Key events

2011

January:

• NLB played a major role in the issue of new Republic of Slovenia government bonds.

March:

• A capital increase of EUR 250 million was successfully completed.
• The voluntary liquidation of NLB Nova penzija was completed.
• NLB received a temporary order from the European Commission regarding the procedure to secure state aid.

April:

• NLB received an award presented by the financial magazine Global Finance as the best Slovenian bank in 2011 for the fourteenth time in succession, and as the best Slovenian bank in the area of currency trading in 2011 for the eighth time in succession.

June:

• The rating agency Moody’s downgraded the NLB Group.

July:

• A new long-term loan was raised by NLB in the amount of EUR 350 million.
• The sale of NLB Banka Sofia was successfully completed.
• NLB successfully passed the pan-European stress test.

September:

• The rating agency Moody’s downgraded NLB’s Slovenian government-guaranteed bonds
• The rating agency Fitch downgraded the NLB Group.
• The partial early repayment of NLB’s Slovenian government-guaranteed bonds was completed in the amount of EUR 296,097,000.

December:

• The rating agency Moody’s downgraded the NLB Group.
• The company Kreditni biro SISBON was established (29.7% participating interest).
• The results of the test, which indicated NLB had a capital deficit of EUR 320 million as at September 30, 2011, have been published.

2012

February:

• The rating agency Fitch downgraded NLB’s Slovenian government-guaranteed bonds.