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CORPORATE NEWS

Poľnobanka distributes dividends

Shareholders of Poľnobanka Inc., Bratislava, a commercial bank, approved on June 19 the distribution of 1996 dividends worth 55.5 million Sk. The bank's total net income grew by 20 percent last year to 163 million Sk (205.5 million Sk according to international accounting standards). The volume of provided loans grew by 30 percent to 17 billion Sk. Its registered capital increased to 1.85 billion Sk, ranking Poľnobanka third among Slovak banks based on the volume of capital. The shareholders agreed with bond issues for this year and next year totaling 3 billion Sk, expected to help obtain long-term resources.

Top stories

Chinese are closer to taking over Košice steelworks

The sale may be completed early next year, according to reports.

U.S. Steel Košice

Third anti-corruption march drew thousands Photo

The only demand that has been met to date is the abrogation of Vladimír Mečiar’s amnesties by parliament.

The anti-corruption march

Slovak water slalom racers start championship with a victory Video

The single canoe slalom team can boast with several records.

l-r: Alexander Slafkovský, Matej Beňuš and Michal Martikán

Blog: In Slovakia, tradition is key

The year round, the calendar is filled to the brim with traditional habits, happenings that seem to go back centuries.

Traditional "vinobranie" event in Pezinok.