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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).

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

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