NLB AGM to Discuss Recapitalisation Deemed Unnecessary by Govt

Ljubljana, 29 December - The shareholders of Slovenia's largest state-owned bank NLB will meet on Saturday to discuss a EUR 375m recapitalisation proposed by the supervisory board in November. The meeting will come a day after the government decided to buy a 22% stake in the bank from Belgian KBC financial group and said a recapitalisation is not yet needed.