NKBM to Auction Off Merkur-Pledged Gorenjska Banka Shares

Ljubljana, 11 March - The state-owned NKBM bank on Friday announced a public auction to sell 14,000 shares of bank Gorenjska banka which were pledged as loan collateral by the insolvent technical goods trader Merkur. The shares are divided into seven equal blocks (of 2,000), the opening bid being EUR 3.4m per block.