Slovenian banks’ pre-tax profit surges 123.5% y/y in January-September

By bne IntelliNews November 21, 2023

Slovenian commercial banks achieved €819.1mn in pre-tax profit during the first nine months of 2023, representing a surge of 123.5% compared to the corresponding period last year, the Bank of Slovenia announced on November 21.

Net profit also experienced substantial growth of 120.1% y/y, reaching €713.7mn in the first nine months of the year. Net interest income totaled over €1bn, jumping 103.7% y/y.

By the end of September, banks' assets had climbed to €51.9bn, from €50.6bn at the end of December 2022.

Related Articles

Slovenia’s Gorenjska Banka acquires 5.19% stake in Austria’s Addiko Bank

Slovenia's Gorenjska Banka announced on November 8 that it acquired 1,011,812 shares in Vienna-based Addiko Bank. This acquisition, purchased from the parent financial holding Agri Europe Cyprus ... more

EBRD invests €5mn in Sava Re's landmark bond issuance

The European Bank for Reconstruction and Development (EBRD) announced on October 2 a €5mn investment in the debut debt capital market issuance of Slovenian reinsurance company, Pozavarovalnica Sava ... more

Slovenia’s NLB bank receives ECB approval for early bond redemptions

Slovenia’s largest bank, NLB, announced on September 20 that it has received clearance from the European Central Bank (ECB) for the early redemption of two subordinated bonds, originally set ... more

Dismiss