Banking levy eliminated

23.06.2020

The government and the local banking association SBA signed a memorandum on elimination of the special banking levy as of July 1. The government will lose €300m in annual revenue. The money banks have already paid on the levy will be moved to a newly created Slovakia Development Fund that will finance housing, healthcare, and education (€1bn). As previous governments have been spending the levy revenues, the new fund will in fact be funded by new debts. The remaining €500m will be moved to a resolution fund to support the financial sector at the time of crisis, as well as to the Deposit Protection Fund. The government hopes the elimination of the levy will improve the banks’ lending capacity. Banks agreed to cut their dividend payments in 2019-22 by the value of the banking levy (0.2% of deposits) and withdraw all lawsuits against the state.

 

(hnonline.sk)

Please reload

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.

15% of Slovak companies confronted with whether to pay ransom to hackers

06.08.2020

Over the past 12 months, 15% of Slovak and Czech companies have been confronted with whether to pay ransom to hackers following a ransomware attack, a...

Janatini, Rasťo Chvála and Nina Skalíková top Slovak influencers

06.08.2020

Janatini, a blogger, tops this year’s list of Slovak influencers compiled by Forbes. Rasťo Chvála (Garáž.tv) and Nina Skalíková, a photographer, follo...

Na čele slovenských influencerov Janatini, Rasťo Chvála a Nina Skalíková

06.08.2020

Rebríček slovenských influencerov podľa časopisu Forbes vedie blogerka Janatini. Medzi troch najvplyvnejších ľudí na slovenskom internete patrí aj Ras...

1/5
Please reload

Copyright  © 1994 - 2019    Symsite Research         All rights reserved.