Press Release: State aid: Commission temporarily approves rescue aid for Slovenian banks Factor banka d.d. and Probanka d.d.

The European Commission temporarily approved on the 6 September 2013, under EU State aid rules, Slovenian plans to grant state guarantees on newly issued liabilities of the two Slovenian banks Factor banka d.d. and Probanka d.d. in the maximum amount of €540 million and €490 million respectively. The Commission concluded that the measures were necessary to preserve financial stability in Slovenia without unduly distorting competition.