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Slovenian banks' H1 profit falls 6.5% y/y

Aug 30, 2017, 4:35:03 PMArticle by Maja Garaca
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LJUBLJANA (Slovenia), August 30 (SeeNews) - The combined after-tax profit of Slovenian banks dropped 6.5% year-on-year to 233.0 million euro ($277.8 million) in the first half of 2017, the central bank said on Wednesday.

Slovenian banks' H1 profit falls 6.5% y/y
Author: Ken Teegardin. Licence: Creative Commons.

The Slovenian banks' net interest income decreased 6.5% on the year to 318.3 million euro in the six-month period, while net fees and commissions income edged down 1.2% to 156.7 million euro, the Bank of Slovenia said in a monthly report.

The Slovenian banking sector's total gross revenue decreased by an annual 7.2% to 560.1 million euro in the six months through June, while operating costs edged up 0.6% to 326.8 million euro.

Slovenian banks' total assets increased to 37.2 billion euro as at end-June, up by 180.0 million euro compared with end-December 2016.

($=0.838696 euro)

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