LJUBLJANA (Slovenia), February 2 (SeeNews) – Slovenia's ‘bad bank’, the Bank Assets Management Company (DUTB), invited binding bids on Friday for the purchase of 11.8 million euro ($14.7 million) of claims held against Montenegrin specialised wholesaler Elektrotehna.
DUTB intends to sell off a bundle of claims held against Elektrotehna, including accrued court fees, interest and accessory rights, the 'bad bank' said in a statement.
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The deadline for the submission of bids is May 3.
DUTB was established in March 2013 as a government-owned company with the aim of facilitating the restructuring of local banks facing severe solvency and liquidity problems.
($=0.800402 euro)