ECONOMIC BRIEFS

NBS says banking sector positive in 1997

The National Bank of Slovakia (NBS) stated on April 29 it considered the 1997 development of the local banking sector as positive. The NBS added that the overall volume of assets of registered Slovak banks totaled "around 777 billion Sk" ($22.4 billion) as of December 31, 1997, an annual increase of 10%. "There was an improvement in terms of the cautiousness of bank operations...the main dynamic in the [asset] increase...was shown by banks which were created after 1990," the NBS said in a statement quoting a preliminary report on banking sector development.

Get daily Slovak news directly to your inbox

Top stories

News digest: The Gale targets corruption, cabinet officially prolongs curfew

Slovakia learned about biggest corporate taxpayers, the president signed laws changing the minimum wage and 13th pensions. Read the latest news overview.

Mobile testing units were built in the Hviezdoslavovo Square in Bratislava.

The big testing: When and where to show up, and what if I don't want to? (FAQ)

Here is what we know about the practicalities of the nationwide testing so far. Testing also applies to foreigners and diplomats in Slovakia.

Pilot testing in Bardejov

Storm transforms into Gale. More judges and an influential businessman detained

The police raid related to corruption in Bratislava courts.

Businessman Zoroslav Kollár (l) was brought to NAKA.