Bad Bank Had Bad First Year

Ljubljana, 10 May - The Bank Asset Management Company (BAMC) ended 2013, its first year of operation, with a net loss of almost EUR 82m due to impairments on toxic assets that were transferred from NLB and NKBM banks.

Ljubljana The logo of Bank Asset Management Company. Photo: Tamino Petelinšek/STA

Ljubljana
The logo of Bank Asset Management Company.
Photo: Tamino Petelinšek/STA

The rest of this news item is available to subscribers.
The news item consists of 500 characters (without spaces) or 103 words words.

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

sm/bdo/ep
© STA, 2014