SID Bank Posts EUR 7.3M Pre-Tax Profit in 2010

Ljubljana, 22 February - The state-owned SID export and development bank posted last year a profit of EUR 7.3m before tax, which is six-fold more than in 2009. Net interest rose from EUR 21.5m to EUR 40.1m, while the bank's total assets increased by 28.8% to EUR 3.9bn, according to unaudited data released by SID on Tuesday.