Ex-Central Bankers Suggest System to Blame for High Leverage

Ljubljana, 10 December - Two former governors argued that the central bank did not have direct control over lending by individual banks and had not failed in oversight as the parliamentary inquiry looking into reasons for the high level of bad loans at Slovenian banks began to hear witnesses on Tuesday.

Ljubljana
Former central bank governor Marko Kranjec is quizzed by a parliamentary inquiry commission looking into abuse in Slovenia's banks.
Photo: Nebojša Tejić/STA

Ljubljana
Former central bank governor Mitja Gaspari is quizzed by a parliamentary inquiry commission looking into abuse in Slovenia's banks.
Photo: Nebojša Tejić/STA

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Dec 10, 2013, 20:55 ep/mas