NLB's profit down by a tenth in the first quarter

The largest Slovenian bank generated 125.8 million euros in net profit in the first three months of this year.

The NLB Group generated EUR 125.8 million in net profit in the first quarter of this year, which is ten percent less than in the same period last year. Operations were also affected by some extraordinary costs and higher impairments and provisions. Retail loans and deposits continued to grow. The bank described the results as good.