49th NLB Supervisory Board Meeting
22nd June 2018
The Supervisory Board of NLB d.d. met at its 49th meeting today where it reviewed implementation of the NLB Group Strategy and approved the materials to be discussed at the Bank's Shareholders' Meeting, which will be convened by the end of this month.
At its meeting, the Supervisory Board put particular emphasis on the review of the implementation of the NLB Group Strategy and commended the progress achieved in digitalisation, simplification and modernisation of processes and services.
NLB is setting new milestones in modern banking by continuously launching new, advanced services for its customers. The first priority throughout the NLB Group is to constantly improve user experience, which is why it is undertaking a considerable upgrade of its IT systems. By adopting new approaches NLB is demonstrating, that it has the right answers to the challenges posed by digitalisation.
The Supervisory Board also took note of the risks relating to the unfinished procedures before the European Commission regarding the State aid, which are placing additional burden upon the Bank and causing uncertainty for execution of its strategy.
As usual, the Supervisory Board also granted its consent to relevant transactions where required.
NLB Supervisory Board