SID Bank to Spend EUR 800m on Economic Recovery in 2011

Ljubljana, 25 January - The state-owned SID export and development bank gave out around EUR 1bn, directly or through commercial banks, in 2010 to boost the economic recovery. It expects to earmark EUR 800m for the cause in 2011, while shifting the focus back on financing development, SID chairman Sibil Svilan said on Tuesday.

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