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MPs Pave Way for Recapitalisation of NLB

Ljubljana, 15 June - Lawmakers passed controversial changes to the banking act Friday to enable the state-owned NLB bank to raise its capital adequacy to the required level by means of temporary convertible bonds. MPs moreover backed the transfer of power to manage state shareholdings in banks from the Capital Assets Management Agency (AUKN) to the government.

Ljubljana
Finance Minister Janez Šušteršič attends the session of parliament deciding on changes to the banking act.
Photo: Stanko Gruden/STA

Ljubljana
Finance Minister Janez Šušteršič attends the session of parliament deciding on changes to the banking act.
Photo: Stanko Gruden/STA

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