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Slovenia: NKBM Still In the Reds
Politics ♦
Published: May 31, 2013; 14:25 ♦ (Vindobona)
Particularly high risk provision caused the bank a net loss of € 8.5m. Even for the whole of 2013, losses are expected.
Slovenia: NKBM Still In the Reds / Picture: © Vindobona.org
The second biggest Slovenian bank, NKBM (Nova Kreditna Banka Maribor) is still in the reds, after record losses in 2012. In the first quarter of 2013, the bank showed a net loss in the amount of € 8.5m. In the same period of time last year the banking Group made a net profit of € 1.4m. The core bank NKBM contributed with a group loss of almost € 5m, according to the quarterly…
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