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NLB group reports record profit for 2021

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NLB (Photo: Nebojša Tejić / STA)

By: J.S., STA

The banking group NLB posted a record profit of EUR 236.4 million in 2021, a substantial growth from the previous year, excluding effects from the acquisition of Komercijalna Banka in Serbia.

“The results of our business operations in 2021 show that we have successfully left the epidemic far behind us and more importantly, that we have emerged from it stronger than ever,” said NLB CEO Blaž Brodnjak. The bank is closely monitoring the Russia-Ukraine conflict even though it is unlikely to impact it directly.

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