LJUBLJANA (Slovenia), September 18 (SeeNews) – Slovenia's ‘bad bank’, the Bank Assets Management Company (DUTB), invited binding bids on Tuesday for the purchase of 94.4 million euro ($110.4 million) of overdue claims held against 53 legal entities.
The claims arise from loans, financial leasing contracts, guarantees and bank accounts of debtors who are mostly in bankruptcy, DUTB said in a statement.
Some of the claims are insured by pledge of collateral or real estate assets.
The deadline for the submission of bids is November 5.
DUTB was established in March 2013 as a government-owned company with the aim of facilitating the restructuring of local banks facing severe solvency and liquidity problems.
($=0.854923 euro)