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NKBM completes Abanka takeover, integration due this year

Ljubljana, 5 February - NKBM, Slovenia's second largest bank, has formally completed its takeover of Abanka by transferring the EUR 444 million purchase consideration to the state. The two banks will be merged into a single legal entity this year, creating a strong rival to market leader NLB.

Brdo pri Kranju
NKBM chairman John Denhof.
Photo: Bor Slana/STA

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