User name
Password

Don't have a user name yet?
Register here.

Help

Bad Bank to Remain in Operation Longer than Expected

Ljubljana, 16 December - The Bank Assets Management Company (BAMC), Slovenia's bad bank, has been set up to operate through 2017, but BAMC officials suggested Monday it could take much longer to dispose of all the non-performing claims the top three banks will transfer onto it.

Ljubljana
The Bank Assets Management Company (BAMC) will take on bad claims worth EUR 4.5bn as a key part of the bank bailout plan.
Photo: Daniel Novakovič/STA

Ljubljana
The Bank Assets Management Company (BAMC) will take on bad claims worth EUR 4.5bn as a key part of the bank bailout plan.
Photo: Daniel Novakovič/STA

Ljubljana
The Bank Assets Management Company (BAMC) will take on bad claims worth EUR 4.5bn as a key part of the bank bailout plan.
Photo: Daniel Novakovič/STA

Ljubljana
The Bank Assets Management Company (BAMC) will take on bad claims worth EUR 4.5bn as a key part of the bank bailout plan.
Photo: Daniel Novakovič/STA

Ljubljana
The Bank Assets Management Company (BAMC) will take on bad claims worth EUR 4.5bn as a key part of the bank bailout plan.
Photo: Daniel Novakovič/STA

Ljubljana
The Bank Assets Management Company (BAMC) will take on bad claims worth EUR 4.5bn as a key part of the bank bailout plan.
Photo: Daniel Novakovič/STA

The rest of this news item is available to subscribers.
The news item consists of 1.185 characters (without spaces) or 247 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

sm/bdo/jes/zm
© STA, 2013