Transfer of Bad Claims Expected to Begin

Ljubljana, 20 December - The first package of toxic assets from the NLB and NKBM banks to the bad bank is expected to be executed on Friday in line with an agreement signed by the Bank Asset Management Company (BAMC) and the country's two biggest bank on Wednesday.

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 859 characters (without spaces) or 171 words words.

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

gz/zm
© STA, 2013