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Slovenia´s Banking Industry in Distress
Politics ♦
Published: February 5, 2013; 14:02 ♦ (Vindobona)
Due to the economic crisis, the lending business goes down. The indebtedness of the real economy remains high. Funding costs are increasing.
Slovenia´s Banking Industry in Distress / Picture: © Vindobona.org
For the majority of this year, Slovenian banks’ performance and the development of their financial risks have been defined on one hand by declining economic activity, a contraction in investment spending and a decline in household consumption, and on the other hand by slowing economic growth in the EU and the international financial markets’ lack of confidence in…
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