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State Funds Inject EUR 61M into NLB

Ljubljana, 2 July - The state-run funds KAD and SOD completed on Monday the first part of the EUR 381m recapitalisation of the NLB, injecting a total of EUR 61m of equity into the state-owned bank. The move opens the door for the second part of the recapitalisation as part of which the state will provide a hybrid loan to shore up the bank's capital ratio.

Nova Ljubljanska banka, Slovenia's largest bank.
Photo: Daniel Novakovič/STA

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