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Banks generate taxed profit of Sk11.972 billion for Q1-Q3

COMMERCIAL banks in Slovakia closed the first nine months of this year with an aggregate taxed profit of Sk11.972 billion according to international financial reporting standards (IFRS). The Q1-Q3 pretax profit was Sk14.309 billion, SITA wrote.

Net interest income was Sk24.727 billion and net income from fees and commissions was Sk8.258 billion.

The banks’ combined total assets stood at Sk1,393 billion at the end of September, according to the information provided by the National Bank of Slovakia (NBS).

Client loans totaled Sk580.769 billion, while client deposits accounted for Sk781.364 billion.

At the end of September seventeen commercial banks and seven foreign bank-branches were actively operating on the Slovak banking market.

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