Belgian Bank KBC Places Binding Bid for Largest Slovene Bank

Ljubljana, 1 January - A binding bid on the purchase of Nova Ljubljanska banka (NLB) from the Belgian bank KBC and a letter of intent from the European Bank for Reconstruction and Development (EBRD) have arrived at the Slovene Finance Ministry by the end of the deadline at midnight on Monday, said the Ministry on Tuesday. The NLB privatisation supervisory commission is to inspect the offers in the next few days.

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