Spectator on facebook

Spectator on facebook

Fraud forces banks to adopt new prevention measures

Slovak banks were defrauded of more than Sk1 billion in 2005 by con artists who used counterfeit identification or salary confirmations to receive a loan.

In response, banks will soon be implementing new countermeasures, including verifying applicants' data through social insurance provider Sociálna poisťovňa (SP), the Pravda daily wrote.

Regina Ovesny-Straka, the head of SLSP bank and president of the Slovak Banking Association, said the cooperation between banks and SP should help ascertain whether applicants' salary statements are honest.

Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Crisis ends in Danko’s defeat

Education minister steps down following Fico’s call, Danko not ruling out he might leave politics.

Former education minister Peter Plavčan and PM Robert Fico on July 24.

First Slovak woman crossed the English Channel

Before her, only six Slovak men had managed to complete the difficult swim.

Have you ever climbed a via ferrata? Photo

In central Slovakia, there is one also suitable for beginners. Here are some of the views it offers.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.