Central Bank Reports EUR 50M Surplus for 2013

Ljubljana, 28 May - Banka Slovenije, the country's central bank, has reported a EUR 50.39m surplus of revenues over expenditure for 2013. Three-quarters of that will be redirected to the national budget.

The bank said on Wednesday that it generated net revenues of EUR 100.64m last year. Its expenditure stood at EUR 50.25.

The national budget will get EUR 37.79m from the central bank's surplus.

The surplus is smaller than that in 2012, when it amounted to EUR 131.91m due to significant interest revenue and a major cut in operating expenditure.

Expenditure increased in 2013 due to the one-off costs related to the stress tests and asset quality reviews conducted at eight banks in Slovenia as part of the bank bailout.

Expenditure for bank reviews rose to EUR 22.75m from EUR 700,000 the year before, the central bank added.

© STA, 2014