Governor Kranjec Sceptical about Plans for Bad Bank

Ljubljana, 10 July - Central bank Governor Marko Kranjec does not agree with the government's plans to set up a sovereign wealth holding that would also act as a bad bank. "As we understand the government's plans, this holding would be a banking organisation. But we think it should be an [asset] management organisation," he told RTV Slovenija on Monday.

Ljubljana Central bank Governor Marko Kranjec is not happy with govt's plan for a sovereign holding to act like a bank. Photo: Tamino Petelinšek/STA

Ljubljana
Central bank Governor Marko Kranjec is not happy with govt's plan for a sovereign holding to act like a bank.
Photo: Tamino Petelinšek/STA

The rest of this news item is available to subscribers.
The news item consists of 727 characters (without spaces) or 149 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

sm/mas
© STA, 2012