Postova Banka gets Bank of the Year award in Slovakia.

By bne IntelliNews December 5, 2011
Postova Banka received The Bankers Bank of the Year award in Slovakia for the second year in a row, TASR news agency reported. "We view this award as an acknowledgement for our dynamic growth, and it also motivates us to continue to pursue the trend," Postova banka's board chairman and CEO Marek Tarda was quoted as saying. The main advantages that contributed for the prestigious award were, according to the bank, its key indicators, which kept on improving, its effective response to market needs and the introduction of new products. Postova Banka, set up in December 1992, sells its products and services through some 1,500 post offices throughout Slovakia. It is 94% owned by financial company Istrokapital. Czech financial and investment group J&T has recently agreed with Istrokapital to buy 9.9% of the bank. Postova Banka posted a net profit of EUR 47.1mn for the first nine months of 2011, up 9.4% y/y, thanks to a 6.3% growth in operating revenue to EUR 112.9mn that came mainly from higher net interest income.
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Slovakia one of possible locations for new BMW plant.

German car maker BMW considers building a new plant in eastern Europe and Slovakia is one of the potential locations, Hospodarske Noviny business daily reported citing BMW's board member Ian ... more

Slovakia jobless rate edges down to 14.7% in February 2013.

Slovakia's unemployment rate in February 2013 fell for the first time in six months going down to 14.7% from 14.8% in January when it reached its highest level in more than 8.5 years, data from ... more

Frances CCN Group considers new plant in Slovakia - report.

France-based CCN Group, a supplier of components for turbines and automobiles, considers building a new plant in Slovakia in the town of Belusa, Hospodarske Noviny daily reported citing unnamed ... more

Follow Us On

Most Read

  1. Kaliningrad becomes an energy island after Baltic States cut Russian grid connection
    1 month ago
  2. Briefings reveal Nato chief called on EU and Turkey to improve relations amid pressing security concerns
    2 days ago
  3. Poland's adjusted income to overtake Japan's by 2026
    7 months ago
  4. Iran strikes oil deposits estimated at 5bn barrels worth $346bn
    2 days ago
  5. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    10 months ago
  1. Ukraine doesn't have any rare earth metals, and the strategic minerals it does have are not worth trillions of dollars
    18 days ago
  2. US administration 'misinformed about Romanian elections', says presidential candidate Nicusor Dan
    18 days ago
  3. Putin says sanctions have strengthened, not weakened, Russian economy
    20 days ago
  4. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    10 months ago
  5. Kaliningrad becomes an energy island after Baltic States cut Russian grid connection
    1 month ago

Reports

Dismiss