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

Police will check overpriced EU presidency

The presidency will also be scrutinised by state auditors.

The ceremonial launch of the Slovak presidency's logo.

Inspectors to focus on firms with foreign staff

Scrutiny follows media report by Serbian journalist concerning conditions in a Galanta-based plant.

Labour Minister Ján Richter

Bratislava councillors want gambling regulation, not ban

Seventeen councillors do not agree with total prohibition of gambling in the capital, they want to continue in its strict regulation.

SaS denies Russian media reports on its support of Slexit

The opposition party has objected to news in some Russian media stating that it supports the departure of Slovakia from the EU, i.e. Slexit.

Richard Sulík