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Hospital bank to abandon debt tenders

Slovenská Konsolidačná, a hospital bank charged with selling off bad loans cut out of three state banks, has decided to abandon sales of receivables through tenders, and to find a strategic partner for disposing of the bad credits.
The bank now has Sk77 billion in loans remaining from the original Sk100 billion total.

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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