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SLOVENIA WON'T PUT UP STATE COLLATERAL FOR BANK DEBTS

LJUBLJANA, March 1 (Hina) - Slovenia will not put up state collateral for foreign deposits made with Ljubljanska Banka at the time of the ex-Yugoslavia, Finance Minister Anton Rop told state television on Thursday evening. Rop was commenting on reports that the Belgian bank KBC has made a demand to that effect in order to acquire 34 percent of shares of Nova Ljubljanska Banka. "State collateral is out of the question because of constitutional laws, and possible debts refer to the old Ljubljanska Banka," said the minister. It is estimated the old Ljubljanska Banka owes some EUR150 million, without interest, to around 140,000 Croatian depositors.(hina) ha
LJUBLJANA, March 1 (Hina) - Slovenia will not put up state collateral for foreign deposits made with Ljubljanska Banka at the time of the ex-Yugoslavia, Finance Minister Anton Rop told state television on Thursday evening. Rop was commenting on reports that the Belgian bank KBC has made a demand to that effect in order to acquire 34 percent of shares of Nova Ljubljanska Banka. "State collateral is out of the question because of constitutional laws, and possible debts refer to the old Ljubljanska Banka," said the minister. It is estimated the old Ljubljanska Banka owes some EUR150 million, without interest, to around 140,000 Croatian depositors. (hina) ha

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