EBRD Does Not Intend to Sell its Holding in Slovenia's SKB Bank

Ljubljana, 16 March - BANKS/EBRD/SKB
The European Bank for Reconstruction and Development (EBRD), a major shareholder of Slovenia's SKB Bank, assessed Tuesday that SKB Bank conducted its business well and adequately, given the situation on the Slovene market. In a statement issued a day after the SKB Bank supervisory board dismissed Ivan Nerad from the post of chairman of the administrative board, the EBRD denied rumours that it had been planning to sell its stake in SKB Bank.