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State to Sell NLB Stock When Situation Improves

Ljubljana, 31 March - The state bought up almost the entire EUR 250m issue of new shares of NLB bank in the recent capital raising and its total holding will increase well beyond the current 33.1%. But Finance Minister Franc Krizanic said Thursday that "excessive stock" will be sold off when the bank's operations improve.

Ljubljana
Finance Minister Franc Krizanic addressing the press after a government session.
Photo: Tamino Petelinsek/STA

Ljubljana
Finance Minister Franc Krizanic addressing the press after a government session.
Photo: Tamino Petelinsek/STA

Ljubljana
Finance Minister Franc Krizanic addressing the press after a government session.
Photo: Tamino Petelinsek/STA

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