NKBM Capital Hike Shelved Until Next Year
Maribor, 11 December - Shareholders of NKBM, Slovenia's second-largest bank, decided Tuesday to shelve the proposal for a EUR 50m capital increase. The sale of insurer Zavarovalnica Maribor earlier today secured sufficient capital adequacy, rendering recapitalisation unnecessary for the time being.
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
The rest of this news item is available to subscribers.
The news item consists of 1.303 characters (without spaces) or 245 words words.
Buy the news item. Price: 2 tokens; on account: 0 tokens.