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.

Get daily Slovak news directly to your inbox

Top stories

News digest: Pilot testing deemed successful

Coronavirus affects bus connections, gastronomy businesses send an open letter to the prime minister. Take a look at the latest in our news digest.

PM Igor Matovič presents the results of the pilot nationwide testing on October 26.

Slovakia orders a curfew and embarks on its COVID experiment

High turnout in testing in four northern districts, decision awaited on extending the project to the nation. Prison for a prominent prosecutor and parliament's speaker injured.

Waiting for the results of COVID tests during the pilot phase of the nationwide testing in the town of Nižná in Orava, northern Slovakia.

No balanced budget for next three years, this time due to COVID-19

2021-2023 general government budgets lack consolidation measures.

Finance Minister Eduard Heger