Addiko Bank has announced plans to set aside provisions amounting to millions of euros to cover legal risks associated with foreign-currency loans in Croatia and Slovenia.
The Austrian lender, which is currently the subject of a takeover battle, stated that the provisions are necessary to address potential liabilities stemming from these specific loan portfolios.
The bank also confirmed it is continuing its financial planning processes alongside this risk assessment.
The decision to book these provisions highlights the lingering legacy risks that potential acquirers must evaluate.
Foreign-currency lending, particularly in euros and Swiss francs, has been a source of legal and reputational friction for banks operating in the Western Balkans for years.
By quantifying this exposure now, Addiko is attempting to clarify its balance sheet ahead of any potential transaction closure.