Fitch Downgrades Slovenian Banks

Business › n.a. ♦ Published: August 10, 2012; 15:13 ♦ (Vindobona)

The U.S. rating agency downgrades the lown-term ratings of major Slovenian banks. The outlook is negative for all of them.

Fitch Downgrades Slovenian Banks / Picture: © Vindobona.org

Bad news for the Slovenian banking sector do not come to an end. Yesterday, Fitch downgraded ratings of NLB (Nova Ljubljanska Banka), NKBM (Nova Kreditna Banka Maribor), Abanka Vipa, Gorenjska banka, Banka Celje and Probanka.

NLB´s and NKBM´s ratings were reduced from “BBB” to “BBB-“. Fitch states that NLB and NKBM have a capital shortfall of € 1.5bn. Abanka Vipa was…

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