ECONOMIC BRIEFS

Five banks fail to meet capital adequacy targets

At the end of September 1998, five Slovak commercial banks failed to meet the 8% limit for capital adequacy set by the central bank. At the end of 1997, four banks did not meet the limit. On aggregate, the capital adequacy of banks in Slovakia went down 0.9% from December 1997 to 9.12%. The National Bank of Slovakia (NBS) released these data in its Q1-Q3 Monetary Report on December 16.

At the end of September, 25 banks, two branches of foreign banks, and nine representations of foreign banks operated in Slovakia.

Get daily Slovak news directly to your inbox

Top stories

Nationwide testing - an ambitious plan with an uncertain result

Antigen tests to be used work on patients with symptoms.

Police arrest top special prosecutor, suspected of helping a mafia group

Dušan Kováčik is known for not filing any criminal lawsuits.

How many people were infected in Volkswagen or U.S. Steel? Top companies mostly remain silent

Biggest employers have introduced measures, they do not want to talk about possible layoffs.

The Bratislava plant of Volkswagen maintained strict measures also in the summer.

News digest: Lockdown not out of the question, PM Matovič says

The overview of news from Wednesday, October 21, 2020.

PM Igor Matovič says lockdown is still in play.