The Slovenia Times

Banks Post EUR 113.8m Profit in First Seven Months

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Net revenues from interest amounted to EUR 490.9m, which is 10.3% more than in the January-July period last year.

Non-interest revenues were also up, by 21.4% to EUR 277m, while operating costs were down by 4.5% to EUR 393.2m, according to a report released by the Slovenian central bank on Friday.

The bank's total assets were up in July by 1.8% on the monthly level to stand at EUR 40.03bn, but were nevertheless lower than at the beginning of the year (EUR 40.34bn).

The amount of loans to the non-banking sector was down by 0.8% compared to June and by 21.2% compared to July 2013, standing at EUR 23.14m. Loans to companies were down by 31.1% and to households by 3.3% year-on-year.

Total deposits in Slovenian banks amounted to EUR 33.92bn at the end of July, which is 3.1% more than a month before, but 8.3% less year-on-year.

The share of claims due for more than 90 days was down by 0.6 percentage points to 14.7% on the monthly level, but was up by 1.3 percentage points compared to last December.

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