BUSINESS BRIEFS

Banks with Sk4.2 billion in first quarter

FIGURES released by the National Bank of Slovakia (NBS) show that commercial banks in Slovakia closed the first quarter of this year with an aggregate taxed profit of Sk4.2 billion (€110 million), according to international financial reporting standards.

Commercial banks in Slovakia reported net interest income totaling Sk7.5 billion. Net income from fees and commissions amounted to Sk2.8 billion, the SITA news agency wrote.

The volume of loans provided to clients reached Sk523.1 billion at the end of March. Client deposits amounted to Sk738.8 billion.

Eighteen commercial banks and six branches of foreign banks were active on the Slovak bank market at the end of March.

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