Finances and Advisory - page 7 - The Slovak Spectator

CEE banking sector more profitable

BANKS in the central and eastern European (CEE) region are still more profitable than those in western Europe, a study prepared by the department of strategic analysis of the UniCredit company implies.

Compiled by Spectator staff

Regulation should bring savings of billions of euros to retailers.

EU to regulate card transaction fees

Retailers back new policy, but card companies say it will slow innovation.

Peter Adamovsky

Getting a car through operating leasing becomes more popular.

Operating leasing is on the rise

COMPANIES are becoming more interested in operating leasing as a way of financing the vehicles used by their employees.

Radka Minarechová

Bratislava houses several shared service centres.

ING Bank expands in Slovakia

ING Bank stopped offering banking services to households some time ago, but recently, it has announced a huge expansion as it is building a shared service centre in Bratislava.

Compiled by Spectator staff

Kažimír: Bank levy won’t be used to buy SE

RESOURCES from the special bank levy will not be used to boost Slovakia’s stake in electric power utility Slovenské Elektrárne (SE), Finance Minister Peter Kažimír said May 6.

Compiled by Spectator staff

Slovakia may go bankrupt in 15 years

IF SLOVAKIA does not adopt new reforms or does not increase taxes, it may face bankruptcy in 15 years.

Compiled by Spectator staff

Number of profitable companies in Slovakia increased

TAX licenses that required even loss making firms to pay a yearly duty were introduced in 2013 for the 2014 tax year, with such payments only coming due now early data shows that otherwise dormant companies are being closed and the number of profitable companies increased by roughly 10 percent to 59.4 percent .

Jana Liptáková

Slovak banks profited in 2014 despite higher operating costs

BANKING sector in Slovakia recorded 0.7 percent year-on-year profit increase of €560 million, the country’s central bank (NBS) reported in 2014 Report on Financial Market Development which was filed to the government on April 22.

Compiled by Spectator staff

Some bank fees are nonsense, say customers.

Slovak banks profit ever more – and improportionately – on clients’ fees

THIS year, clients of Slovak banks are paying much more than previously for banking fees. In the first two months of 2015, banks profited 15.4 percent more on fees and provisions than in the same period last year.

Compiled by Spectator staff

Moody’s cites affordable debt in stable outlook for Slovakia

SLOVAKIA’S deep economic and financial integration with Europe, moderate government debt ratios and high debt affordability underpin the stable outlook on the country’s A2 government bond rating, according to ratings agency Moody's.

Compiled by Spectator staff