Bad bank reports record yield in 2018

Ljubljana, 15 July - The Bank Asset Management Company (BAMC), managing more than EUR 800 millions in assets, generated EUR 57.7 million in profit after tax last year and EUR 228 million in turnover, according to an audited annual business report released on Monday. The bad bank's capital gains yield reached a record 28.8%, far over the required 8%.

Logo of the Bank Assets Management Company (BAMC), whose Slovenian acronym is DUTB.
Photo: Tamino Petelinšek/STA -
File photo

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