Stress Tests Show No Public Funds Needed to Prop Up Banks
Ljubljana, 26 October - The two largest Slovenian banks failed European Central Bank (ECB) stress tests, but central bank officials and bank executives pointed out Sunday that no additional taxpayer funds would be needed to shore up the banks' capital bases, though immediate action is still necessary to return the real economy on a growth path.
Ljubljana
Central bank governor Boštjan Jazbec (pictured) comments on the results of ECB stress tests flanked by bank bosses, including the CEO's of NLB and NKBM, which narrowly failed the stress tests but will not require a publicly-funded capital injection.
Photo: Nebojša Tejić/STA
Ljubljana
Janko Medja, the boss of NLB, comments on the results of ECB stress tests which showed NKBM and NLB narrowly failed the exercise but will not require a publicly-funded capital injection.
Photo: Nebojša Tejić/STA
Ljubljana
Aleš Hauc, the boss of NKBM, comments on the results of ECB stress tests which showed NKBM and NLB narrowly failed the exercise but will not require a publicly-funded capital injection.
Photo: Nebojša Tejić/STA
Ljubljana
Top central bank officials comment on the results of ECB stress tests flanked by bank bosses, including the CEO's of NLB and NKBM, which narrowly failed the stress tests but will not require a publicly-funded capital injection.
Photo: Nebojša Tejić/STA
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