The European Bank for Reconstruction and Development (EBRD) has reduced its stake in Nova Ljubljanska Banka (NLB), Slovenia’s largest financial institution. Selling 1 million global depository receipts via the London Stock Exchange, the bank’s holding has slipped from 7.125% to 5.125%.
The move reflects EBRD’s gradual exit strategy after years of supporting NLB’s transformation from a state-owned lender to a modern, competitive bank. For Slovenia’s financial market, the reduced holding signals growing confidence in NLB’s ability to stand independently in a fast-consolidating European banking landscape.