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.

Get daily Slovak news directly to your inbox

Top stories

News digest: Who will take the swabs?

The government offers hundreds of euros to health care staff for testing. Curfew ends on Saturday for some. Take a look at testing sites and more.

PM Igor Matovič helped with testing in Tvrdošín.

People with negative tests can go to hairdresser or outdoor terraces

Those with a negative test result will have to follow rules introduced on October 15.

Companies fear drop in demand for their products and services the most

International chambers of commerce asked companies about their current situation as well as expectations.

Companies implemented anti-coronavirus measures.

The big testing: When and where to show up, and what if I don't want to? (FAQ)

Here is what we know about the practicalities of the nationwide testing so far. Testing also applies to foreigners and diplomats in Slovakia.

Pilot testing in Bardejov