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Banka Celje Aims Reached

Celje, 6 January - BANK/MERGER/CELJE/NLB
Banka Celje and Nova Ljubljanska banka (NLB) signed a contract on strategic and business co-operation on 10 May 1999, in accordance with the Slovene strategy on bank co-operation. The contract covers key fields of harmonisation which would be of positive effect to both banks. Banka Celje operations have adapted to the new banking and foreign currency legislation and have acclimatised to the new value added tax system. With rapid adaptation on the financial market, banka Celje managed to exceed planned total assets by six percent. After the review of operations for 1999 the bank is expecting the gross profit to match expectations.

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