Nova Ljubljanska Banka dd ( (DE:N1V2) ) has shared an announcement.
Nova Ljubljanska Banka d.d. announced its new business strategy aimed at doubling its balance sheet to over EUR 50 billion and achieving a profit of more than EUR 1 billion by 2030. In 2024, the bank reported a net income of EUR 515 million, completed the acquisition of SLS Group, and re-entered the Croatian market, significantly boosting its growth trajectory. The company also improved its ESG Risk Rating and increased its dividend payment by 100% to EUR 220 million, while retaining 50% of 2024 profits for future distribution. These developments underscore NLB’s commitment to sustainable growth and stability in Southeastern Europe, despite potential economic challenges.
More about Nova Ljubljanska Banka dd
Nova Ljubljanska Banka d.d. (NLB) operates in the financial services industry, providing a range of banking and financial products primarily focused on Southeastern Europe. The company aims to support individuals and businesses through sustainable growth and development, with a strong emphasis on shareholder value and community engagement.
YTD Price Performance: -1.60%
Average Trading Volume: 336
Technical Sentiment Signal: Sell
Current Market Cap: €2.52B
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