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Slovenia to Inject Further Money in NLB
Politics ♦
Published: November 29, 2012; 22:41 ♦ (Vindobona)
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The biggest Slovenian banking group NLB records a capital shortfall of € 375m. Risky loans reach more than € 1.5bn.
Slovenia to Inject Further Money in NLB / Picture: © Vindobona.org
The financial situation of NLB worsens persistently. As the capital shortfall comes at € 375m, the Slovenian state must inject further funds into the bank. The capital increase is planned by 29 December. After the capital increase, the minimum equity requirement of 9.0% will be achieved. Already in August, the Slovenian government had to inject more than € 380m into NLB.
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