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Slovenian banks' Jan-Aug net profit rises 15.5%

Slovenian banks' Jan-Aug net profit rises 15.5% Bragin Alexey/

LJUBLJANA (Slovenia), October 14 (SeeNews) – The net profit of Slovenian banks increased 15.5% year-on-year in the eight months through August, reaching 425.3 million euro ($469.3 million), the central bank said.

The banks' net interest income rose 1.4% to 451.1 million euro in the period under review, whereas their net fee and commission income added 5.3% to 224.3 million euro, Bank of Slovenia said in a monthly report on the performance of the banking sector on Friday.

The total gross income of banks in Slovenia rose 13.2% year-on-year in the first eight months to 882.4 million euro, while operating costs increased 4.8% to 452.8 million euro.

The Slovenian banks' total assets grew to 40.7 billion euro as at end-August, from 38.78 billion euro at the end of 2018.

($=0.90588 euro)