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Fitch upgraded NLB's credit rating

5 May 2017

Today on 5th May, 2017 rating agency Fitch upgraded NLB's Long-term IDR to "BB" from "BB-" and its Viability Rating to "bb" from "bb-". The Outlook remains Stable.


According to the agency, the upgrade reflects an improvement in Slovenian economic environment coupled with ongoing restructuring of the corporate sector; reduced downside asset quality risks and only modest new NPL generation; considerable capital buffer further supported by de-leveraging; and bank's robust funding and liquidity profile.

NLB Communications