Slovenians buy Kosovo bank

Slovenians buy Kosovo bank

According to NLB, the Priština-based Kasabank is the third-largest bank in the province. Established in 2002, it boasted total assets of EUR 128.6m at the end of 2006 and commanded 12.3 percent of the market.

The NLB Group comprises 58 companies on 18 European markets, of which 15 are banks, 11 leasing companies, 11 factoring companies, four insurance companies, one asset management firm and 16 other firms.

The group posted pre-tax profits of EUR 150.7m for 2006, up 43 percent year-on-year. Total assets increased 16 percent to EUR 14.4bn.