# NLB Group

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{{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](/source/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](/source/Financial_services)
| revenue        = 
| owner=[Republic of Slovenia](/source/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 bank](/source/Retail_bank)ing, [commercial bank](/source/commercial_bank)ing, [investment](/source/investment), [private banking](/source/private_banking), [asset management](/source/asset_management), [insurance](/source/insurance)
| homepage       = {{URL|https://www.nlbgroup.com/}}
}}
'''NLB Group''' is the largest banking and financial group in [Slovenia](/source/Slovenia), with the core of its activity being in [Southeast Europe](/source/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](/source/European_Banking_Supervision) in late 2014, and as a consequence is directly supervised by the [European Central Bank](/source/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](/source/Nova_Ljubljanska_banka) was formed in 1994 from the restructuring of [Ljubljanska banka](/source/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](/source/NLB_Komercijalna_banka), [NLB Banka Podgorica](/source/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](/source/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](/source/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](/source/Sberbank) went into insolvency due to the EU sanctions in reaction to the [2022 Russian invasion of Ukraine](/source/2022_Russian_invasion_of_Ukraine) and the [Single Resolution Board](/source/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](/source/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>

==See also==
* [Gorenjska Banka](/source/Gorenjska_Banka)
* [List of banks in the euro area](/source/List_of_banks_in_the_euro_area)
* [List of banks in Slovenia](/source/List_of_banks_in_Slovenia)

==References==
{{reflist}}

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

{{Authority control}}

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

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{{Europe-bank-stub}}

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Adapted from the Wikipedia article [NLB Group](https://en.wikipedia.org/wiki/NLB_Group) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/NLB_Group?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.
