Banks’ pre-tax profit down 18% in first five months

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Ljubljana – Banks in Slovenia posted a total of EUR 174 million in pre-tax profit in the first five months of the year, which is 18.2% less than in the same period last year due to higher operating costs and the creation of net impairments and provisions, shows the monthly report by Banka Slovenije. The central bank said that the decrease was mostly a consequence of slightly higher operating costs and the creation of net impairments and provisions in the amount of EUR 12.8 million. Banka Slovenije noted that in…

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