{{short description|Former bank in Slovenia}}
'''Nova Kreditna Banka Maribor''' (abbreviated as '''Nova KBM''' or '''NKBM''', {{lit|New Credit Bank of Maribor}}) was a bank based in Maribor, Slovenia. It operated between 1994 and 2024, when it was fully absorbed by the OTP Group. For much of that period it was the second-largest bank in Slovenia,<ref name=IMF2003>{{cite web |website=International Monetary Fund |url=https://www.imf.org/en/news/articles/2015/09/28/04/53/pn0354 |date={{date|2003-4-25}} |title=Public Information Notice: IMF Concludes 2003 Article IV Consultation with the Republic of Slovenia}}</ref> behind Nova Ljubljanska Banka (NLB). By December 2005, its market share reached 10.3 percent, behind NLB's 31.5 percent.{{R|IBER|p=38}}
==Overview== thumb|Postcard of the Maribor Savings Bank building, 1904 [[File:15-11-25-Maribor Inenstadt-RalfR-WMA 4286.jpg|thumb|The same building in 2015, Rectorate of the University of Maribor<ref>{{cite web |website=Univerza v Mariboru |url=https://www.um.si/objava/prva-obcinska-hranilnica-na-slovenskem-dobila-spominsko-obelezje-v-prostorih-rektorata-univerze-v-mariboru-na-slomskovem-trgu/ |date={{date|2024-1-18}} |title=Prva občinska hranilnica na Slovenskem dobila spominsko obeležje v prostorih rektorata Univerze v Mariboru na Slomškovem trgu}}</ref>]]
NKBM was established in 1994.<ref name=Erste>{{citation |url=https://research.erste-group.com/ERSTE/external/download?q=1ef6614189b02e94e0642ff593559733455af729bYWJjZGVmMDEyMzQ1Njc4OZakmPGwydgR9Gp1g0JVTWFF6OIko3UeZtC3DXZGBJTP6sw4KXY5vw76fa1e3YfkAb8SP6AEZShW8c9ET7ICqUIglLKcfSj3qyGF%2BpcPWoXR3RnOPCliqYOOcGkXAg7CEXwLpoNXyLr7xKz5qNJpPX26ERT0G5Csi56ZS4OuVgHm2%2FWEuWpYGhlqvQYtZo6HK2QohJJ7zXAtprQ7m9vOXFNnw9rB8XMZMqvwevKKmg3McQFMW2dD8X2OwZQVIcY4WHBt3busMqwr%2FVDvQ8gpNjf9m6hbC5Z01NHBstmzjgQt |date={{date|2024-4-9}} |first=Heiko|last=Langer |publisher=Erste Group |title=Nova Kreditna banka Maribor d.d.|access-date=28 April 2026}}</ref> It portrayed itself as the continuating entity of the municipal savings banks of Maribor ({{langx|de|Gemeindesparkasse in Marburg an der Drau}}, {{langx|sl|Mestna hranilnica Maribor}}, est. 1862),<ref name=AR2011>{{citation |url=https://www.bankier.pl/static/att/emitent/2012-04/LP_NKBM_2011_ANG_201204200000203478.pdf |title=2011 annual report - Nova KBM Group and Nova KBM d.d.}}</ref>{{rp|3}} even though there was no institutional continuity during the Yugoslav era. Specifically, the municipal savings banks was liquidated in 1948 together with much of the Yugoslav commercial banking sector, and absorbed by the National Bank of Yugoslavia under a strict monobank system. It was partly re-established in 1952, then merged in 1962 with another local bank, Komunalna Banka / Okrajna Banka Maribor (established in 1955). The merged entity adopted the name Kreditna Banka Maribor (KBM) in 1965. In 1978 KBM became affiliated with Ljubljanska Banka as Slovenia-wide associated bank, then eventually severed the link in 1993 before the restructuring that created NKBM the following year.{{R|AR2011|p=25-26}}
Plans were made for NKBM's partial privatization in the early 2000s, initially projecting a sale of 65 percent of the bank's equity capital.<ref name=IBER>{{citation |url=https://www.researchgate.net/publication/297678862_Banking_Development_In_The_Former_Yugoslavian_Republics |title=Banking Development In The Former Yugoslavian Republics |date=February 2011 |journal=International Business & Economics Research Journal (IBER) |issue=7(9) |author=Jelena Radzic & Ayse Yuce}}</ref>{{rp|37}} These plans were repeatedly postponed,<ref name=IMF2003/><ref>{{cite web |website=Radio Prague International |url=https://english.radio.cz/slovenia-launches-privatisation-state-banks-8098183 |date={{date|2005-4-22}} |title=Slovenia launches privatisation of state-banks}}</ref> until NKBM was eventually listed on the Ljubljana Stock Exchange in 2007, following which the Slovenian state retained a 51 percent ownership stake.{{R|AR2011|p=28, 48}} NKBM was again fully nationalized and delisted in 2013 during the Slovenian banking crisis; in 2015 its full re-privatization was announced, with 80 percent to be held by Apollo Global Management and 20 percent by the European Bank for Reconstruction and Development.<ref>{{cite web |website=Reuters |url=https://www.reuters.com/article/world/europe/apollo-ebrd-to-buy-slovenian-bank-nkbm-for-250-million-euros-idUSKCN0PA25P/ |date={{date|2015-6-30}} |title=Apollo, EBRD to buy Slovenian bank NKBM for 250 million euros |first=Marja|last=Novak|access-date=28 April 2026}}</ref>
On 1 July 2016, NKBM acquired the Slovenian operations of Raiffeisen Bank International.<ref>{{cite web |website=The Slovenia Times |url=https://sloveniatimes.com/10966/sale-of-raiffeisen-banka-to-us-fund-apollo-completed |date={{date|2016-7-1}} |title=Sale of Raiffeisen banka to US fund Apollo completed|access-date=28 April 2026}}</ref> In June 2019, it announced the acquisition of Abanka, by then the third-largest Slovenian bank;<ref>{{cite web |website=Reuters |url=https://www.reuters.com/article/world/europe/slovenia-sells-abanka-to-nkbm-for-444-million-euros-idUSKCN1TL24B/ |date={{date|2019-6-20}} |title=Slovenia sells Abanka to NKBM for 444 million euros|access-date=28 April 2026}}</ref> that transaction was completed on {{date|2020-9-1}}.<ref>{{cite web |url=https://siol.net/novice/posel-danes/nova-kbm-in-abanka-uradno-zdruzeni-533216 |date={{date|2020-9-1}} |website=Siol |title=Nova KBM in Abanka uradno združeni|access-date=28 April 2026}}</ref>
NKBM was in turn purchased in 2021 by Budapest-based OTP Group. OTP phased out the NKBM brand on {{date|2024-8-22}}, when it merged NKBM with SKB Bank, which it had acquired in 2019 from Société Générale. By then, OTP had a share of around 30 percent of the Slovenian banking market.<ref>{{cite web |website=SeeNews |url=https://seenews.com/news/slovenian-lenders-nkbm-skb-complete-merger-1262453 |title=Slovenian lenders NKBM, SKB complete merger |date={{date|2024-8-22}} |first=Radomir|last=Ralev|access-date=28 April 2026}}</ref>
==See also== * List of banks in Slovenia
==References== {{reflist}}
Category:Banks established in 1994 Category:Defunct banks of Slovenia
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