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Slovenia's NLB Group more than doubles H1 cons after-tax profit

Author Radomir Ralev
Slovenia's NLB Group more than doubles H1 cons after-tax profit Author: Radomir Ralev

LJUBLJANA (Slovenia), August 15 (SeeNews) - Slovenian banking group NLB, the parent company of Nova Ljubljanska Banka [LJE:NLBR], said that its consolidated after-tax profit rose to 287 million euro ($293.7 million) in the first half of 2022, from 139.8 million euro in the same period of last year.

NLB Group's total net operating income increased 7% year-on-year to 358.1 million euro in January-June, NLB Group said in an interim financial report on Friday.

Net interest income rose 14% to 226.4 million euro, as net non-interest income went down 3% to 131.7 million euro.

Total costs fell 11% to 218.7 million euro.

The group's assets rose 5% on the year to 22.730 billion euro at the end of June.

In Southeast Europe, NLB Group is active in Bosnia and Herzegovina, North Macedonia, Kosovo, Serbia and Montenegro.

($ = 0.97703 euro)

Nova Ljubljanska Banka d.d. is among the biggest banks in SEE, for more reference take a look at Top 100 banks
 
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