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Improving Situation in Slovenia

Published: February 13, 2014; 18:27 · (Vindobona)

Banka Slovenije points out that the finance industry was negatively affected by provisions and write-offs. However, the situation seems to be improving.

Improving Situation in Slovenia / Picture: © BSI Bank of Slovenia

According to the Banka Slovenije’s report, pre-tax losses amounted to € 3.2bn. The Slovenian National Bank pointed out that results derived from higher provisions and impairments resulting from an ongoing deterioration of bank portfolios and collateral. According to the national bank, the finance industry was negatively affected by the reduction of debts (“deleveraging”) on the…

This article includes a total of 223 words.

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