NKBM Makes EUR 65m with Sale of Zavarovalnica Maribor
Maribor, 11 December - The troubled NKBM bank sold its 50.99% stake in insurer Zavarovalnica Maribor for EUR 65m to reinsurer Sava Re and the state-owned SOD fund under an agreement signed on Tuesday that provides a much-needed boost to its balance sheet.
Maribor
NKBM bank sells its 51% stake in insurer Zavarovalnica Maribor to reinsurer Sava Re and the state-owned SOD fund.
Photo: Daniel Novaković/STA
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