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.

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News digest: Slovakia opens more testing sites

Slovaks smoke less than 10 years ago. Former tennis player who skipped the vaccination line helped at a hospital.

Journalists' dilemma over the case of the charged Jaroslav Haščák

Investigative reporter Adam Valček writes about what he learned during the Kuciak murder trial and how it applies in the case of the charged co-founder of Penta.

Jaroslav Haščák

Drop in car production lower than expected

Carmakers manufactured 11 percent less cars than in 2019.

Carmakers in Slovakia also produce electric battery and hybrid car models.