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Monday, July 4, 2022

NLB bank well prepared for turbulent times, chairman says

By: J.S., STA

Slovenia’s largest bank NLB is in excellent shape and well prepared for turbulent times ahead, chairman of the board Blaž Brodnjak said after today’s shareholder meeting.

He is also not concerned by the tightening of monetary policy in the eurozone. When necessary, households and companies will be assisted, he announced. “If companies should have liquidity problems, we will know how to approach and restructure them. And we will try to do the same for households if they have difficulties in paying out their loans.” As for possible acquisitions, he said nothing concrete was on the table, but estimates that opportunities will arise in several markets in the region.

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