Minister: KBC to Get 33.9% Stake in NLB after Recapitalisation

Ljubljana, 28 June - The Belgian financial group KBC will invest EUR 61m in the NLB bank to increase its stake from 25% to 33.9%, while the state, which will help recapitalise NLB with a EUR 320m hybrid loan, will retain over 50% stake in the bank, Finance Minister Janez Šušteršič told the press on Thursday.

Ljubljana Finance Minister Janez Šušteršič speaks to the press about the recapitalisation of the NLB bank. Photo: Nebojša Tejić/STA

Ljubljana
Finance Minister Janez Šušteršič speaks to the press about the recapitalisation of the NLB bank.
Photo: Nebojša Tejić/STA

Ljubljana Finance Minister Janez Šušteršič speaks to the press about the recapitalisation of the NLB bank. Photo: Nebojša Tejić/STA

Ljubljana
Finance Minister Janez Šušteršič speaks to the press about the recapitalisation of the NLB bank.
Photo: Nebojša Tejić/STA

Ljubljana Finance Minister Janez Šušteršič speaks to the press about the recapitalisation of the NLB bank. Photo: Nebojša Tejić/STA

Ljubljana
Finance Minister Janez Šušteršič speaks to the press about the recapitalisation of the NLB bank.
Photo: Nebojša Tejić/STA

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