Govt issues guarantee for EUR 520m loan for bad bank

Ljubljana, 7 December - The government on Wednesday issued a state guarantee for two loans to be taken out by the Bank Asset Management Bank (BAMC) to refinance its obligations stemming from the bank rescue operation. BAMC will borrow EUR 150m from Erste Group and EUR 370m from a syndicate of Slovenian banks.

The logo of the Bank Asset Management Company
Photo: Tamino Petelinšek/STA
File photo

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