The Slovenia Times

Banks in Slovenia Back to Profit

Nekategorizirano


Banks in Slovenia had a total operating pre-tax profit of EUR 121.4m in the first nine months, which is EUR 15.9m less than at the end of August. The amount of impairments and provisions was meanwhile up by almost EUR 72m, according to a report from the central bank Banka Slovenije, released on Friday.

Net interest revenue amounted to EUR 626.7m, which is 11.7% more than in the first nine months last year. Non-interest revenue was up by 25.3% to EUR 353.8m, while operational costs were down by 4.6% to EUR 503.5m.

Total assets of banks operating on the Slovenian market amounted to EUR 38.94bn at the end of September, down from EUR 40.34bn at the end of last year. In September, total assets were down by almost 2% compared to the month before.

The volume of loans to the non-banking sector was down by 0.7% in September on the monthly basis and more than 20% year-on-year to EUR 22.85bn. The volume of loans to companies was down by 1.3% and to households by 0.1% on the monthly basis.

Total deposit in banks in Slovenia amounted to EUR 33.34bn at the end of September. Household deposits were down 0.3% on the monthly basis, but were up 3.2% year-on-year. Deposits by companies were down 1.7% compared to August, and up 11% year-on-year.

The share of claims overdue by more than 90 days in total claims was up on the monthly basis by 0.9 percentage points to 15.7%. Compared to last December, the share was up by 2.3 percentage points in September.

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