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.