Sponsored Content
Slovenia: Bank Losses Tripled in 2013
Politics ♦
Published: January 23, 2014; 11:46 ♦ (Vindobona)
Sponsored Content
Over the last year losses in the banking sector tripled to almost € 1.1bn.
Slovenia: Bank Losses Tripled in 2013 / Picture: © Vindobona.org
In the period from January to November last year losses in the Slovenian banking industry saw a three-fold increase compared to the same period in 2012, as reported by “Slovenia Times”. The reason for this dramatic development is the rise in provisions and the sharp decline in revenues.
While impairments and provisions rose by 43.2 percent to € 1.44bn net interest revenues,…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Sponsored Content