The costs have been successfully contained, market shares as per balance sheet total, deposits, and loans increased, and net amount of non-performing assets reduced by 31%.

Nova KBM had 9.5% market share at the end of last year, evaluated by balance sheet total, which is 0,2 percentage points more than a year before. The market share at deposits - debts towards other clients and not banks, remained stable, and at the end of last year amounted to 10.1%. The amount related to deposits has increased by more than 2%, and at the end of the year amounted to EUR 2.5 billion.

At the occasion of publishing revised results NKBM added that good results have been obtained especially from crediting general population with preserved 9.8% market share, while the value of the total net lending to population was EUR 772 million.

The return per capital achieved before tax improved in comparison to 2014, and was at the end of last year 7.06 for the bank, and 4.11% for the group. The capital adequacy of the bank was 28.07, and of the group 25.13%.

According to the President of the Management Board Robert Senica the result complies with the plans and estimates for 2015. "The operating result of the entire group, which is somewhat lower than planned, was mostly influenced by the restructuring activities comprising processes of liquidation of leasing companies, or withdrawal of bank activities from minor markets," Senica explained.

Ratings of the bank by Moody's rating agency for last year was improved from the year before, and also in February this year it preserved its bank rating, and thus positive prospects. According to Fitch Ratings the bank rating is considered to have stable outlook.

G. C.; Translated by G. K.