Financial Market
Financial Market
The global financial crisis exposed huge weaknesses that had built up in the majority of Slovenia's state-owned banks. By 2012 Slovenia was locked out of the financial market, and it took until the bank bailout in late 2013 before the sector recovered. Banks' total assets peaked at over EUR 50bn in 2010 before reaching a low of just 37bn in 2016.
Following the bailout measures, the Slovenian government began a process of privatising state-owned banks whihc was completed in 2019.