NLB meaning in Banking ?

NLB Group is the largest banking and financial group in Slovenia with an exclusive strategic interest in South-eastern Europe (SEE). It covers markets with a population of approximately 17.4 million people. In addition to NLB d.d., a main entity in Slovenia, NLB Group comprises nine subsidiary banks in SEE: NLB Banka Skopje, NLB Banka Sarajevo, NLB Banka Banja Luka, NLB Banka Prishtina, NLB Banka Beograd, NLB Banka Podgorica, newest members Komercijalna Banka a.d. Beograd and its two subsidiaries in BIH and Montenegro, several companies for ancillary services (asset management, leasing, real estate management etc.) and a limited number of non-core subsidiaries controlled wind-down. NLB d.d. is as of 14 November 2018 a publicly listed company owned by a diversified investor base and whose largest shareholder is the RoS with a 25% plus one share. With the acquisition of Komercijalna Banka, Beograd in December 2020, the Group further strengthened its strategic and systemic position in the region and now holds a top 3 position in six out of seven markets where it has a banking presence.

In H1 2021, NLB Group posted EUR 139.8 million of profit after tax (EUR 66.1 million higher YoY).