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Slovene Bank Obtains Loan of 50 Million Euros

Ljubljana, 25 October - BANKING/SLOVENIA
The Slovene commercial bank Slovenska Komercialna Banka (SKB) and the consortium of 13 foreign banks on Wednesday signed a contract on a long-term syndicated loan of 50 million euros. This is the seventh syndicated loan taken out by SKB on the foreign money market since 1994. The funds will be used for commercial purposes, especially to finance export-oriented Slovene companies, according to SKB.

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