Nova Ljubljanska Banka (GB:NLB) has released an update.
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Nova Ljubljanska Banka (NLB) Group has reported strong first quarter results with a net result of EUR 140 million, fueled by a stable business environment in South-eastern Europe and disciplined cost management. The bank has also raised its 2024 income forecast by EUR 100 million and expects a cost-to-income ratio of around 45% for 2024 and 2025, indicating improved financial efficiency. These optimistic results precede the NLB Investor Day, where the bank will unveil its ambitious strategy and vision for 2030.
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