Slovenian banks Jan-Aug net profit drops 2.3% y/y

The banks' net interest income grew 7.0% on the year to 443.3 million euro in the period under review, whereas non-interest income went up 14.0% to 402.5 million euro, Bank of Slovenia said in its monthly report on the performance of the banking sector.

The total gross income of banks in Slovenia grew 10.2% year-on-year to 845.8 million euro in January-August, while operating costs increased 4.2% to 497.7 million euro.

The banking system's net impairment and provision costs turned to a negative 17.8 million euro in January-August, from a positive 45.8 million euro in the like period of 2021.

The banks' total assets grew to 49.15 billion euro at end-August, up from 48.25 billion euro at the end of 2021.

($ = 1.0069 euro)