KM Financial Solutions | Slovenia’s bank NLB reports 68% slide in Q1 profit due to bad loan provisions
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Slovenia’s bank NLB reports 68% slide in Q1 profit due to bad loan provisions

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.

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