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Weekly Review of Slovenia's Economic Activities from 22 February through 1 March

Ljubljana, 1 March - At its latest session on 20 February, the executive board (UO) of the Slovene Agency for Rehabilitation of Banks and Saving Banks passed the Nova Ljubljanska Banka (NLB) final report on rehabilitation and the proposal to quit rehabilitation that will be submitted to the Bank of Slovenia to be examined. A draft report was discussed and adopted by UO already last November, but NLB management still had to prepare an adaptation programme to article 28 of Bank Bill, which was the only unfulfilled criteria for the bank to end the rehabilitation. Article 28 restricts bank investments in capital assets and capital. The Bank of Slovenia will now be able to decide whether the rehabilitation procedure could stop.

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