Deloitte: Slovak banks stable and healthy

Slovak banks are stable and healthy, Director of Deloitte Slovensko's consulting department Ivan Lužica said at a press conference on Tuesday, April 20.

Slovak banks are stable and healthy, Director of Deloitte Slovensko's consulting department Ivan Lužica said at a press conference on Tuesday, April 20.

"Scenarios of how Slovak banks would experience an outward flow of capital during the global crisis and experience problems because they are owned by international mother companies, haven't come true," said Lužica, as quoted by the TASR newswire.

However, this doesn't mean that banks are only generating profits and have no loss-making projects. The rate of success with respect to bank projects in Slovakia is "appropriate", according to Lužica. "The banking sector per se is stable," he added, saying that the banks are rebounding from the crisis. "Banks are offering new products already – financing of projects or credits," he said. Banks, he said, can afford to come up with new products and services by virtue of the fact that they resorted to hard, restrictive measures at the onset of the crisis.

Source: TASR

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: Slovak-Hungarian relationship has never been as good as now, Hungarian MFA says

Health Ministry fears spread of Delta strain from football match in Budapest. Hungarian Foreign Affairs Minister refutes claims of a negative relationship with his Slovak counterpart. Read more in today's digest.


2 h
Illustrative stock photo

Law change makes cannabidiol legal

CBD allowed in cosmetics, but off the menu for food products.


7 h
The Umbrella March is held in Bratislava this Sunday, June 20, 2021.

A record set by Luis Suarez has been broken in Slovakia

Read other interesting stories from this week in the roundup.


7 h
A paraglider flies over a valley from the Martinské hole mountains.

The Slovak region compared to Tuscany is a big unknown

Set out on a trip to the Turiec region with a new Spectacular Slovakia podcast series.


17. jún