Bail-Outs: Is Slovenia Next?

Businessn.a. ♦ Published: July 17, 2012; 15:57 ♦ (Vindobona)

The Slovenian banking industry becomes an increasing problem for Austria´s Southern neighbour. Non-performing loans may total up to € 6.0bn.

Bail-Outs: Is Slovenia Next? / Picture: ©

The real estate boom is over. Slovenian banks have a high degree of bad loans in their portfolios. According to the Slovenian government, the biggest bank NLB may have non-performing loans of € 1.5bn. In June, the government granted capital injections of € 380m. Further € 500m may be needed. Now, the government also checks the capital shortfalls of Nova Kreditna Banka Maribor and…