Blaž Brodnjak

Slovenian banking group NLB will start a new art collection called SEE ART to showcase contemporary artists from the region. The bank plans to invest €100,000 annually to acquire works of art.

The bank already keeps an art collection, having purchased and collected around 2,000 works in the past. It now wants to resume purchases of art.

Ljubljana – Slovenia’s largest bank NLB is in excellent shape and well prepared for turbulent times ahead, chairman of the board Blaž Brodnjak said after today’s shareholder meeting. He is also not concerned by the tightening of monetary policy in the eurozone. When necessary, households and companies will be assisted, he announced.

Ljubljana – NLB bank is completing the integration of Komercijalna Banka, a Serbian bank it bought in 2020. It has received regulatory approval for the legal merger of Komercijalna with NLB’s existing branch in Serbia, while the operational merger will take place over the weekend.

Belgrade – The NLB group has serious plans for the Serbian market, said Serbia’s Finance Minister Siniša Mali after Friday’s meeting with NLB CEO Blaž Brodnjak, the Serbian Press Agency Tanjug reported.

Minister Mali noted in his post on Instagram that the Slovenia-based banking group successfully completed acquisition of Serbian Komercijalna Banka last year.

Ljubljana – Having completed the takeover of Serbian bank Komercijalna Banka, Slovenia’s largest bank, NLB, will start eyeing potential new acquisition opportunities next year with CEO Blaž Brodnjak offering Albania as one potential new market.

Ljubljana – NLB, Slovenia’s largest banking group, reported a net profit of EUR 64.6 million for the first quarter of the year, about 3.5-fold the figure posted in the same period a year ago (EUR 18.3 million).

Ljubljana – Four business chambers or associations associated in an Economic Circle initiative urged the government to be more ambitious in its debureaucratisation drive and lower the planned social security cap, as they presented a number of ideas for a lean state at an online news conference on Wednesday.

Ljubljana – A virtual AmCham Slovenia business breakfast on Wednesday discussed economic recovery in 2021 to hear that the Covid-19 crisis has hit the Slovenian economy hard. It has nevertheless been kept alive by state aid and is waiting to see the light at the end of the tunnel, which could happen in the spring.

Ljubljana – NLB, the largest bank in Slovenia, will phase in fees for combined deposits by physical persons of over EUR 250,000 as of April. The monthly fee will amount to 0.04% and will be first charged in May, the bank said in a press release on Tuesday.

Ljubljana – Nova Ljubljanska Banka (NLB), Slovenia’s largest bank, has completed the acquisition of an 83.2% stake in Komercijalna Banka (KB) in Serbia, a move it describes as a milestone in its strategy of becoming the leading financial institution focused on Southeast Europe. NLB paid EUR 394.7 million for the stake.