Bank of Slovenia Examines Its Jurisdiction Over Slovene Bank's Foreign Subsidiaries

Ljubljana, 26 September - The Bank of Slovenia Council has established that the supervision of foreign subsidiaries of Slovene banks is in the hands of supervisory authorities in countries where those subsidiaries operate, the central bank council said Wednesday, addressing the recent public stir concerning the operations of two foreign subsidiaries of Nova Ljubljanska banka (NLB), the largest Slovene bank.