Economist Says Decision to Wind Down Banks Start of Consolidation

Ljubljana, 6 September - Economist Jože P. Damijan welcomed the the central bank's decision to wind down two struggling banks, Factor banka and Probanka, as a "logical and necessary" start of a serious consolidation of the banking system.

Ljubljana Faculty of Economics professor Jože P. Damijan says winding down of Probanka, factor banka, good decision but just the start of serious consolidation of the bank system
Photo: Tamino Petelinšek/STA

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