December 30 (SeeNews) - North Macedonia's NLB Banka [MSE:TNB] said that it has signed an agreement for a 15 million euro ($17 million) subordinated loan from its parent company, Slovenian banking group Nova Ljubljanska Banka (NLB) [LJE:NLBR].
NLB Banka will use the funds as additional Tier 2 capital, the North Macedonian lender said in a bourse filing on Wednesday.
Slovenia's NLB holds an 86.97% stake in NLB Banka.
($ = 0.8831 euro)
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