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Ex-Merkur CEO: Banks Used to Give Loans Willingly

Ljubljana, 8 May - Coming straight from prison, the former chairman of the hardware retail chain Merkur Bine Kordež told the parliamentary banks inquiry on Thursday that businessmen had no need for political leverage to get loans when the economy was booming as banks were willing to give loans under terms unacceptable today.

Ljubljana
Bine Kordež, former CEO of hardware retailer Merkur, testifies before the parliamentary inquiry into bank loan abuse.
Photo: Anže Malovrh/STA

Ljubljana
Bine Kordež, former CEO of hardware retailer Merkur, testifies before the parliamentary inquiry into bank loan abuse.
Photo: Anže Malovrh/STA

Ljubljana
Bine Kordež, former CEO of hardware retailer Merkur, testifies before the parliamentary inquiry into bank loan abuse.
Photo: Anže Malovrh/STA

Ljubljana
Bine Kordež, former CEO of hardware retailer Merkur, testifies before the parliamentary inquiry into bank loan abuse.
Photo: Anže Malovrh/STA

Ljubljana
Bine Kordež, former CEO of hardware retailer Merkur, testifies before the parliamentary inquiry into bank loan abuse.
Photo: Anže Malovrh/STA

Ljubljana
Bine Kordež, former CEO of hardware retailer Merkur, testifies before the parliamentary inquiry into bank loan abuse.
Photo: Anže Malovrh/STA

Ljubljana
Bine Kordež, former CEO of hardware retailer Merkur, testifies before the parliamentary inquiry into bank loan abuse.
Photo: Anže Malovrh/STA

Ljubljana
Bine Kordež, former CEO of hardware retailer Merkur, testifies before the parliamentary inquiry into bank loan abuse.
Photo: Anže Malovrh/STA

Ljubljana
Bine Kordež, former CEO of hardware retailer Merkur, testifies before the parliamentary inquiry into bank loan abuse.
Photo: Anže Malovrh/STA

Ljubljana
Bine Kordež, former CEO of hardware retailer Merkur, testifies before the parliamentary inquiry into bank loan abuse.
Photo: Anže Malovrh/STA

Ljubljana
Bine Kordež, former CEO of hardware retailer Merkur, testifies before the parliamentary inquiry into bank loan abuse.
Photo: Anže Malovrh/STA

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