Archibald Kremser

NLB management board expanded from three to six members

Ljubljana – The supervisory board of the NLB bank appointed on Thursday Hedvika Usenik, Antonio Argir and Andrej Lasič to the management board to expand it from three to six members. Their five-year terms will start after approval from banking regulator, and they will continue to serve as assistants to the management board until then.

NLB’s takeover of Serbian bank about to be completed

Ljubljana – NLB, Slovenia’s largest bank, has obtained all the required permits to take over an 83% stake in Komercijalna Banka in line with the February contract, NLB said in a press release on Tuesday.

The takeover of the bank which the Serbian state sold to NLB in February for EUR 387 million is expected to be finalised by the end of the year.