BANKING & FINANCE NOTES

Banks release 1H97 figures

Several banks have released figures from their performance in the first-half of 1997.

Hypo-Bank Slovakia Inc. Bratislava increased its total assets to 2.673 billion Sk at the end of June, with total client deposits standing at 705.8 million Sk, and extended loans worth 95.7 million Sk. This fall, the bank plans to issue deposit certificates worth 1 billion Sk and to extend its services to include Mastercard/Eurocard credit cards.

Československá Banka (ČSOB) Inc. Bratislava extended loans worth 26.87 billion Sk in Slovakia as of the end of June. Out of the total, 78.5 percent of loans were in Slovak crowns, with the rest in foreign currencies. Bad and doubtful loans comprise 19.4 percent of all loans. ČSOB's total assets totalled 48.22 billion Sk at the end of June.

Dopravná Banka Inc. Banská Bystrica, a commercial bank, had a gross income of 9.1 million Sk in the first half of 1997. Its accumulated losses since it began operations at the end of 1996 is 336 million Sk, which makes up 42 percent of its registered capital of 800 million Sk. Last year, Dopravná Banka lost 150 million Sk, mainly due to the purchases of the Slovak branches of the Czech banks Ekoagrobanka and COOP Banka in the second half of 1996, which had many doubtful loans.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Fifty soon for death, wrote Kočner shortly before the murder

Some Threema messages between Kočner and Zsuzsová proven by other evidence.

Abandon hope all ye who enter Threema

Kočner's underworld will not cease to exist with his mere sentencing.

Marian Kočner (r) faces charges for, among others, forging promissory notes.

Paneláky are an irony of history

Many older Slovaks are nostalgic of the job security and the flats they got “from the state for free” before 1989.

The European Commission is sceptical of Slovakia's budget

It forecasts Slovakia’s economic expansion to give way to slower growth.

The government meets in Bratislava on October 2, 2019