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NKBM Bank Makes over 11 Million Euros Net Profit in 1999

Maribor, 9 March - BANKS/NKBM/RESULTS
The bank Nova Kreditna banka Maribor (NKBM) concluded 1999 with net profits of 11,725,000 euros, which is 325,000 euros less than in 1998, show the bank's unaudited business results. This is due to higher taxes, because the bank's pretax profits were by 8.4 percent higher last year than the year before, said chairman of the NKBM board Joze Glogovsek at a news conference on Thursday.

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