Spectator on facebook

Spectator on facebook

Slovak banking sector is making a profit two months into 2009

Slovakia's banking sector closed the first two months of this year with taxed profit of €69.4 million, the SITA newswire wrote. In the same period last year, taxed profit amounted to Sk3.412 billion, which represents €113.2 million according to the conversion exchange rate.

Slovakia's banking sector closed the first two months of this year with taxed profit of €69.4 million, the SITA newswire wrote. In the same period last year, taxed profit amounted to Sk3.412 billion, which represents €113.2 million according to the conversion exchange rate.

In year-on-year terms, the two-month taxed profit was lower by 38.7 percent. The National Bank of Slovakia (NBS) further reported that net interest income of the sector went up 1.1 percent y-o-y to €243.6 million. On the other hand, net income from fees and commissions dropped 19.1 percent y-o-y to €92.2 million.

The balance sheet total of banks in Slovakia stood at €52.303 billion at the end of February. Receivables from clients amounted to €30.157 billion. Claims from banks made up €6.893 billion. Liabilities towards clients accounted for €35.547 billion, and liabilities towards other banks were at €3.154 billion. Share capital of the banking sector was €1.625 billion. SITA

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

Top stories

Preparation of young journalists lags

Editors and students complain about the lack of practical training at journalism schools and missing links with the realities of the media market.

International students travel to attend world leading universities. So they did in the past.

Raslavice village creates jobs; constructs wellness centre

By using eurofunds and state aid new Mayor of Raslavice Marek Rakoš thus created some 80 jobs in two years.

Fico: We are ready to discuss the 13th salary

The prime minister also presented reasons why Slovakia should be in the EU core.

PM Robert Fico

Meucci: Italy is not going through a catastrophe

Gabriele Meucci has been serving as the Italian Ambassador to Slovakia since January this year. He says that Slovakia is a haven for Italian investors but recently also for Italians coming here to work.

Italian Ambassador to Slovakia Gabriele Meucci