LJUBLJANA, March 25 The bad loan rate in
Slovenia's banking sector edged down to 13.2 percent in January,
the Bank of Slovenia said on Tuesday, a day after bank Governor
Bostjan Jazbec quoted a higher figure.
Jazbec said on Monday the proportion of bad loans in the
country's three largest banks, state-owned Nova Ljubljanska
Banka, Nova KBM and Abanka Vipa, was "still big and worrisome"
at about 20 percent.
The central bank said that figure represented only bad loans
extended to companies, which in January amounted to 20.3 percent
of total loans to the corporate sector.
It said January's figures were the most recent available. In
December the overall bad loan rate was 13.4 percent.
The three banks are expected to complete the transfer of a
large chunk of their bad loans to a state-owned bad bank by the
end of April.
Slovenia narrowly avoided an international bailout in
December by pumping some 3.3 billion euros ($45.49 billion) in
its troubled banks, which accumulated a large stock of bad loans
through years of reckless lending.
($1 = 0.7255 Euros)
(Reporting By Marja Novak; editing by Zoran Radosavljevic and