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NLB and KBC examining joint sale of insurer NLB Vita

Ljubljana, 20 August - Slovenia's NLB bank and KBC Insurance, part of Belgium's banking group KBC, are together examining options to sell insurer NLB Vita, the two banks confirmed in response to unofficial media reports on Tuesday. The sale of NLB's insurance arm was a commitment made to the European Commission due the bank's delayed privatisation.

Ljubljana
A NLB branch in the centre of Ljubljana.
Photo: Nebojša Tejić/STA

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