Spectator on facebook

Spectator on facebook

CORPORATE NEWS

ČSOB loses 75 million Sk 1H'97

The Slovak branch of Československá Obchodná Banka (ČSOB) Inc. Bratislava suffered a loss of 75 million Sk., including a 6.9 percent decline in its total assets to 48.22 billion Sk in the first half of this year. Despite the drop, the bank's total assets grew 30.9 percent when compared with the end of June 1996, thanks to the bank's increased activity on the interbank market.

In the first half of 1997, the volume of loans ČSOB provided to non-banking clients increased 2.5 percent to 25.838 billion Sk, and the volume of clients' deposits declined 0.6 percent to 15.916 billion Sk. At the end of June, the bank had a 3.86 percent share of all loans provided in Slovakia. Its main clientele is large and mid-sized companies.

Top stories

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár

Russian spies allegedly recruit also Slovaks

They are using martial art clubs in Germany and dozens more in other EU states, in the Western Balkans, and in North America.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

Slovak President Andrej Kiska gives the opening speech of The Globsec 2016 security conference.