May 24, 2018 / 1:25 PM / 3 months ago

Slovenia's NLB bank Q1 net profit falls by 29 pct

LJUBLJANA, May 24 (Reuters) - Slovenia’s largest bank, state-owned Nova Ljubljanska Banka (NLB), made a group net profit of 57.7 million euros ($67.64 million) in the first quarter of 2018, down from 81.6 million a year ago, the bank said in a report on Thursday.

It added balance sheet assets increased by 3 percent year-on-year to 12.4 billion euros. The bank is expected to be privatised later this year or next year. ($1 = 0.8530 euros) (Reporting by Marja Novak Editing by Alexandra Hudson)

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