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NKBM Gets Approval to Acquire Majority Stake in Insurer

Ljubljana, 12 October - The insurance regulator has allowed Slovenia's second-largest bank, NKBM, to increase its ownership stake in insurer Zavarovalnica Maribor beyond 50%. NKBM is currently in talks with reinsurer Sava Re, a 46% owner of Zavarovalnica Maribor, on acquiring shares in the insurer.

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