Spectator on facebook

Spectator on facebook

Slovak banks shed staff

FIVE foreign banks have launched operations in Slovakia since mid-2010, bringing the total number of foreign bank branches operating in the country to 15 at the end of June this year, the TASR newswire reported based on information released by the National Bank of Slovakia. AXA-Bank Europe and BKS Bank were among the newcomers, while Komerční Banka and Fio Savings Cooperative changed their legal status to become branches of foreign banks. The number of employees working for foreign banks increased from 518 in March 2009 to 779 in June 2011.

FIVE foreign banks have launched operations in Slovakia since mid-2010, bringing the total number of foreign bank branches operating in the country to 15 at the end of June this year, the TASR newswire reported based on information released by the National Bank of Slovakia. AXA-Bank Europe and BKS Bank were among the newcomers, while Komerční Banka and Fio Savings Cooperative changed their legal status to become branches of foreign banks. The number of employees working for foreign banks increased from 518 in March 2009 to 779 in June 2011.

The number of banks registered as domestic banks decreased by one to 11. The number of employees has been falling in banks that are registered as domestic banks rather than branches of foreign banks. In March 2009 19,796 people were working in domestic banks and the number fell to 17,561 in June 2011. The National Bank of Slovakia, which is not included in these statistics, had 1,070 employees in June 2011.


Topic: Finances and Advisory


Top stories

Voters don’t understand self-governing regions

Rules for regional elections change, which may bring some surprising victories.

One of the biggest fights is expected in Banská Bystrica Region.

Sagan rewrites history Video

Cyclist Peter Sagan becomes the first man to win three consecutive world championships.

Blog: Why did I come here?

A group of teachers and students from the Bratislava-based school gathered to support their friend, colleague, and fellow foreigner, as she had already tried four times just to get in the door of the foreign police.

Queue in front of the foreigners' police department in Bratislava.

Teachers and scientist support anti-corruption march

They praise the activities of students who may change the current state of corruption.

Organisers of the first student protest, Karolína Farská and Dávid Straka.