Leading banking group NLB doubles H1 profit to EUR 287m

Ljubljana – Slovenia’s largest banking group, NLB, reported on Thursday EUR 287 million in profit after tax for the first half of 2022, a 105% increase year-on-year. The growth was mainly driven by positive effects related to the acquisition of N Banka, formerly Sberbank. The profit of the core bank NLB fell from EUR 77.1 million to EUR 66.9 million. NLB Group’s operating profit rose by 7% to EUR 358.1 million in the first six months, with N Banka, part of NLB since March this year as a result of…

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The post Leading banking group NLB doubles H1 profit to EUR 287m appeared first on Slovenia Times.

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