Abanka ordered to repay wiped-out bondholders in landmark ruling

(Photo: Abanka)

The Celje District Court ordered the Abanka bank to repay two junior bondholders who were wiped out in the bank bailout in late 2013 and 2014 in what is the first ruling in cases brought against banks following the bail-in.

Abanka has appealed the ruling, according to a report by the newspaper Delo.