REG - Nova Ljubljanska - Moody’s upgrades NLB’s ratings

Nova Ljubljanska Banka dd LjubljanaAnnouncement

03/03/2026 11:45

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RNS Number : 1527V  Nova Ljubljanska Banka d.d.  03 March 2026

Nova Ljubljanska Banka d.d.

March 3, 2026

 

Moody's upgrades NLB's ratings

 

Pursuant to the Rules of the Ljubljana Stock Exchange and Article158 of the
Market in Financial Instruments Act, relating to the Article 17 of the
Regulation (EU) No 596/2014, NLB d.d., Trg republike 2, 1000 Ljubljana
announces:

Rating agency Moody's raised NLB's long-term issuer credit ratings by one
notch to A2/P-1 from A3/P-2 and its long-term senior unsecured ratings to A3
from Baa1.

 

Moody's cited NLB's consistently strong financial performance, supported by
robust profitability and resilient asset risk metrics, as the key driver for
the upgrade of the Baseline Credit Assessment (BCA). Over the past years, NLB
has achieved sustainable profitability by diversifying its revenue streams and
reinforcing market leadership in Slovenia, while maintaining a solid footprint
in Southeastern Europe (SEE). The bank demonstrates proficient risk management
capabilities in navigating the higher volatility and risk profile of the SEE
markets, as reflected in its sound asset quality with low problem loan levels
and ample reserve coverage across both domestic and regional operations, noted
the agency.

 

"We value the upgrade of our ratings. This recognition reflects the strength
of our balance sheet, disciplined risk management and consistent execution of
our strategy, in particular the deliberate build-up of our hybrid,
subordinated and senior capital market instruments. The upgrade further
strengthens our funding flexibility and supports our commitment to delivering
sustainable value to our stakeholders." commented Archibald Kremser, CFO.

 

This announcement will be available on the company's website (www.nlbgroup.com
(http://www.nlbgroup.com) ) as of 3.3.2026.

 

Investor Relations

NLB d.d., Ljubljana

 

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