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Slovenia Liquidates Two Banks

Published: November 7, 2013; 06:17 · (Vindobona)

The Slovenian National Bank has approved a plan for the liquidation of Factor banka and Probanka. The capital shortfall will reach about 400m, according to estimations.

Slovenia Liquidates Two Banks / Picture: © Flickr

“The special administration of Factor banka and Probanka submitted to the Bank of Slovenia by the required deadline a revised report on the financial position of the banks and proposed measures for the restructuring of the banks, which envisage the gradual winding up of operations (restructuring plan). The Governing Board of the Bank of Slovenia discussed and approved the plan on 5…

This article includes a total of 379 words.

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