Bank sector profit Sk11.8 billion

The bank sector recorded a profit of Sk11.8 billion in the first nine months of the year with net assets of Sk879 billion and loans extended of Sk194 billion. The return to health comes after the government cut out about Sk100 billion in bad loans from three major state banks in 2000.

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

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