PROFIT OF THE NLB GROUP IN THE FIRST HALF OF YEAR 104.8 MILLION EURO

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NLB Group continued its positive trend in the previous period and achieved net profit of EUR 104.8 million in the first half of 2018. All member banks of the SEE markets, including NLB Bank Belgrade, made profits and accounted for 41% of the profits of the NLB Group before taxation.

NLB Bank Belgrade in the first six months achieved a net profit of EUR 2.5 million. “In the first six months of this year, NLB Bank approved loans in the amount of more than EUR 141 million, which on the one hand points to our readiness to provide support to the citizens and the economy of Serbia, but also to strengthen the trust of our clients. We continue to improve the offer for all segments of the clients, so that each contact with the bank will be a positive experience and we will try to justify this trust” said Branko Greganović, President of the Executive Board of NLB Banka Beograd, on the occasion of the publication of semi-annual results, adding that in this period NLB Bank the best result achieved in the business with agricultural holdings.

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