Banks post Sk12.5 billion profit for first 10 months of 2005

THE COMMERCIAL banks in Slovakia ended the first 10 months of this year with an aggregate net profit of Sk12.5 billion (€330 million).

Most of the banks posted profits for the given period. Just one loss of Sk4.9 million (€129,000) was posted, the National Bank of Slovakia announced.

The aggregate volume of loans provided to clients reached Sk357.6 billion (€9.44 billion), of which mortgage loans represented Sk51.5 billion (€1.36 billion).

Client deposits reached Sk688.5 billion (€18.17 billion), the SITA news agency reported.

Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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