Article Tools

Banking Sector: Pressure on Slovenia Grows

Published: October 29, 2013; 06:56 · (Vindobona)

The IMF calls Slovenia to re-capitalize the banking sector immediately. However, Slovenia´s financial situation is already more than tense.

Banking Sector: Pressure on Slovenia Grows / Picture: © European Commission

According to the head of the IMF delegation in Slovenia, the country has to solve the issue as soon as possible. The non-performing loan portfolio held by the Slovenian banking sector is expected to range between € 7.0bn and € 10bn. This is about a quarter of the country´s GDP. In summer, about 20% of the loan portfolio were classified as risky. Next month, the results of the bank…

This article includes a total of 362 words.

or Log In

Fast News Search
Related News
Hypo Group to Create Bad Bank (October 26, 2013)
Slovenia: NPC Increase to Above 17 Percent (October 25, 2013)
Public Debt: CESEE Countries Below EU Average (October 23, 2013)
“Problems in the CESEE Region Are Mainly Fundamental” (October 18, 2013)
IMF Warns of Financial Instability in CESEE (October 18, 2013)
Read More
Banking Industry, Slovenia, IMF International Monetary Fund, NLB Nova Ljubljanska Banka, NKBM, Lending, Capital Markets, ESM, Bond Market, Fiscal Policy, Budget Deficit, Public Debt
Featured
Updated Directory of Foreign Ambassadors in Austria 2019
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter