LJUBLJANA, Feb 22 (Hina) - The information that the Belgian KBC bank, in negotiating the purchase of one third of Nova Ljubljanska Banka (NLB) shares, demands state guarantees for the previous Ljubljanska Banka's unpaid foreign
deposits are false, a Maribor daily writes on Friday, adding these rumours were initiated by Slovene interest circles who want to prevent the sale of the biggest Slovene bank to a foreign strategic investor. The Vecer daily in its Friday edition quotes an unnamed source close to Slovene negotiators who have announced that 34 percent of NLB will be sold to the Belgian bank by the end of next month. "In the negotiations the KBC does not at all demand guarantees for old Ljubljanska Banka deposits and accepts the decision under which the NLB was established in 1994 by a constitutional law", the daily's source said and added some circles did not want the sale of the bank. Zmago Jelincic's Slovene Natio
LJUBLJANA, Feb 22 (Hina) - The information that the Belgian KBC
bank, in negotiating the purchase of one third of Nova Ljubljanska
Banka (NLB) shares, demands state guarantees for the previous
Ljubljanska Banka's unpaid foreign deposits are false, a Maribor
daily writes on Friday, adding these rumours were initiated by
Slovene interest circles who want to prevent the sale of the biggest
Slovene bank to a foreign strategic investor.
The Vecer daily in its Friday edition quotes an unnamed source close
to Slovene negotiators who have announced that 34 percent of NLB
will be sold to the Belgian bank by the end of next month.
"In the negotiations the KBC does not at all demand guarantees for
old Ljubljanska Banka deposits and accepts the decision under which
the NLB was established in 1994 by a constitutional law", the
daily's source said and added some circles did not want the sale of
the bank.
Zmago Jelincic's Slovene National Party (SNS) on Thursday demanded
the resignation of the Finance Minister, Anton Rop, due to what the
SNS calls big mistakes in the financial reorganisation of
Ljubljanska Banka and the intention to sell it to Belgians.
The president of the SNS bench, Saso Pece, said that by agreeing to
state guarantees for foreign currency savings Croatian depositors
made with Ljubljanska Banka at the time of the ex-Yugoslavia, Rop
has given in to the Belgians and practically confirmed the NLB's
commitment, which the government's official policy has been
refusing thus far.
The Vecer daily writes the Slovene official standpoint is that
guarantors for the old foreign currency savings disappeared with
the break up of the former Yugoslavia, and that the majority of the
deposits were used according to the "territorial principle", that
is, in places with offices of the old Ljubljanska Banka.
(hina) np sb