U.S.-based investment advisory firm Brandes Investment Partners has expanded its ownership in Slovenia’s leading financial institution, Nova Ljubljanska Banka (NLB). The firm crossed the 5% ownership threshold on December 3, according to a filing by NLB to the Ljubljana Stock Exchange. Details regarding the specific transaction were not disclosed.

NLB’s Regional Presence

Nova Ljubljanska Banka operates across several countries in the region, including:

• Bosnia and Herzegovina

• North Macedonia

• Kosovo

• Serbia

• Montenegro

• Croatia

This broad operational footprint underscores NLB’s role as a key player in southeastern Europe’s banking sector.

Market Reaction

Following the announcement, NLB’s shares rose 0.38% on Monday morning, trading at 132.50 euros ($140) on the Ljubljana Stock Exchange. This slight uptick reflects positive investor sentiment in response to Brandes Investment’s increased stake.

About Brandes Investment Partners

Brandes Investment Partners is a globally recognized investment advisory firm specializing in value investing. The firm’s decision to raise its stake in NLB highlights confidence in the bank’s financial stability, regional strategy, and growth potential.

Implications of the Increased Stake

The increased ownership signals Brandes Investment Partners’ long-term commitment to NLB and the broader southeast European financial market. This strategic move aligns with growing investor interest in the region’s banking sector, driven by expanding economies and increasing financial integration within the European Union.

Future Outlook

As one of the largest lenders in southeastern Europe, NLB is poised to benefit from continued economic growth in its operational markets. The increased stake by Brandes Investment Partners may further enhance confidence in NLB’s strategic initiatives and its ability to deliver value to shareholders.