NOVA KREDITNA BANK MARIBOR D.D. - Moody?s changes the ratings of Nova KBM d.d. (9/2013)

| | POLISH FINANCIAL SUPERVISION AUTHORITY | | | | | | | | | | |
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| | | | | UNI - EN REPORT No | 9 | / | 2013 | | | | |
| | Date of issue: | 2013-03-26 | | | | | | | | | |
| | Short name of the issuer | | | | | | | | | | |
| | NOVA KREDITNA BANK MARIBOR D.D. | | | | | | | | | | |
| | Subject | | | | | | | | | | |
| | Moody?s changes the ratings of Nova KBM d.d. | | | | | | | | | | |
| | Official market - legal basis | | | | | | | | | | |
| | Unofficial market - legal basis | | | | | | | | | | |
| | Contents of the report: | | | | | | | | | | |
| | In compliance with the Ljubljana Stock Exchange Rules and the applicable legislation, Nova KBM d.d., Maribor, hereby makes the following announcement: On 25 March 2013 Moody's Investors Service downgraded Nova KBM?s long-term deposit rating to Caa2 from B3, with a negative outlook. The junior subordinate ratings were downgraded to C(hyb) from Caa3(hyb). Nova KBM?s standalone E bank financial strength rating (BFSR) has been affirmed. In addition, Moody?s lowered the bank?s baseline credit assessment (BCA) to caa3 from caa1 within E standalone BSFR. The downgrades were prompted by Moody's assessment that NKBM?s credit profile has been further weakened by (i) the necessity of a further capital injection to maintain capital adequacy above the European Banking Authority?s (EBA) regulatory guidelines; ii) sizeable provisioning needs undermining its already weak capital base; and iii) the expectation of further deterioration in asset quality given the weak economic trends and difficulties in Slovenia?s
highly-leveraged corporate sector. This notice will be publicly available on the Bank?s website (www.nkbm.si) from 26 March 2013, for at least five years. | | | | | | | | | | |
| | Annexes | | | | | | | | | | |
| | File | Description | | | | | | | | | |

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY

| | | NOVA KREDITNA BANKA MARIBOR D.D. | | | | | |
| --- | --- | --- | --- | --- | --- | --- | --- |
| | | (fullname of the issuer) | | | | | |
| | | NOVA KREDITNA BANK MARIBOR D.D. | | Banki (ban) | | | |
| | | (short name of the issuer) | | (sector according to clasification of the WSE in Warsow) | | | |
| | | 2505 | | Maribor | | | |
| | | (post code) | | (city) | | | |
| | | Vita Kraigherja | | 4 | | | |
| | | (street) | | (number) | | | |
| | | +386 2 229 22 90 | | +386 2 229 43 33 | | | |
| | | (phone number) | | | (fax) | | |
| | | (e-mail) | | | (web site) | | |
| | | SI94314527 | | 586058000 | | | |
| | | (NIP)
| | | (REGON) | | |

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY