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Krekova banka Reports 500 Million of Clear Profit in 1998

Maribor, 15 June - The Maribor-based Krekova banka had a successful year in 1998, creating SIT 500.5 million (US$ 2.67 million) of clear profit and improving return on capital by 10 percent. The banks total assets increased by SIT 10.8 billion to SIT 50.8 billion (US$ 271.65 million) at the end of the year, chairman of the board Ales Zajdela told a news conference Tuesday.

© STA, 1999