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Awards for Excellence 2009: Slovenia

Best Bank: Nova Ljubljanska Banka

Nova Ljubljanska Banka (NLB) remains the pre-eminent bank in Slovenia, easily eclipsing its competitors in the breadth of its banking services and products. Despite a challenging domestic economic backdrop it retained its grip on the Slovenian banking market in 2008, registering positive growth in assets, loans and deposits. As a result it continues to control roughly a third of the Slovenian market. Highlights in 2008 included a $300 million capital increase, which boosted the bank’s capital base to almost €1.2 billion from €893 million in 2007, with the bank’s capital adequacy ratio increasing by one percentage point over the same period to reach a respectable 11.9%.