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Slovakia Banking News. Service for global professionals. Constantly updated news and information about Slovakia.
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Latest Slovakia Banking News

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  • Deepening economic crisis in Eastern Europe 24 Nov 2009 09:04 GMT
    ... capital from the east back to western banks will continue. The ERBD expressed concern over ... dire in the Baltic states. In Latvia, bankers are speaking of a “dramatic development.” Despite ... smallest countries in the region, Slovenia and Slovakia, have thus far introduced the euro. Eight ...

  • EU seeking to cut Dexia foreign exposure - paper 24 Nov 2009 08:00 GMT
    ... as Japan, the United States, Britain and Slovakia. Dexia's Italian bank subsidiary Crediop and its ... to cover riskier securities linked to subprime mortgages. Dexia's problem was that a large part ... will continue with retail, private and commercial banking in Belgium, Turkey, Luxembourg and Slovakia and ...

  • Tuesday's Letter: Hypocritical political propaganda over care 24 Nov 2009 06:47 GMT
    ... been given in bucket loads to the bankers. From: Malcolm Naylor, Grange View, Otley. From: ... to the United Kingdom, France, Luxembourg, Portugal, Slovakia and Slovenia, all on the say so ...

  • Daily Headline News for November 23, 2009 23 Nov 2009 13:32 GMT
    ... timing of the offer, a source in banking circles told Interfax. The first coupon could ... Interfax. *** ATOMSTROYEXPORT READY TO HIRE CZECH, SLOVAK CONTRACTORS IN NPP PROJECTS Atomstroyexport, Russia's general ... a source close to one of the banks organizing the placement told Interfax. RUSAL plans ...

  • EU recession over, but sharp contrasts in East 23 Nov 2009 12:52 GMT
    ... Monetary Fund. "Poland, the Czech Republic and Slovakia, who made fewer mistakes, can look to ... debt will probably be snapped up by banks, which in turn means there won't be ... Foreign-currency borrowing by businesses and households, including mortgages, is about 48% of GDP in Hungary ...

  • Opposition to takeover law swells 23 Nov 2009 00:12 GMT
    ... have been increasing in number ever since Slovakia’s parliament gave its quick approval to a ... or eventually other measures taken by creditor banks, which might force even a company which functions ...

  • Banks remain healthy despite fall in profits 22 Nov 2009 23:14 GMT
    ... THE SLOVAK banking sector has not been critically hurt by ... the global financial crisis. None of the banks operating in Slovakia have gone bankrupt or ...

  • EU clears government bailouts for ING and KBC after banks agree to shed operations 18 Nov 2009 12:40 GMT
    ... Belgian state bailouts for ING and KBC banks after both agreed to reduce operations to ... in Belgium, the Czech Republic, Poland, Hungary, Slovakia and Bulgaria and reducing risk. It plans ... risk. It plans to divest a private banking unit that does not operate under the ...

  • Commission closes legal cases after Spain, Slovakia and Malta adapt race equality laws 20 Nov 2009 11:52 GMT
    ... Commission closes legal cases after Spain, Slovakia and Malta adapt race equality laws The ... legislation appeared to contain an exception for banks and financial institutions, but this has been satisfactorily ...

  • Slovakia - Factors To Watch on Nov 19 19 Nov 2009 08:54 GMT
    ... in favor of selected candidates. Corruption in Slovakia continues to rise, Transparency International's index of ... peers, Hungary, Poland and the Czech Slovaks banks were forced to re-issue hundreds of debit and ...

  • Maros Sefcovic is Slovakia's candiate for EU commissioner 18 Nov 2009 14:11 GMT
    ... Berlin - Germany has overtaken both Italy and Spain ... cleared the restructuring plans of three major banks hit by the global financial crisis - Dutch ...

  • UPDATE 3-KBC slims down over state aid, remains bancassurer 18 Nov 2009 16:50 GMT
    ... KBC pledged a sharp downscaling of merchant banking, the sale of private banking and a ... Dexia and a number of German savings banks. KBC said it intended a non-dilutive exit ... said. Belgium, the Czech Republic, Poland, Hungary, Slovakia and Bulgaria would remain as core markets. ...

  • KBC to float Eastern European units, repay state aid in full 18 Nov 2009 13:14 GMT
    ... Bulgaria, the Czech Republic, Hungary, Poland and Slovakia, where it will "continue to target local ... activities and will divest KBL European Private Bankers "Over the next years, organic growth will ... markedly reduce the scope of its Merchant Banking Business Unit, mainly in relation to the ...

  • UPDATE 2-KBC slims down over state aid, remains bancassurer 18 Nov 2009 14:18 GMT
    ... Wednesday pledged a sharp reduction in merchant banking, the sale of its private banking unit ... escaped harsher measures forced on other bailed-out banks including ING, which is to spin off ... said. Belgium, the Czech Republic, Poland, Hungary, Slovakia and Bulgaria would remain as core markets. ...

  • EU clears ING, KBC bank bailouts 18 Nov 2009 13:57 GMT
    ... Belgian state bailouts for ING and KBC banks after both agreed to reduce operations to ... in Belgium, the Czech Republic, Poland, Hungary, Slovakia and Bulgaria and reducing risk. It plans ... risk. It plans to divest a private banking unit that does not operate under the ...


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Markets

Exchange Rates: Slovak Koruna
USD 1 = SKK 20.2120
EUR 1 = SKK 30.1179

Closing Stocks:
Bratislava SAX: 280.39(-0.07%)

Country Info About Slovakia

Visit the World Factbook for detailed information about Slovakia.
 

This Day in History

Nov. 24

The entire presidium and secretariat of the Czechoslovak Communist Party, including leader Milos Jakes, resigned following mass demonstrations in Prague. Karol Urbanek succeeded as General Secretary.
What year was it?

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