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CORPORATE NEWS

Banks offer higher short-term interest

Dopravná banka Inc., a commercial bank based in Banská Bystrica, began offering a 20 percent interest rate p.a. on 1-month deposits. The minimum deposit is 20,000 Sk. This is most likely a reaction to the severe lack of liquidity, to which other banks in Slovakia have not reacted yet. The only exceptions are Creditanstalt, Bank Austria and Hypo-Bank, which are offering 13-17.25 percent interest p.a. for one to three month deposits.

Top stories

Discussion about road project becomes emotional

Analysts want more alternatives for the road from Zvolen to Košice to be assessed

The protest at Soroška

Slovakia commemorates the 1968 invasion. Here’s what it looked like Photo

Anniversary of the Warsaw Pact troop invasion that ended the Prague Spring.

Garth: We need a deal that will benefit both

“When I talk to the Brits living in Slovakia, they are quite relaxed about things,” UK Ambassador to Slovakia Andrew Garth says about the Brexit-related concerns.

UK Ambassador to Slovakia Andrew Garth

“Natural police” to protect nature and animals

Those who commit crimes against the environment should watch out.

Illustrative stock photo