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Nova Ljubljanska Banka dd ( (DE:N1V2) ) has provided an announcement.
Moody’s has upgraded NLB’s long-term issuer credit rating to A2/P-1 from A3/P-2 and its long-term senior unsecured rating to A3 from Baa1, reflecting improved confidence in the bank’s credit profile. The agency highlighted NLB’s strong and sustainable financial performance, robust profitability, resilient asset quality, and effective risk management in more volatile Southeastern European markets as key reasons for the rating uplift.
NLB’s management said the upgrade validates its disciplined risk approach and strategic focus on building hybrid, subordinated, and senior capital market instruments. The higher ratings are expected to enhance the bank’s funding flexibility and support its ability to continue creating sustainable value for shareholders and other stakeholders, reinforcing its position as a leading regional banking player.
More about Nova Ljubljanska Banka dd
Nova Ljubljanska Banka d.d. (NLB) is a leading banking group in Slovenia with a solid presence across Southeastern Europe, where it offers a broad range of retail and corporate banking services. The bank focuses on maintaining market leadership in its domestic market while leveraging diversified revenue streams from its regional operations to support sustainable profitability.
For detailed information about N1V2 stock, go to TipRanks’ Stock Analysis page.