Slovenian Banka Celje Needs Further State Aids

Politics ♦ Published: May 2, 2014; 15:57 ♦ (Vindobona)

Because of the failed capital increase in the amount of € 160m, Banka Celje is requiring further state capital.

Slovenian Banka Celje will need another aid package. / Picture: ©

On Wednesday Banka Celje announced that it sent a request for further state aids and a restructuring plan to the Slovenian national bank. In case the restructuring plan was given green light, approval by the authorities in Brussels is required.

According to media reports, unlike with the three biggest financial institutes in the country, not all junior bonds of the ailing bank…