Top three banks with high profits in 1H/2006

OF SLOVAKIA's three biggest banks, the highest profit was posted by VZB, which reported a six-months profit of Sk2.1 billion, which represents a year-on-year growth of 13.3 percent. The bank's total assets were Sk260.8 billion at the end of June 2006, Hospodárske noviny wrote.

Slovenská sporiteľňa generated a net profit of Sk1.8 billion and its total assets were 283.6 billion, according to data published by the SITA news agency.

Tatra banka reported a net profit of Sk1.3 billion, which is up to 17.3 percent more compared to June 2005. Its total assets were Sk198 billion.

All three banks are owned by foreign banking groups. Slovenská sporiteľňa is a 100 percent subsidiary of the Austrian Erste Bank, while 96.5 percent of VZB shares are owned by the Italian banking group Intesa and 72.44 percent of Tatra banka shares belong to Raiffeisen Bank.

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

Get daily Slovak news directly to your inbox

Top stories

News digest: Slovakia still dealing with the loss of its talent

Economy minister promises extensive support for hydrogen technologies in Slovakia. Far-right supporters protested in front of PM’s house during the weekend.

The far-right ĽSNS organised a protest in front of PM Igor Matovič's house in Trnava.

Hospital manners expose the toxicity of Kollár

Unjustified privileges overshadow some good news of the coalition's work. Halloween testing will not be repeated during advent time.

PM Igor Matovič (l) and Speaker of Parliament Boris Kollár

Sulík’s party benefits from the dispute with PM Matovič

The Hlas party of former PM Pellegrini is rising, too.

Economy Minister Richard Sulík (l) was charged by PM Igor Matovič (r) to purchase millions of antigen tests.

Anyone can publish a book. Authors often avoid publishers

Self-publishing is setting a new trend.

Nikoleta Kováčová has published two cookbooks without the aid of a publishing house.