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Slovak banks raise H1 profit by 12 pct to Sk6.9bn.

Europe Intelligence Wire

| August 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Czech News Agency)

BRATISLAVA, Aug 1 (CTK) - Banks operating in Slovakia raised profits by nearly 12 per cent to Sk6.9bn in the first half of the year, according to data released by the central bank NBS.

Three largest banks in the country, Slovenska sporitelna (SLSP), Vseobecna uverova banka (VUB) and Tatra banka contributed more than 60 per cent to the aggregate earnings of the Slovak banking sector.

VUB had the biggest profit of Sk1.43bn, up by roughly a quarter against a year ago. SLSP's profit grew by 44 per cent to Sk1.41bn ...

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