Unicredit ups GDP growth forecast for Slovenia (+1,8%)
Higher than International Monetary Fund estimate (+1,4%)
21 January, 17:04"The situation has improved notaboly compared to the previous years", said the Group's regional manager, Gianni Franco Papa.
Slovenia has completed a process of restructuring its banking sector with the creation of a 'bad bank' for critical assets.
However, the unsolved credit lines will remain well above the 18.9% regional average in 2015. The Unicredit Group estimates that, following a drop of lending activities in 2014 (-9.3%), the number of issued loans will grow by 2% this year.
The Group's forecast on Slovenia's GDP growth has a more positive outlook than the one issued by the International Monetary Fund (+1,4%) and the EBRD (+1,6%). (ANSA)