The ING Bank branch in Slovakia reported a net profit of EUR 1.8mn in H1, down by 29.9% y/y. The financial result reflected the negative development of net interest income, which shrank by 20.5% y/y to EUR 5.7mn and the decrease of trading revenues by 41.7% y/y to EUR 1.4mn. However, the net income from fees increased by 38.2% y/y to EUR 1.3mn. The balance sheet total stood at EUR 975.4mn with liabilities of EUR 654.5mn, most of them current accounts. The branch is engaged mainly in trading in securities and investment banking services provided to companies in the automobile industry, retail and industrial manufacturing. |
|
German car maker BMW considers building a new plant in eastern Europe and Slovakia is one of the potential locations, Hospodarske Noviny business daily reported citing BMW's board member Ian ... more
Slovakia's unemployment rate in February 2013 fell for the first time in six months going down to 14.7% from 14.8% in January when it reached its highest level in more than 8.5 years, data from ... more
France-based CCN Group, a supplier of components for turbines and automobiles, considers building a new plant in Slovakia in the town of Belusa, Hospodarske Noviny daily reported citing unnamed ... more