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National Bank of Slovenia Reports Slowing Growth

Published: March 21, 2013; 11:01 · (Vindobona)

The banking system’s total assets were down by € 88.5m in January or 6.6% y/y. The banks repaid liabilities to foreign banks in the amount of € 171m and to the Eurosystem in the amount of € 78m.

National Bank of Slovenia Reports Slowing Growth / Picture: © Vindobona.org

Government deposits continued to decline on the funding side. Positive shifts in household deposits were seen in recent months. The aforementioned deposits were up for the third consecutive month in January.

The contraction in lending activity continued in January. The year-on-year decline in loans to the non-banking sector stood at 6.8%, with loans to all client segments, except…

This article includes a total of 463 words.

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