Total assets of Slovak banking sector exceeded 800 billion Sk in 1998

The total assets of Slovak commercial banks amounted to 800.357 billion Slovak crowns at the end of 1998, up 4.4% compared with the previous year. The banking sector produced a profit of 2.5 billion crowns in 1998 while it reported a loss of 1.3 billion crowns one year earlier. The National Bank of Slovakia (NBS) released these data on March 15 from preliminary figures.

The total volume of deposits in Slovakia's banking sector was 464.9 billion crowns. Crown deposits accounted for 84.36% of this figure, or 392.2 billion crowns. Crown deposits of private individuals totaled 253.2 billion crowns, while corporate sector deposits hit 91.7 billion crowns.

The total volume of loans provided by the banking sector was 398.2 billion crowns, of which 302.3 billion were in loans to the corporate sector. The public sector absorbed loans of 8.3 billion crowns. Individuals took the remaining loans, worth 26.5 billion.

The volume of classified loans in the banking sector totaled 105.6 billion crowns at the end of 1998. Provisions and reserves created against these classified loans were 35.51 billion crowns.

Top stories


Employers will start testing unvaccinated employees on Monday

The Economy Ministry issued the manual on Friday afternoon, one day after it was supposed to.

26. nov

Incomers from countries where omicron was confirmed asked to report to authorities

Slovakia's Public Health Authority is working on new border rules.

27. nov
The fountain in its current shape and visualisation of its refurbishment.

The biggest fountain in Bratislava will gush water again

The Družba fountain on Námestie Slobody Square will be renovated after 40 years. Take a look at what its dilapidated interior looks like before the reconstruction.

24. nov
Skryť Close ad