The
NLB, NKBM and Abanka will receive state aid with taxpayer money, because no private investor was willing to take over any of the banks. The first to lose their investment will be shareholders and holders of subordinated debt. After that the banks will receive EUR 3 billion in capital. However the European Commission still needs to give the green light on the issue. Governor of the Bank of Slovenia said that the recapitalization was only a short term solution to a much bigger problem that dates back more than 20 years. He furthermore stressed that Slovenia was now paying for the bad practice of giving out loans without proper guarantees.