29 May 2020 16:31
RNS Number : 4078O
Nova Ljubljanska Banka d.d.
29 May 2020
Date: 29 May, 2020
NLB and KBC have completed the sale of NLB Vita
Pursuant to the rules of the Stock Exchanges and the Market in Financial Instruments Act, NLB d.d., Trg republike 2, Ljubljana, makes the following announcement:
On 29 May 2020, having met all the suspensive conditions under the sales agreement of 27 December 2019, NLB d.d. sold its 50% stake in the share capital of NLB Vita d.d. within a joint sale process with KBC.
The long-term bancassurance partnership between NLB Vita and NLB d.d. will continue to develop, as the bank remains the primary sales channel.
Investor Relations
NLB d.d., Ljubljana
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Nova Ljublj. S (NLB)