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Slovenia accuses Croatia of breaching 2013 bank deal

Slovenia accused Croatia on Tuesday of breaching a deal on bank savings reached by the two governments last year as part of negotiations to clear the way for Zagreb's accession to the EU. A Croatian court on Tuesday ruled in two cases demanding Slovenian Ljubljanska Banka (LB), and its successor Nova Ljubljanska Banka (NLB), repay over 27 million euros ($36 million) of bank savings deposited by Croatian citizens in LB before the collapse of former Yugoslavia in 1991.

Slovenia recapitalises banks following EU green light

Slovenia on Wednesday pumped 2.7 billion euros ($3.7 billion) into the eurozone country's three largest state-owned banks after Brussels approved their recapitalisation. "In coordination with the central bank, Slovenia ensured an adequate capital increase in the (three state-owned) banks," the finance ministry said in a statement. The move is aimed at getting Slovenia's banks, struggling under a mountain of bad debts, lending money to businesses and individuals in order to boost the struggling economy.

Urgent: Slovenia's ailing banks short of 4.78 bln euros: stress tests show

LJUBLJANA, Dec. 12 (Xinhua)-- Eight banks in Slovenia are short of 4.78 billion euros in total, an EU-mandated stress tests showed Thursday. In its official announcement of the tests, the government promised to earmark 3.01 billion euros for the recapitalization of three biggest banks in Slovenia -- Nova Ljubljanska Banka (NLB), Nova Kreditna Banka Maribor (NKBM) and Abanka Vipa.

Slovenia, Croatia expect early settlement of bank dispute

LJUBLJANA, Dec. 5 (Xinhua) -- Parliament leaders of Slovenia and Croatia agreed on Thursday to overcome the dispute of the defunct Slovenian bank Ljubljanska Banka (LB) "as soon as possible." Janko Veber, president of the Slovenian National Assembly, and his Croatian counterpart Josip Leko told reporters that they would prompt their governments to find a solution for the bank dispute. The settlement of open issues will pave the way for better economic cooperation between Croatia and Slovenia, and promote multilateral cooperation in Southeast Europe, Leko noted.

Slovenia's NLB bank posts first-half loss

Slovenia's biggest bank, state-owned NLB, posted a loss of 91 million euros ($121 million) in the first half, owing to write downs and lower revenues from interest rate factors, the bank said on Friday. In the same period last year, NLB had posted a 32.3 million euros profit but by the end of 2012 bad loans pushed it to a loss of 273.5 million euros.

Fitch downgrades five Slovenian banks over delayed measures

The Fitch ratings agency downgraded on Friday five Slovenian banks, including the two largest NLB and NKBM, citing the delay in the implementation of a solution for the eurozone country's wobbly banking system. The country's two largest banks, state owned Nova Ljubljanska Banka (NLB) and Nova Kreditna Banka Maribor (NKBM), saw their rating downgraded to BB- from BBB- rating with a negative outlook.

Slovenian bank NKBM posts big loss for 2012

Slovenia's second largest bank, state-owned Nova KBM, posted on Friday a loss that more than doubled last year to 205.5 million euros ($267 million) from 81.1 million euros in 2011. The heavy setback was "due to the continued worsening situation (of the bank) and further write downs of bad loans," the bank said in a report published on its website. In January, a 100-million-euro state loan allowed Nova KBM to raise its core capital ratio enough to meet stiffer European requirements.

Losses widen at Slovenia's largest bank NLB

Slovenia's largest bank, state-owned NLB, said Monday that losses widened in 2012 and that it needs 400 million euros ($534 million) in fresh capital to meet European regulatory requirements. Nova Ljubljanska Banka (NLB) said that bad loans pushed it to a loss of 273.5 million euros in 2012 compared with a loss of 239 million euros in 2011 and that it expects to be in the red in 2013 too. "The situation in the Slovenian environment and in the bank remain very serious," chief executive Janko Mevlja told journalists.

Losses widen at Slovenia's largest bank NLB

Slovenia's largest bank, state-owned NLB, said Monday that losses widened in 2012 and that it needs 400 million euros ($534 million) in fresh capital to meet European regulatory requirements. Nova Ljubljanska Banka (NLB) said that bad loans pushed it to a loss of 273.5 million euros in 2012 compared with a loss of 239 million euros in 2011 and that it expects to be in the in 2013 too. "The situation in the Slovenian environment and in the bank remain very serious," chief executive Janko Mevlja told journalists.
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