| |
2008 |
2007 |
2006 |
2005 |
| Operating
Profit |
24'614'422 |
20'734'986 |
16'195'918 |
13'149’354 |
| Net Profit |
14'365'905 |
12'948'067 |
10'021'754 |
9’425’210 |
| Total Assets |
870'113'010 |
826'457'473 |
576'829'798 |
430'629’595 |
| Capital |
56'852'596 |
36'886'691 |
30'938'624 |
25'126’870 |
| Provisions |
63'973'930 |
56'955'513 |
44'790'513 |
36'897’553 |
All amounts are in Swiss francs
The increase of provisions mirrors our gradual acceptance of the
stringent NLB provisioning standards, which consequently reflect
the requirements of the Bank of Slovenia, Slovenia’s governing
banking authority in accordance with Slovene Accounting Standards.
Moody's
Rating Report
 |
On 20 October
2009 Moody’s downgraded the issuer rating of NLB InterFinanz,
(NLBI) to Baa2 from A3, with a stable outlook. This rating action
was driven by the downgrade of the BFSR of its parent bank,
Nova Ljubljanska Banka (NLB) to C- (mapping onto a baseline
credit assessment (BCA) of Baa2) from C (mapping onto a BCA
of A3).
NLBI’s issuer rating is based on the company’s own standalone
financial strength and also incorporates a few notches of uplift
to reflect the very high likelihood of support from its parent,
NLB. The degree of rating uplift is determined by both the likelihood
of support and also by the parent bank’s standalone financial
strength represented by its BFSR and BCA. |
