Two Banks Fail Stress Tests but Taxpayers Safe

Ljubljana, 26 October - The two largest Slovenian banks, the state-owned NLB and NKBM, narrowly failed European Central Bank (ECB) stress tests designed to check banks' resilience to economic shocks. However, the shortfall is small and the banks will be able to offset it with retained profit, without requiring public funds.

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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