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BANK NEWS

Corporate lending rises

Loan volumes decreased by Sk28.4 billion in February, due largely to the merger of state bailout agencies Konsolidačná banka Bratislava (KBB) and Slovenská kosolidačná (SKo). After transferring Sk31.5 billion in registered loans to SKo by February 1, KBB ceased to operate as a banking entity.

Excluding the merger, business and personal loans grew by Sk3.1 billion in February from the month before, compared to a Sk2 billion decrease in February 2001. The current growth is attributed to a Sk1.8 billion increase in business loans and a Sk1.1 billion increase in forex loans in February. Personal loans grew by Sk200 million. The total volume of business and personal loans increased by Sk25.8 billion compared to the same month last year, according to the NBS.

Top stories

In praise of concrete

It was once notorious for its drab tower blocks and urban crime, but Petržalka now epitomises modern Slovakia.

Petržalka is the epitome of communist-era architecture.

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.

Blog: Exploring 20th century military sites in Bratislava

It seems to be the fate of military sites and objects in Bratislava that none of them were ever used for the purposes they were built for - cavernas from WWI, bunkers from WWII, nuclear shelters or the anti-aircraft…

One nuclear shelter with a capacity for several hundred people now serves as a music club with suitable name Subclub (formerly U-club).