NOVA KREDITNA BANK MARIBOR D.D. - Moody?s revised the current ratings of Nova KBM (17/2012)

NOVA KREDITNA BANK MARIBOR D.D. - Moody?s revised the current ratings of Nova KBM (17/2012)

26.04.2012 08:44

POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No 17 / 2012
Date of issue: 2012-04-26
Short name of the issuer
NOVA KREDITNA BANK MARIBOR D.D.
Subject
Moody?s revised the current ratings of Nova KBM
Official market - legal basis
Art. 56 ust. 1 pkt 1 Ustawy o ofercie - informacje poufne
Unofficial market - legal basis
Contents of the report:
In compliance with the Stock Exchange Rules and the applicable legislation, Nova KBM d.d., Maribor, hereby makes the following announcement: On 25 April 2012, Moody's Investors Service downgraded the ratings of Nova KBM from Ba1/Non-Prime/D- to Ba2/Non-Prime/E+. Nova KBM was assigned a long-term and a short-term bank deposit rating of Ba2 and Non-Prime, respectively. The Bank?s financial strength rating was affirmed at E+. The outlook is negative. Moody's Investors Service has downgraded Nova KBM rating due to sharp asset-quality deterioration in the banks? loan portfolios and high provisioning needs that have eroded the capital buffers and loss-absorption capacity. This announcement will be available on the Bank's website (www.nkbm.si) as from 25 April 2012.
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

SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2012-04-26 Aleš Hauc President of management board

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY

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