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Slovenia’s Factor Banka sees 9-mo non-cons net profit plunging

Nov 9, 2012, 5:33:18 PMArticle by Kire Nedelkovski
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LJUBLJANA (Slovenia), November 9 (SeeNews) – Slovenia’s Factor Banka said on Friday it expects to post an 87% drop in non-consolidated net profit to 263,000 euro ($340,300) in the first nine months of 2012.

Slovenia’s Factor Banka sees 9-mo non-cons net profit plunging

Non-consolidated net interest income is seen at 13 million euro over the review period, down from 17.7 million euro a year earlier, the bank said in a bourse filing.

Net fee and commission income is estimated to rise to 1.9 million kuna in the first nine months of the year from 1.6 million euro a year earlier.

Factor Banka's non-consolidated assets are seen edging down to 1.005 billion euro at the end of September from 1.044 billion euro at the end of 2011.

($=0.7729 euro)

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