09. 10. 2024.
Our bank ad Banja Luka (a member of the Galens Group) has set a new standard of quality in the domestic financial sector as the first and only bank with domestic capital in Bosnia and Herzegovina to secure a valid international credit rating, obtained from the renowned agency S&P Global Ratings. The rating “B-/B with stable outlook” is not just a formal assessment – it is an expert and substantive confirmation of the Bank’s stability, responsible business operations and transparency in a challenging environment.
This prestigious rating comes after detailed and rigorous reviews conducted by S&P Global Ratings, a global agency known for its strictest industry criteria. Namely, S&P Global Ratings is one of the three leading global credit rating agencies, along with Moody's and Fitch Ratings. It rates a wide range of entities around the world, including sovereign states (USA, Germany, Japan, Brazil…), companies (Apple, Microsoft, Coca-Cola…), financial institutions (Deutsche Bank, HSBC, Bank of America…), utilities and energy companies, funds and securities, etc.
S&P Global Ratings has recognized Naša banka as a stable institution that maintains a high level of liquidity, practices responsible risk management, and develops digitalization and other models and procedures for market-oriented operations, which is crucial for success in economies such as Bosnia and Herzegovina.
Reputation without compromise
One of the key points of the S&P report highlights the professional attitude and business commitment of Our bank to recognize and refrain from entering into compromising business relationships, which contributes to its reputational stability. In this way, as stated in the report, the Bank maintains strict risk management standards, reducing the potential impact of political and market factors. S&P notes that the Bank carefully manages relationships with entities to avoid any influence that could threaten its reputation, and confirms the importance of maintaining this independence in order to reduce reputational risks.
Portfolio quality and growth plans
According to the S&P Global Ratings report, Our bank stands out for its careful credit risk management, an area in which it managed to significantly reduce the level of non-performing loans between 2020 and 2023, from 21.1 percent to 5.5 percent. This progress is accompanied by high liquidity, with liquid assets covering 37 percent of the bank's total assets, which is above the average for the domestic banking sector. A stable deposit base provides additional security, with 70 percent of deposits coming from local citizens, representing a stable source of funding.
Digitalization and the future
Plans for further digitalization and expansion of services in the retail segment were also positively assessed, as they indicate an increase in the bank's efficiency and profitability in the future.
The acquired international rating further strengthens the position of Naša banka ad Banja Luka, which thus proves that domestic financial institutions, with responsible management and a high level of transparency, can reach the highest international standards. This rating is not only a confirmation of the bank's current situation, but also a message that Naša banka continues to build its future on the foundations of stability, ethics and professionalism, without political influence and risk. The trust that comes with this rating further strengthens the bank's position on the domestic and international market, which is especially important for clients and investors looking for a stable and reliable partner in the world of finance.
Our bank has a network of 30 branches. With its operations, it covers almost the entire area of Republika Srpska, from Banja Luka to East Sarajevo. Our goal is the constant expansion of the business system, as a function of the best possible quality of our services and the greatest possible availability to clients.
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