Serbia is strategic partner of NLB Group

President of NLB Group, Janko Medja, said that the market of Serbia is especially important for banking group and estimated that successful business in the first three quarters this year is a boost for further development at all markets, including Serbia.

In the first three quarters this year, NLB Group generated EUR 47,9 m profit after taxation which is an increase of almost EUR 14 m compared to half year’s result, Medja said who visited NLB bank Belgrade during his regional visit to Group members.

As it was stated in the NLB bank, Serbia has significant business potential and large number of Slovenian and other foreign companies invest in business at this market.

Slovenia is present in Serbia with some 400 investment and some 25.000 people work in 1.600 Slovenian companies in the country.

Knowing the importance of this market, NLB Group wants to contribute to development of Serbian economy supporting NLB bank Belgrade with an objective to strengthen their market position in the next years, it was stated in the announcement.