ECONOMIC BRIEFS

Almost 30 foreign banks or branches in Svk.

According to the NBS Monetary Development report [THE ONE FOR 1996 OR THE 1997 UPDATE?], there are 29 banks and branches of foreign banks in Slovakia as of April 1, 1997. Of them, 24 were commercial banks and 14 had at least partial foreign ownership. The banking sector employed 25,581 people, the report noted. Registered capital in the sector was valued at 39.452 billion Sk, of which 60 percent was held by Slovak shareholders. Insurance companies in Slovakia had registered capita worth 4.73 billion Sk and employed 6,140 people as of April 1, according to the report.

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