Nova Ljubljanska banka dd Ljubljana (FRA:N1V2)
€ 26.2 0.2 (0.77%) Market Cap: 2.63 Bil Enterprise Value: -345.27 Mil PE Ratio: 4.39 PB Ratio: 0.85 GF Score: 65/100

Nova Ljubljanska Banka dd Ljubljana Acquire Sberbank banka d.d Transcript

Mar 04, 2022 / 10:00AM GMT
Release Date Price: €12 (-7.69%)
Operator

Ladies and gentlemen, the Management Board of NLB welcomes you to the webcast, where they will present the acquisition of Sberbank banka d.d. Today's presenters are Blaz Brodnjak, CEO; and Archibald Kremser, CFO. (Operator Instructions) Before we go on, we would like to draw your attention to the disclaimer on Slide 2 of the presentation.

By this, I pass the word to Mr. Brodnjak.

Blaz Brodnjak
Nova Ljubljanska Banka d.d. - President of the Management Board, President, CEO & CMO

Good morning, everyone. We are back pretty soon, right? We haven't expected we would be back so soon. But frankly, in the last days, we've had very, very dynamic developments, and we're practically confronted on Saturday morning by the circumstances of a significant liquidity squeeze and eventually then also, of course, interventions of the regulatory bodies, in this instance, Single Resolution Board as the European authority for this matters in connection obviously with the Bank of Slovenia.

And we have learned on Saturday that Slovenian subsidiary of Sberbank

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