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BUSINESS BRIEFS

SKo rejects offers for bad loans

BAD-LOAN hospital bank Slovenská Konsolidačná has rejected forming a consortium with Deutsche Bank and passing Sk54 billion ($1.2 billion) in bad loans on to the joint firm to recover.

The agency also rejected an offer by Penta Group corporate raiders, through the Vinlan firm, to buy the receivables for one per cent of their face value.

The agency houses over Sk100 billion in unrecoverable or risky loans that were cut out of state banks VÚB, SLSP and IRB before their sale to foreign investors from 2000-2001.

Top stories

It takes nuts to help Kenyans

Slovakia has provided more than €10 million to the Kenyan people since 2005.

Muruku slum in Naorobi

Lack of experts challenges ICT sector

To maintain the competitiveness, the Slovak government must support digitising the economy and take a positive stance towards the ICT sector, according to experts.

Illustrative stock photo

Our exit from the EU will not weaken our links

The UK has no intention of undermining the stability of the EU, nor do we want to become more distant to our European neighbours, including those here in Slovakia, the ambassador writes.

Flags displayed on a tourist stall, backdropped by the Houses of Parliament and Elizabeth Tower containing the bell know as Big Ben, in London.

Roma civil patrols will continue

The Interior Ministry allocated €10 million for the project.

Roma patrols in Veľká Lomnica.