POSSIBLE UPGRADE FOR TO SKB BANKA

From: Info-Prod Research (Middle East) | Date: August 8, 2004 | Copyright information

Moody's Investors Service has placed onreview for possible upgrade the A1 long-term foreign currency depositrating assigned to SKB Banka (SKB) following a similar rating action forSociete Generale of France (SocGen) which owns 99.6% of SKB. Moody's said that this rating action will focus solely on the likelihoodand degree of support SocGen is likely to extend to SKB if the latterwere to face financial difficulties. Moody's notes that the sovereignceiling for foreign currency deposits in Slove...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and journal articles from HighBeam Research

POSSIBLE UPGRADE FOR TO SKB BANKA
Info-Prod Research (Middle East) ; Moody's Investors Service has placed onreview for possible upgrade the A1 long-term foreign currency depositrating assigned to SKB Banka (SKB) following a similar rating action forSociete Generale of France (SocGen) which owns 99.6% of SKB. Moody's said that this rating action will focus solely on
RATINGS FOR SLOVENIAN BANKING SECTOR
Info-Prod Research (Middle East) ; The ratings for the Slovenian bankingsystem reflect its resilience to a number of external shocks as well asits dominance by the country's two largest banks, which are either whollyowned or almost majority-owned by government-controlled agencies.However, the ratings also factor the competitive
Doctoring shares. (SmithKline Beecham)
The Economist (US) ; SMITHKLINE BEECHAM (SKB), a big British drugs firm has just announced its third-quarter results. The price of its shares increased by in London; on Wall Street, by 6%. Despite the leap, SKB still sells for far less in America than in Britain, and its managers are increasingly unhappy about it. Two
Ripe for the picking.(Nova Ljubljanska Banka, largest bank in Slovenia, is for sale)(Brief Article)(Company Profile)
The Banker ; The largest bank in Slovenia and central Europe is being put on the market. Who locally and internationally are the suitors? Stephen Timewell reports from Ljubjana ONE OF THE LAST big prizes in central European banking is up for grabs. Nova Ljubljanska banka, the largest bank in Slovenia and the
SKB Streamlines Its Global Antibiotics Operations.(Smithkline Beecham)(Brief Article)
Chemical Market Reporter ; SMITHKLINE BEECHAM is consolidating its manufacture of antibiotics at five global sites in the face of increasing low-cost global competition in the sector. The move will mean that five plants--at Piscataway, N.J.; Upper Merion, Penn.; Orsabe, Mexico; Plelan, France; and Toledo, Spain--will
Keeping it in the family: Slovenia has, so far, resisted foreign incursions into its banking sector. (Central & Eastern Europe: Slovenia).(includes finanical data on country's top five banks)(Statistical Data Included)
The Banker ; Slovenia and Estonia are the two smallest central and east European applicants for European Union membership, measured by size of population. They are both well ahead of most of the others in negotiating EU entry terms. But there the resemblance fades. Whereas Estonia is widely recognised as the
Independent stance.
The Banker ; Privatisation is the linchpin of the country's reforms since independence. Slovenia's economic success since it wrested independence from the Serb-dominated former Yugoslav federation in June 1991 was amply recognised by the country's inclusion in Brussels's first tranche of post-communist
Slimline system. (Slovenia's banking reform)(Industry Overview)
The Banker ; Slovenia's reform process involves squeezing the plethora of small banks into a few powerful institutions. When SKB Banka, Slovenia's largest private bank, recently made an offer for Gorenjska Banka, the fifth largest in terms of assets, it not only launched post-communist east and central Europe's
SKB faces shareholder revolt over bosses' pay
The Independent - London ; SMITHKLINE BEECHAM, the pharmaceutical giant, is facing a revolt from shareholders who believe that the bonuses of its top executives are too generous and easy to achieve. The investors are angry at SKB's share award scheme, which contributed to the controversial pounds 93m nine-year pay package of
Second bite of the cherry.(Slovenia's banking industry)(Industry Overview)(Statistical Data Included)
The Banker ; Slovenia's former prime minister has been re-elected. This time, says Colin Jones, he must do better Three months ago Slovenians voted back into the premiership the man who had led them for most of the decade since they wrested their independence from an increasingly Serb-dominated Yugoslav