Slovenia’s bank NLB reports 68% slide in Q1 profit due to bad loan provisions
Slovenia’s largest bank Nova
Ljubljanska Banka (NLB) said its first quarter net
profit fell 68% to 18.3 million euros ($19.74 million) mainly
due to new provisions for bad loans made because of the
coronavirus epidemic.
Ljubljanska Banka (NLB) said its first quarter net
profit fell 68% to 18.3 million euros ($19.74 million) mainly
due to new provisions for bad loans made because of the
coronavirus epidemic.
Posted by Reuters