NKBM group's total deposits from the non-banking sector and total loans to the non-banking sector decreased rather than increased as incorrectly stated in the 6th paragraph of the STA copy. A corrected report follows.

NKBM group net profit almost doubled last year

Maribor, 14 March - The banking group NKBM, which became part of Hungary's OTP group last year, posted a net profit of EUR 203.8 million last year, which is 92% more than the year before. The NKBM bank recorded a net profit of EUR 189.3 million, up from EUR 115.6 million in 2022, shows the annual report released on Thursday.

Maribor Logo of Nova KBM bank. Photo: Bor Slana/STA

Maribor
Logo of Nova KBM bank.
Photo: Bor Slana/STA

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