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CORPORATE NEWS

Bank of Ireland to be adviser for VÚB

After a year of preparation, the Dublin-based Bank of Ireland and Všeobecná Úverová Banka (General Credit Bank - VÚB) announced that a three-year partnership will start on December 10, officials from both financial institutions announced.

The project , funded with 1.5 million ECU (53 million Sk) from the Phare program, represents that organization's largest project in Slovakia to date. The project will focus on supporting VÚB's transformation, improving the bank's loan portfolio, and assisting it to reach banking standards in EU countries. The Bank of Ireland, which has a similar market position in Ireland as VÚB in Slovakia, was chosen from forty foreign banking institutions, likely because of its experience with similar projects in eighteen central and eastern European countries.

Top stories

Employee of the ministry’s agency accused of corruption

If found guilty, the employee of the Agricultural Paying Agency may spend up to eight years in prison for taking a bribe.

Sagan wins first race of 2017 Video

The Slovak cyclist triumphed at the second race of the Belgian classics.

Peter Sagan

Queues rigged at foreigners’ police, say clients

Not our problem, say police, who blame ‘cultural specifics’ and ‘habits’ of foreigners.

Queue in front of the foreigners' police department in Bratislava.

Legendary Luna bar to reopen Photo

The programme in the bar will focus on retro and oldies.

Luna Bar in the Kyjev Hotel