Spectator on facebook

Spectator on facebook


Prvá Komunálna Banka with total assets exceeding 20 billion crowns

The total assets of Prvá Komunálna Banka, a.s., Žilina (PKB) exceeded 20 billion Slovak crowns ($490 million) at the end of 1998, compared to 16.07 billion crowns one year before. Last year the bank netted 186.66 million crowns, up from 165.09 million crowns in 1997. The bank released this information on April 19.

Capital adequacy improved from 9.55% in 1997 to 10.82% last year. Return on total assets climbed from 12.48% in 1997 to 14.05%.

The volume of loans provided to clients last year swelled 23% to 7.73 billion crowns, making up 2.06% of the total loans in the Slovak banking sector. PKB's credit portfolio consists of loans for municipalities and business entities. Loans to municipalities currently constitute more than half of the 2,000 loans in PKB's portfolio.

Primary deposits grew from 9.6 billion crowns in 1997 to 11.94 billion crowns last year, representing about 60% of the bank's total assets. PKB's share of primary deposits in the sector was 2.8%.

Top stories

Preparation of young journalists lags

Editors and students complain about the lack of practical training at journalism schools and missing links with the realities of the media market.

International students travel to attend world leading universities. So they did in the past.

Raslavice village creates jobs; constructs wellness centre

By using eurofunds and state aid new Mayor of Raslavice Marek Rakoš thus created some 80 jobs in two years.

Fico: We are ready to discuss the 13th salary

The prime minister also presented reasons why Slovakia should be in the EU core.

PM Robert Fico

Meucci: Italy is not going through a catastrophe

Gabriele Meucci has been serving as the Italian Ambassador to Slovakia since January this year. He says that Slovakia is a haven for Italian investors but recently also for Italians coming here to work.

Italian Ambassador to Slovakia Gabriele Meucci