Awards for Excellence 2019
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The successful IPO of Slovenia’s NLB in London and Ljubljana in November marked the end of a six-year restructuring process and set the stage for a new era of expansion by the group.
Along with the rest of Slovenia’s state-owned banks, NLB hit the buffers in 2012 when large portfolios of corporate loans began to turn sour.
The following year the Slovenian government spent €3 billion recapitalizing the country’s public-sector lenders – including market leader NLB – and transferred €5 billion worth of non-performing loans to a newly created bad bank.
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