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Irish fund looking to acquire Slovenian savings bank

Ljubljana, 6 July - Kylin Prime Group, a Chinese-backed fund registered in Ireland, is looking to acquire a majority stake in Hranilnica Lon, a small savings bank that is in the process of transformation into a bank. According to business newspaper Finance, the goal of the investors is to obtain a banking licence for the EU.

The logo of Hranilnica Lon, a savings bank.
Photo: Tamino Petelinšek/STA

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