NLB Group

{{Short description|Bank in Slovenia}} {{Infobox company | name = NLB Group | logo = NLB Group.png | type = | foundation = {{start date and age|1994}} | hq_location_city = Ljubljana | hq_location_country = Slovenia | area_served = South Eastern Europe | location = | key_people = Management Board of NLB d.d.<ref>{{cite web|url=https://www.zbs-giz.si/en/members/|title=Združenje bank Slovenije - Members|publisher=|access-date=25 February 2022}}</ref><ref>{{cite web|url=https://www.nlb.si/management-and-supervisory-board|title=Management of the Bank|publisher=|access-date=6 August 2017}}</ref><ref>{{cite web|url=https://www.sta.si/2703328/skupina-nlb-v-devetih-mesecih-z-rahlo-visjim-dobickom|title=Skupina NLB v devetih mesecih z rahlo višjim dobičkom|publisher=|access-date=21 February 2020}}</ref><ref>{{cite web|url=https://www.nlb.si/press-release-20-4-2021|title=Supervisory Board of NLB d.d. and Petr Brunclík, COO, agree on the termination of office|publisher=|access-date=12 July 2021}}</ref><ref>{{cite web|url=https://www.nlbgroup.com/int-en/media-center/press-releases/2025/press-release-04-06-2025|title=ECB gives consent to Reinhard Höll as NLB's CTO|publisher=|access-date=17 June 2025}}</ref> * Blaž Brodnjak {{small|(CEO)}} * Antonio Argir * Andreas Burkhardt * Archibald Kremser * Andrej Lasič * Reinhard Höll * Hedvika Usenik | industry = Financial services | revenue = | owner=Republic of Slovenia (25%)<ref>{{cite web|title=ROwnership structure |url=https://www.nlbgroup.com/int-en/investor-relations/ownership-structure|website=nlbgroup.com|language=en}}</ref> | operating_income = {{increase}} €1,302.5 million {{small|(2025)}}<ref>{{cite web|title=Results at 15% ROTE Confirm Resilience, 3% QoQ Revenue Growth Underline Growth Momentum |url=https://www.nlbgroup.com/content/dam/nlb/nlb-group/documents/investor-relations/financial-reports/2025/q4/Key-Highlights-FY2025.pdf|access-date=2026-02-13|website=nlbgroup.com|language=en}}</ref> | net_income = {{increase}} €503.1 million {{small|(2025)}}<ref>{{cite web|title=Results at 15% ROTE Confirm Resilience, 3% QoQ Revenue Growth Underline Growth Momentum |url=https://www.nlbgroup.com/content/dam/nlb/nlb-group/documents/investor-relations/financial-reports/2025/q4/Key-Highlights-FY2025.pdf|access-date=2026-02-13|website=nlbgroup.com|language=en}}</ref> | assets = {{increase}} €32.270 billion {{small|(Q1 2026)}}<ref>{{cite web|title=Results at 15% ROTE Confirm Resilience, 3% QoQ Revenue Growth Underline Growth Momentum |url=https://www.nlbgroup.com/content/dam/nlb/nlb-group/documents/investor-relations/financial-reports/2025/q4/Key-Highlights-FY2025.pdf|access-date=2026-02-13|website=nlbgroup.com|language=en}}</ref> | equity = | num_employees = 8,322<ref>{{cite web|url=https://www.nlbgroup.com/content/dam/nlb/nlb-group/documents/investor-relations/financial-reports/2024/NLB%20Group%20Annual%20Report%202024.pdf|title=NLB Group Annual Report 2024}}</ref> | products = Retail banking, commercial banking, investment, private banking, asset management, insurance | homepage = {{URL|https://www.nlbgroup.com/}} }} '''NLB Group''' is the largest banking and financial group in Slovenia, with the core of its activity being in Southeast Europe.<ref>{{cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=2102773|title=Nova Ljubljanska Banka d.d.: Private Company Information - Bloomberg|website=bloomberg.com|access-date=6 August 2017}}</ref>

NLB has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.<ref>{{cite web |website=European Central Bank |title=The list of significant supervised entities and the list of less significant institutions |url=https://www.bankingsupervision.europa.eu/ecb/pub/pdf/ssm-listofsupervisedentities1409en.pdf |date={{date|2014/09/04}} }}</ref><ref>{{cite web |website=European Central Bank |title=List of supervised entities |date={{date|2023/01/01}} |url=https://www.bankingsupervision.europa.eu/ecb/pub/pdf/ssm.listofsupervisedentities202302.en.pdf }}</ref>

==History==

Nova Ljubljanska banka was formed in 1994 from the restructuring of Ljubljanska banka, a Yugoslav bank originally formed in 1955 and nationalized by the newly independent government of Slovenia in 1991.

Banking members of NLB Group cover markets with a population of approximately 17.4 million people. In addition to NLB d.d., a main entity in Slovenia, NLB Group comprises several subsidiary banks in Southeast Europe: NLB Banka Skopje, NLB Banka Sarajevo, NLB Banka Banja Luka, NLB Banka Prishtina, NLB Komercijalna banka, NLB Banka Podgorica,<ref>{{cite web|url=http://www.nlbgroup.si/nlb-group-companies|title=NLB Group Companies|website=nlbgroup.si}}</ref><ref>{{cite web|url=https://www.sta.si/2850019/nlb-zakljucila-prevzem-srbske-komercijalne-banke?q=komer,bank|title=NLB zaključila prevzem srbske Komercijalne banke|website=sta.si|access-date=11 January 2021}}</ref> several companies for ancillary services (asset management, leasing, real estate management etc.) and a limited number of non-core subsidiaries controlled wind-down.

