Our understanding of responsibility
Financial Results of the NLB Group
In a half-year marked by the COVID-19 pandemic that has significantly affected the global economy and our everyday lives, NLB Group business results demonstrate the robustness of the Group in terms of capitalisation and liquidity, as well as highly responsive and responsible interactions with key stakeholders, especially clients and employees.
In the first six months of 2020, NLB Group generated EUR 73.7 million in net profit. Subsidiary banks in SE Europe continued to perform well, contributing 40% to the Group’s profit before tax.
For the sixth year in a row.