Banking sector’s net profit was down 61% to €64m in the first quarter

04.05.2020

The banking sector’s net profit was down 61% to €64m in the first quarter. SLSP posted a €26.1m profit (-45%), VÚB €14m (-60%) and Tatra banka €23m (-14%). Poštová banka posted a 16% drop to €10m and ČSOB  a €2.5m loss. Besides falling interest rate revenues, the banks blame the poor performance on the doubled banking levy (€75m in 1Q). Without the levy, their profits would be down just 24%.

 

(etrend.sk)

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Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

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