NLB Group Reports Strong Q2 Growth, Plans Expansion
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NLB Group Reports Strong Q2 Growth, Plans Expansion

Nova Ljubljanska Banka dd (GB:NLB) has released an update.

Nova Ljubljanska Banka (NLB) Group reported a robust second quarter with a 9% increase in after-tax profits, reaching EUR 152.0 million. The growth was fueled by dynamic lending, particularly in the retail sector, and a stable business environment in South-eastern Europe. The bank has also outlined an aggressive business strategy aiming to significantly grow its balance sheet by 2030 and recently made strategic acquisition moves, including a takeover offer for Addiko Group and acquisitions in the leasing sector.

For further insights into GB:NLB stock, check out TipRanks’ Stock Analysis page.

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