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N. Macedonia's NLB Banka to pay 12 euro/share dividend for 2021

N. Macedonia's NLB Banka to pay 12 euro/share dividend for 2021 NLB Banka Beograd headquarters in Belgrade Source: www.nlb.rs

SKOPJE (N. Macedonia), May 13 (SeeNews) - North Macedonia's NLB Banka [MSE:TNB], part of Slovenian banking group Nova Ljubljanska Banka (NLB), said its shareholders endorsed a plan to distribute a gross dividend of 738 denars ($12.5/12 euro) per share for 2021.

The lender will use 630.3 million denars out of its 2021 profit to pay dividend, it said in a bourse filing on Thursday.

Last year, NLB Banka distributed 1,787 denars per share as combined dividend for 2019 and 2020.

The bank booked a net profit of 2.2 billion denars in 2021, up 30% on an annual comparison basis.

NLB Banka's shares traded at an average price of 27,467 denars on Thursday, the latest available Skopje bourse data showed.

(1 euro = 61.48 denars)

NLB Tutunska Banka AD Skopje is among the biggest banks in SEE, for more reference take a look at Top 100 banks
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