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Friday, November 22, 2024

NLB will pay out EUR 92m in dividends this year

By: J.S., STA

The bank NLB may pay out EUR 92 million in dividends this year and a total of some EUR 300 million in three years, the bank’s board said in an online financials presentation.

The results released last week show a significant increase in profit, owing greatly to the acquisition of the Serbian Komercijalna Banka. Chairman Blaž Brodnjak said that the group acquired nearly a million new clients in the acquisition. NLB’s market share in Serbia has gone from below 2% to over 12%.

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