Bad Bank Spent EUR 3.6M on Consultancy Services in 2013

Ljubljana, 6 February - The Bank Asset Management Company (BAMC) defended on Thursday the hefty contracts it has signed with various consultancy firms, saying that their services have been essential for its operations. Consultancy costs for BAMC last year stood at EUR 3.6m, while the bad bank will spend another EUR 15m in the next two years for its work.

Ljubljana
Representatives of the Bank Asset Management Company (BAMC), the bad bank, speaking about its current activities
Photo: Nebojša Tejić/STA

Ljubljana
Representatives of the Bank Asset Management Company (BAMC), the bad bank, speaking about its current activities
Photo: Nebojša Tejić/STA

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