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Bail-Outs: Is Slovenia Next?
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: © Vindobona.org
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…
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