BANKA SLOVENIJE

Ljubljana – Banks in Slovenia posted a total of EUR 174 million in pre-tax profit in the first five months of the year, which is 18.2% less than in the same period last year due to higher operating costs and the creation of net impairments and provisions, shows the monthly report by Banka Slovenije.

Ljubljana – The central bank assessed in its latest publication, issued on Tuesday, that the aggravated epidemiological situation brought by an increased number of coronavirus infections with the Omicron variant has had a relatively small impact on the economy.

Ljubljana – Mobile banking apps are being used by more and more Slovenians, the number of mobile bank users among natural persons having already surpassed the number of online banking users by the middle of this year.

Ljubljana – Slovenian banks generated a cumulative after-tax profit of EUR 226.4 million in the first half of the year, an increase of 84% compared with the same period last year that the central bank says is the product of a release of impairments and provisions.

Ljubljana/Frankfurt – Stress tests conducted by the European Central Bank (ECB) and Banka Slovenije have confirmed the stability of the Slovenian banking system, pointing out Slovenian banks would fare well even under unfavourable economic scenarios. Nevertheless, banks have been urged to stay cautious in the post-Covid landscape.

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Ljubljana – The Slovenian central bank held a virtual debate on Thursday which heard that, although payments in the eurozone are still mostly done in cash, the increasing digitalisation forces banks to consider introducing the digital euro.

Ljubljana – President Borut Pahor sent to parliament today a proposal to appoint Tina Žumer a vice-governor of central bank Banka Slovenije, while the nominee will present her bid to the public at the Presidential Palace tomorrow. Žumer is a former employee of Banka Slovenije who now works at the European Central Bank.

Ljubljana – After consulting heads of parliamentary factions, President Borut Pahor has narrowed down the list of candidates for consideration to put forward to the National Assembly in a renewed attempt to fill a vacancy on the governing board of the central bank and one on the Constitutional Court.

Ljubljana – The Slovenian central bank says the anti-crisis measures have contributed to the economic recovery and to keeping the country’s potential afloat, albeit at the expense of public finance situation. A gradual approach and targeted withdrawal of measures will be needed so that the economy is not exposed again to negative shocks.

Ljubljana – The central bank says in its latest publication that Slovenia had one of the worst epidemiological situations in the eurozone in the last quarter of 2020. This demanded strict restrictive measures in the long-term that in turn caused another steep decline in economic activity.