Slovenian banks’ pre-tax profit surges 123.5% y/y in January-September

By bne IntelliNews November 21, 2023

Slovenian commercial banks achieved €819.1mn in pre-tax profit during the first nine months of 2023, representing a surge of 123.5% compared to the corresponding period last year, the Bank of Slovenia announced on November 21.

Net profit also experienced substantial growth of 120.1% y/y, reaching €713.7mn in the first nine months of the year. Net interest income totaled over €1bn, jumping 103.7% y/y.

By the end of September, banks' assets had climbed to €51.9bn, from €50.6bn at the end of December 2022.

Related Articles

NLB to allocate €257mn in 2025 dividends after record 2024 performance

Slovenia’s largest banking group, NLB, announced on April 11 that it plans to distribute €257mn in dividends in 2025, following a record-breaking performance in 2024. The payout, representing ... more

Slovenia’s Gorenjska Banka acquires 5.19% stake in Austria’s Addiko Bank

Slovenia's Gorenjska Banka announced on November 8 that it acquired 1,011,812 shares in Vienna-based Addiko Bank. This acquisition, purchased from the parent financial holding Agri Europe Cyprus ... more

EBRD invests €5mn in Sava Re's landmark bond issuance

The European Bank for Reconstruction and Development (EBRD) announced on October 2 a €5mn investment in the debut debt capital market issuance of Slovenian reinsurance company, Pozavarovalnica Sava ... more

Dismiss