EBRD Must Seek Central Bank Approval for Qualified Stake in NLB

Ljubljana, 22 October - The European Bank for Reconstruction and Development (EBRD) is expected to purchase an additional 8.7 percent of Nova Ljubljanska banka (NLB), after domestic portfolio investors only submitted bids for 0.3 percent of this largest Slovenian bank. Nine percent of NLB was up for sale to Slovenian investors in what is the second phase of the NLB privatisation.