Slovenian Banking Industry „One of the most Burdened in CEE Region“

BusinessEconomy ♦ Published: July 18, 2012; 19:08 ♦ (Vindobona)

About 11.5% of total loans are non-performing. Slovenia is one of the few countries suffering a crunch, RCB states.

Slovenian Banking Industry „One of the most Burdened in CEE Region“ / Picture: © Vindobona.org

The Slovenian banking sector took a massive hit during the crises in recent years, suffering from an ailing corporate and construction sector as well as asset quality and funding problems at certain banks. The government had to take action to stabilise the sector with capital injections at the largest banks and placing deposits in the banking sector (compensation for deposit outflows,…