Fitch revises outlook of Nova KBM to Positive | OTP banka

Fitch revises outlook of Nova KBM to Positive

Cookie Control
Pursuant to the Electronic Communications Act (ZEKom-2) user consent is required for certain cookies to be used. You may reject cookies at any time. In this case, you will still be able to visit our website, but the website may not function as intended.
 
Do you agree to using the following cookies?
Session cookies
Cookies to store your preferred choices and settings
Agree
Don't agree
Google Analytics cookies for analytical purposes
Agree
Don't agree
Third-party cookies (Facebook, Twitter, LinkedIn, Ad Words, Hotjar)
Agree
Don't agree

Fitch revises outlook of Nova KBM to Positive

1 July 2019
OBVESTILA
Fitch Ratings has revised the outlook from Stable to Positive. All other ratings remain unchanged.
 
The rating action follows the announcement by NKBM that it has signed a sale and purchase agreement with the Slovenian Sovereign Holding (SSH) for the acquisition of 100% of the shares of Abanka. Abanka’s acquisition by NKBM and their subsequent merger, if completed, will create the second-largest bank in Slovenia with a market share of around 22.5%. The acquisition is significant for NKBM in terms of size as it would increase its total assets and risk-weighted assets (RWA) by around 70%. The Positive Outlook for NKBM reflects Fitch’s expectation that the merger of banks will be coupled with further improvements in asset quality and maintenance of a solid capitalisation. 
 
 
OTP Banka OTP Banka OTP Banka
 
OTP Banka OTP BankaOTP BankaOTP Banka