Slovenia's Nova Ljubljanska Banka not to find buyer this year?

Janko Medja, head of Nova Ljubljanska Banka (NLB), told Reuters in an interview earlier on Friday that NLB's internal evaluations put the cost of recapitalizing the top three Slovenian banks at around 1 billion euros, but added he did not think NLB would be ready for sale this year.

Slovenian Prime Minister Alenka Bratusek has stated that the government will send a proposal for the privatization of one or two large state-owned companies to the parliament within the next 14 days, SeeBiz web portal reports.

She would like one of these two companies to be a bank as that would be a good signal for financial markets.

NLB's Medja told Reuters his bank would need a capital hike of 375 million euros this year as forecast, though did not exclude the possibility that sum could rise if regulators increased capital demands or restructuring was slower than planned.