Banks increased profits 9% in 1Q

Commercial banks posted a 9.3% year-on-year increase in net profit to €280.4m in the first quarter, NBS reported. The result exceeds the same period of 2023, before the introduction of a special profit tax. Net interest income rose by 6.2% to €896m. Last year, the new tax cut total net profit by 10% to €1.1bn.

(dennikN.sk)