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Slovenia Pushes Forward with Privatizations

People ♦ Published: December 13, 2013; 13:33 ♦ (Vindobona)

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In spite of the capital shortfall of € 4.78bn of the banks in Slovenia, the bank stress test was passed by the financial institutes.

Slovenia Pushes Forward with Privatizations / Picture: © BSI Bank of Slovenia

According to the National Bank of Slovenia and the Finance Ministry, the capital requirement of the assessed banks comes at € 4.78bn. The major share is allocated to the three problem banks, NLB (Nova Ljubljanska Banka), NKBM (Nova Kreditna Banka Maribor) and Abanka Vipa as their capital demand comes at € 3.12bn alone. Since the Slovenian affiliates of Hypo Group Alpe Adira,…