Banka Celje Nationalised After Nod from EU

Ljubljana/Celje, 16 December - After the European Commission cleared a bailout of Banka Celje, which includes recapitalisation, the transfer of toxic loans to the bad bank and fresh guarantees, Slovenia officially got on Tuesday another in a line of fully nationalised banks. Like in previous cases, the move involves a bail-in of subordinated bondholders.

The rest of this news item is available to subscribers.
The news item consists of 1.345 characters (without spaces) or 265 words words.

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

© STA, 2014