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Wednesday, July 17, 2024

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

By: P.T., STA

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 year-on-year due to higher operating costs and the creation of EUR 12.8 million in net impairments and provisions, the Banka Slovenije central bank reported.

Deposits by the non-banking sector increased by EUR 392 million in May, while the volume of deposits by non-financial companies decreased by EUR 140 million. The total assets of banks in Slovenia at the end of May amounted to EUR 48.8 billion, which is an increase of EUR 522 million compared to the beginning of the year.

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