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

News digest: Obligatory state quarantine to be discussed again

Slovak parliament rejected European report on sexual health. IKEA fined for harming the environment. Crisis staff addresses Delta variant.


12 h
Sommelier Rastislav Šuták loves Blaufränkish produced in Rača, Bratislava.

Parched? Sommelier proposes four remarkable Slovak wines

Experienced sommelier Rastislav Šuták on the future of wine-making, cheap wine, and what wines to drink this summer.


17 h
A number of projects are under construction in the capital.

Bratislava property prices soar amid pandemic

Apartment construction lagging demand as more people move to capital.


23 h