EU Clears Abanka Bailout, Merger with Banka Celje

Brussels, 13 August - The European Commission cleared Wednesday the state bailout of Abanka, Slovenia's third largest bank, paving the way for a second round of recapitalisation and the transfer of toxic loans to the Bank Asset Management Company (BAMC).

Ljubljana The headquarters of Abanka in Ljubljana. Photo: Tina Kosec/STA

Ljubljana
The headquarters of Abanka in Ljubljana.
Photo: Tina Kosec/STA

The rest of this news item is available to subscribers.
The news item consists of 1.467 characters (without spaces) or 280 words words.

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

sm/bdo/zm/zm
© STA, 2014