...May 17, 2019 OVERVIEW - We believe industry risks in Slovenia's banking system have decreased because of the state's reduced ownership of banks, and stronger banking supervision. - In our view, the banking sector's risk profile is now more similar to that of eurozone peers. - We are therefore raising our ratings on Nova Ljubljanska Banka D.D. (NLB) to '###-/A-3' from '##+/B' and affirming our '###/A-2' resolution counterparty ratings. - The outlook is stable because we anticipate a benign risk environment in NLB's operating regions over the next 12-24 months, and that NLB's operational plans will be successful. RATING ACTION OVERVIEW FRANKFURT (S&P Global Ratings) May 17, 2019--S&P Global Ratings said today that it has raised its long- and short-term issuer credit ratings on Slovenia-based Nova Ljubljanska Banka D.D. (NLB) to '###-/A-3' from '##+/B'. The outlook is stable. We also affirmed our '###/A-2' long- and short-term resolution counterparty ratings on the bank. RATIONALE The upgrade...
