First Estimates Show EUR 606m Loss in Slovenian Banks in 2012

Ljubljana, 14 February - The Slovenian banking system generated a pre-tax loss of EUR 606m in 2012, according to initial estimates unveiled on Thursday by central bank Banka Slovenije governor Marko Kranjec. The main reason for the poor performance are the banks' high impairments and provisions.

Ljubljana
Central bank Banka Slovenije governor Marko Kranjec reveals first estimates of 2012 results of the Slovenian banking system and comments on the recent downgrade of Slovenia's sovereign credit rating by Standard & Poor's.
Photo: Tamino Petelinšek/STA

The rest of this news item is available to subscribers.
The news item consists of 1.288 characters (without spaces) or 249 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

ale/gz/gz
© STA, 2013