Slovenia’s NKBM Bank 9-mo Group Net Profit Falls to 32.14 Mln Euro

Group net interest income rose to 99.31 million euro in the first nine months of 2008 from 86.98 million euro a year earlier, NKBM said in its unaudited nine-month group financial report filed with the Ljubljana Stock Exchange (LJSE), where its shares are listed.

Group assets totalled 5.493 billion euro at the end of September, up 7.8% from the end of last year.

Shares in blue chip NKBM added 0.93% to an average price of 11.98 euro on the LJSE on Wednesday. The bank announced its financial results after the end of trading.

On Tuesday global rating agency Moody's changed the outlook on the A1 long-term deposit rating of NKBM to negative from stable. The outlook on NKBM's bank financial strength rating (BFSR) remains stable.

($ = 0.7922 euro)