Press releases | OTP banka

Press releases of Nova KBM.

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Press releases

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27 oct Nova KBM co-financed a company in green transition 1 aug Nova KBM winner of the Euromoney Award for Excellence 28 jun Free cash withdrawals also from ATMs of OTP banka Croatia From July 1, customers of Nova KBM and SKB banka, both members of the OTP Group, will be able to withdraw cash completely free of charge at OTP banka ATMs in Croatia using a personal Visa debit card. The new acquisition represents a major competitive advantage for both banks and a significant benefit for our customers. 12 apr Successful operations of Nova KBM in 2022 and continued growth in OTP Group (Maribor, 12. April 2023) Nova KBM published the Report of the Nova KBM Group and the Bank for the 2022 financial year. The report indicates that we have consolidated our position as the most accessible bank in Slovenia and recorded excellent performance. We provide our customers with top quality and comprehensive financial services that can be performed anywhere and at any time. At the 2022 year-end Nova KBM recorded a profit of EUR 115.6 million and the Nova KBM Group EUR 106.1 million. The ESG Report was published along with the Annual Report, detailing our vision, activities and achievements in introducing environmental and social aspects into business and in the field of corporate governance. 9 feb Moody’s upgrades Nova Kreditna banka Maribor d.d. deposit ratings to A3 from Baa1, and changes deposit outlook to stable On 7 February 2023, the rating agency Moody’s Investors Service (»Moody's«) upgraded the long-term local and foreign currency deposit ratings of Nova Kreditna Banka Maribor d.d. (»Nova KBM«) to A3 from Baa1 and changed the outlook to stable from ratings under review. Concurrently, Moody's also upgraded Nova KBM's Baseline Credit Assessment (BCA) and Adjusted BCA to baa3 from ba1, and its junior unsecured debt rating to Baa3 from Ba1.The bank’s short-term local and foreign currency deposit ratings were affirmed at P-2. The most significant acquisition in OTP Group’s history is closed 6 feb The most significant acquisition in OTP Group’s history is closed OTP Group is pleased to announce that, following the receipt of all necessary regulatory approvals, the acquisition of Nova KBM Group in Slovenia has been successfully completed, finishing the most complex acquisition process ever undertaken by the banking group. The purchase of NKBM is the most significant acquisition in the history of OTP Group enabling the group to become market leader in the fifth country and further strengthen its market position in the CEE Region. 1 feb OTP Bank received approval from the Slovenian Competition Protection Agency for the acquisition of Nova KBM OTP Bank, the leading banking group in Central and Eastern Europe has fulfilled today the last condition for closing the transaction of acquiring NKBM by receiving the approval of the Slovenian Competition Protection Agency. The sale and purchase agreement for the acquisition of Slovenia’s second largest bank was signed on 31 May 2021, and following the closing, that is expected in the upcoming days, Nova KBM will join OTP Group.
 
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