Bad Bank Reports EUR 36M Profit for 2014

Ljubljana, 5 August - The Bank Asset Management Company (BAMC), Slovenia's bad bank, reported on Wednesday a net profit of EUR 36m for 2014, which comes after a EUR 5.8m loss in 2013. BAMC generated EUR 129.4m in revenue, which is 11.5% of the total assets it has been given to manage until 2022.

Ljubljana The logo of the Bank Asset Management Company. Photo: Nebojša Tejić/STA

Ljubljana
The logo of the Bank Asset Management Company.
Photo: Nebojša Tejić/STA

The rest of this news item is available to subscribers.
The news item consists of 1.809 characters (without spaces) or 374 words words.

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

gz/sm
© STA, 2015