The Slovenia Times

NLB bank has serious plans for Serbian market, says Serbian minister

Economy

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.

"I'm glad that NLB confirmed today that it has serious plans for the Serbian market. I believe this will allow the bank to be even more successful and help its staff and clients, including both citizens and companies," Mali said.

The minister added that NLB was a serious financial institution and the only one in the region whose shares were quoted on the London Stock Exchange.

The NLB group posted EUR 139.8 million in net profit in the first half of the year, up 90% year-on-year.

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