Ljubljana - The Slovenian subsidiary of Italian banking group Intesa Sanpaolo generated a net profit of EUR 18 million last year, an increase of 38.5% compared to 2020, according to figures published on Friday.

Slovenia's Intesa Sanpaolo subsidiary has also generated EUR 69 million in operating income last year, an increase of 1.5% compared to 2020, according to figures released today.

"The results for 2021 confirm Intese Sanpaolo's ability to respond effectively to the challenges of the pandemic and to create value for all shareholders," the banking group said in announcing its group results on Friday.

According to Intesa's Slovenian branch, the bank's operations in Slovenia will be presented in greater detail at the end of February.