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Nova Ljubljanska Banka to sell NPL package

NovaLjubljanska Banka dd has agreed to sell a nonperforming loanpackage with a face value of €104 million from its retail business to anunnamed buyer.

The agreed sale is the second announced by the Slovenian lenderin less than a month, following the agreed sale of a package of Slovenianbusiness NPLs with a gross value of €396 million. The bank saidthe retail NPL sale agreement "concludes the so-called package sale of amajor portion of the NPL portfolio," with the sale of remaining bad loansto depend on market conditions.