This report does not constitute a rating action. ALAC--Additional loss-absorbing capacity. CRA--Comparable ratings analysis. GRE--Government-related entity. ICR--Issuer credit rating. SACP--Stand-alone credit profile. Overview Key strengths Key risks Strong capitalization supported by robust earnings generation capacity. Low market share in Slovenia limits competitive positioning against bigger banks. Solid deposit franchise in core regions with sound bank-wide liquidity buffers. High concentration in small and medium-sized enterprise (SME) lending and a regional focus. Vulnerabilities with regards to digital capabilities compared to larger peers. GB is a relatively small-sized bank in Slovenia. It has an asset base of €2.7 billion as of mid-year 2025 and mainly caters to the SME sector and leasing clients. The bank's operations are largely concentrated in two Slovenian regions,
