Bad banks

The Bank Assets Management Company (BAMC), Slovenia’s bad bank, will be wounded up come the new year, less than a decade after playing a key role in a major bank bailout. Its remaining assets, estimated at half a billion euros, will be transferred to Slovenian Sovereign Holding (SSH), the state assets custodian.

The Turkish private sector's outstanding loans received from abroad continued to drop in October from end-2018, the country's Central Bank announced on Dec. 16. 

The European Commission approved on Thursday a Greek plan to reduce bad loans by up to 30 billion euros ($33.04 billion) at the country's banks, as expected, saying it did not violate state aid rules.

Talks between the government and the European Commission's Directorate-General for Competition about banks' bad loans will begin next week.
The Greek proposal involves creating an asset protection vehicle where 16 billion euros' worth of bad loans will be transferred and guaranteed by the state.

Addiko Bank emerged from the bankrupt Austrian Hypo Alpe Adria bank, whose Balkan network of branch offices was sold to the Advent investment group and the European Bank for Reconstruction and Development in 2014.Quoting reports by business

After four years of announcements and negotiations with the country's creditors, the bill for the creation of the Hellenic Development Bank was put up for public consultation this week.