30th Nov 2021 16:31
NLB d.d., Ljubljana concluded new guarantee with MIGA for optimization of capital
In accordance with the Ljubljana Stock Exchange Rules, Article 17 of Regulation (EU) No. 596/2014 and Article 130 of Market in Financial Instruments Act, company Nova Ljubljanska banka d.d., Ljubljana (hereinafter: "NLB d.d.") informs the public that with the aim of capital optimisation on consolidated basis, NLB d.d. and Multilateral Investment Guarantee Agency (hereinafter: "MIGA"; part of the World Bank Group) entered into a contract of guarantee against the risk of expropriation of mandatory reserves held by Komercijalna banka a.d. Beograd with its local central bank. The risk mitigation measure is effective as of 30 November 2021 and shall reduce the risk weighted assets of NLB d.d. on consolidated level up to EUR 216.7 million.
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NLB d.d., Ljubljana
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