By December 2005, NLB's market share in Slovenia reached 31.5 percent, well ahead of NKBM's number-two position at 10.3 percent.<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|38}}

NLB d.d. was as of 14 November 2018 a publicly listed company<ref>{{cite web|url=http://seonet.ljse.si/?doc=LATEST_PUBLIC_ANNOUNCEMENTS&doc_id=66874|title=Notice of the home Member State for the purpose of disclosing controlled information|date=14 November 2018|publisher=|access-date=15 November 2018|via=Ljubljana Stock Exchange}}</ref> owned by a diversified investor base and whose largest shareholder is the Republic of Slovenia with a 25% plus one share. With the acquisition of the Serbian Komercijalna banka in December 2020,<ref>{{cite web|url=https://www.sta.si/2850019/nlb-zakljucila-prevzem-srbske-komercijalne-banke?q=nlb,komer,bank|title=NLB zaključila prevzem srbske Komercijalne banke|date=30 December 2020|website=sta.si|access-date=12 April 2021}}</ref> the Group further strengthened its strategic and systemic position in the region and now holds a top 3 position in six out of seven markets where it has a banking presence.{{citation_needed|date=November 2021}}

In March 2022, the EU unit of Sberbank went into insolvency due to the EU sanctions in reaction to the 2022 Russian invasion of Ukraine and the Single Resolution Board decided to transfer all shares of the Sberbank's Slovenian subsidiary, later renamed to N Banka, to NLB. On 2 March, NLB officially bought the local unit of Sberbank, thus increasing its assets by approximately 1.0 billion euros.<ref>{{cite web|title=Slovenia's NLB acquires Sberbank Slovenia|url=https://seenews.com/news/slovenias-nlb-acquires-sberbank-slovenia-775417|access-date=2022-03-04|website=seenews.com|date=2 March 2022 |language=en}}</ref> In September 2023 operational merger of N Banka to NLB was successfully completed.<ref>{{cite web|title=Ena banka, neskončno priložnosti - Operativna pripojitev N Banke d.d. k NLB d.d. uspešno zaključena|url=https://www.nlb.si/sporocilo-za-javnost-5-9-2023|access-date=2023-09-07|website=NLB.si|language=sl}}</ref>

In November 2023, NLB entered into an agreement to acquire a 100% shareholding in SLS HOLDCO, holdinška družba, the parent company of Summit Leasing Slovenija and its Croatian subsidiary, Mobil Leasing;<ref>{{cite web|title=NLB prevzema družbo Summit Leasing (dopolnjeno)|url=https://www.sta.si/3241832/nlb-prevzema-druzbo-summit-leasing?q=nlb,leasin|website=NLB.si|language=sl}}</ref> with transaction successfully completed in September 2024.<ref>{{cite web|title=NLB z lizinškimi storitvami na hrvaški trg|url=https://www.sta.si/3341033/nlb-z-lizinskimi-storitvami-na-hrvaski-trg?q=nlb,leasin|access-date=2024-09-17|website=NLB.si|language=sl}}</ref> After the merger in the beginning of July 2025, NLB Lease&Go and Summit Leasing Slovenia are now serving clients as one company – NLB Lease&Go. <ref>{{cite web|title=NLB Lease&Go pripojena k družbi Summit Leasing Slovenija|url=https://www.sta.si/3444058/nlb-lease-go-pripojena-k-druzbi-summit-leasing-slovenija?q=summit,leasin|access-date=2024-08-07|website=STA.si|language=sl}}</ref>

NLB Group concluded the financial year 2025 with a profit after tax result at EUR 503.1 million and announced upon the publication of the unaudited results for 2025 that creating value for shareholders remains a priority, with an expected dividend payment of 55% in 2026 from the profit for 2025.<ref>{{cite web|title=Dobiček NLB Skupine lani znova višji od pol milijarde evrov|url=https://www.sta.si/3521436/dobicek-nlb-skupine-lani-znova-visji-od-pol-milijarde-evrov?q=nlb?q=nlb|website=sta.si|language=sl}}</ref>

NLB Group's profitability remained solid in Q1 2026, with profit after tax at EUR 119.3 million.<ref>{{cite press release|title=NLB Group in Q1 2026: Resilient Underlying Performance and Continued Growth Momentum|url=https://www.nlbgroup.com/int-en/media-center/press-releases/2026/press-release-06-05-2026|website=nlbgroup.com|language=en}}</ref>

In April 2026, NLB Group launched a takeover bid for Austrian lender Addiko Bank, which is primarily operating in Slovenia, Croatia, Bosnia and Herzegovina, Serbia and Montenegro).<ref>{{cite web|title=Slovenia's NLB announces €29 per share takeover bid for Addiko Bank|url=https://www.intellinews.com/slovenia-s-nlb-announces-29-per-share-takeover-bid-for-addiko-bank-436804/|date=12 April 2026|website=intellinews.com|language=en}}</ref>

==References== {{reflist}}

==External links== * {{official website|https://www.nlbgroup.com/}}

Category:Banks of Slovenia Category:Companies based in Ljubljana Category:Banks established in 1994 Category:Slovenian brands Category:1994 establishments in Slovenia Category:Banks under direct supervision of the European Central Bank