Nova KBM
 

Moody’s changes outlook to positive from stable | NKBM

In accordance with the applicable legislation and good business practice Nova KBM d.d. hereby gives the following notice:

Moody’s changes outlook to positive from stable

15 September 2017
OBVESTILA
In accordance with the applicable legislation and good business practice Nova KBM d.d. hereby gives the following notice:
 

On 14 September 2017, the rating agency Moody's Investor Service affirmed Nova KBM’s Ba2 long- term deposits ratings and changed the outlook to positive from stable. The rating was prompted by rating agency’s change of its Macro Profile for Slovenia to Moderate+ from Moderate, as well as continued improvement in the bank’s credit fundamentals.

The rating agency also anticipates the bank’s strong capital adequacy (Tier 1 ratio of 24.45%) in June 2017. In addition, rating reflects a significant decline in Nova KBM's problem loans ratio, which stood at 36.3% at 2015 year-end and at 28.2% at end of 2016.

This notice will be available on Nova KBM´s website (www.nkbm.si) from 15 September 2017, for at least five years from the date of its issue.