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

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