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BUSINESS BRIEFS

Banks post big January profits

COMMERCIAL banks operating in Slovakia posted a profit of Sk1.4 billion (€38.2 million) in January 2005, a year-on-year rise of Sk172 million (€4.53 million), Slovakia's central bank reported.

The total assets of the bank sector reached Sk1.2 trillion (€31.6 billion). Provided loans totalled Sk273.2 billion (€7.18 billion) and client deposits were Sk669.9 billion (€18.5 billion).

Volume of standard loans (except classified loans) reached Sk42.5 billion (€1.12 billion).

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Tax evasion still causes problems

The state adopts several measures to curb room for tax evasion, but the effect of some is questioned.

Many firms find taxes too complicated to handle themselves.

Returning to Bratislava: Legendary quartet and legendary composer Photo

In February 2018, Brodsky Quartet will come to the Slovak capital to perform the late quartets of the composer who visited it back in 1796.

Brodsky Quartet performing Shostakovich in Bratislava, 2016.

UPDATED: Slovakia’s Kuzmina wins Olympic gold Video

The Slovak biathlete dominates the 12.5km race at this year’s Winter Olympic Games in PyeongChang.

Anastasiya Kuzmina

Slovakia ends last in its preliminary group Photo

Slovenia defeated the Slovak team on shootouts.