Off the wire
• Russia lifts ban on supply of S-300 missile systems to Iran  • Chinese Super League soccer standings  • Liu Zige out of form, two world top-3 times registered at China swimming  • AU deploys election observers to states in Sudan  • Africa Economy: Africa's 2015 growth to slow at 4pct: World Bank  • 22 security personnel killed in N. Afghanistan  • Spanish PM calls for int'l cooperation to face jihadism threats  • Feature: Indonesia's Bandung ready to welcome 60th Asia Africa Conference delegations  • Roundup: Voting in Sudan's troubled areas proceeds calmly despite rebel threats  • Chinese premier urges stronger clean energy cooperation with U.S.  
You are here: 　 Home

Slovak banks making larger profits from increased fees: central bank data

Xinhua, April 13, 2015 Adjust font size:

Increased fees led to larger profits for banks in the first two months of 2015, the National Bank of Slovakia (NBS) said in its latest data bulletin Monday.

On a year-on-year basis, profits were up by 15 million euros (15.86 million U.S. dollars), official data showed.

Comparing with neighboring countries, bank fees in Slovakia without discounts are higher than those in the Czech Republic, Austria or Poland. For average banking account, Slovaks pay 6 euros monthly. In Czech Republic, the average monthly payment is 3.5 euros, in Poland 4 euros and in Austria 5.2 euros.

"Slovak clients can avoid sizable fees only if they meet bank's criteria, then there will be 30 to 50 percent discounts," said Pavel Skriniar, bank analyst from the website Financna Hitparada.

According to bank analyst Maros Ovciarik from the portal Financial Compass, "there's a long-time trend of increasing fees for bank services in Slovakia." (1 euro = 1.06 U.S. dollars) Endit