Nova Ljubljanska loses €202m

Nova Ljubljanska Banka, Slovenia's largest bank, made a net loss of €202m (£170.7m) last year, compared with an €86.8m loss in 2009. “A higher loss was due to high weakenings and provisions,” unlisted NLB said yesterday. NLB, which barely passed the EU stress test in July and plans a capital hike of €250m by the end of March to meet tougher EU capital requirements, confirmed the new shares would be sold at €116.