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Slovak Banking Industry Records Growing Net Income

Published: November 1, 2013; 11:22 · (Vindobona)

In the first nine months of 2013, Slovakia´s banking sector recorded a total net profit of € 449m.

Slovak Banking Industry Records Growing Net Income / Picture: © Flickr

Compared to the reference period of 2012, the Slovak banking industry raised profits by 8.6%. This was published by the Slovak National Bank. The underlying reason behind the positive development was the increased net interest margin and the lending growth. At the end of September, the total loan volume amounted to € 36.5bn, which corresponds to a growth rate of 3.0% compared to…

This article includes a total of 208 words.

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