By Helgi Library - September 29, 2018
Sberbank Slovakia's non-performing loans reached 16.6% of total loans at the end of 2017, up from 14.7% compared to the previous ...
By Helgi Library - September 29, 2018
Sberbank Slovakia's non-performing loans reached 16.6% of total loans at the end of 2017, up from 14.7% compared to the previous ...
By Helgi Library - September 29, 2018
Sberbank Slovakia generated total banking revenues of EUR 23.5 mil in 2017, down 50.9% compared to the previous year. Slov...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | EUR mil | 37.9 | 31.0 | 17.7 |
| Net Fee Income | EUR mil | 8.42 | 9.86 | 4.89 |
| Other Income | EUR mil | 6.29 | 6.87 | 0.828 |
| Total Revenues | EUR mil | 52.6 | 47.8 | 23.5 |
| Staff Cost | EUR mil | 22.8 | 18.3 | 5.49 |
| Operating Profit | EUR mil | 10.6 | 2.90 | 6.65 |
| Provisions | EUR mil | 20.7 | 29.3 | 17.0 |
| Net Profit | EUR mil | -19.4 | -36.9 | -10.2 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Interbank Loans | EUR mil | 19.6 | 64.7 | 270 |
| Customer Loans | EUR mil | 1,332 | 1,071 | 956 |
| Total Assets | EUR mil | 1,841 | 1,549 | 1,369 |
| Shareholders' Equity | EUR mil | 193 | 152 | 141 |
| Interbank Borrowing | EUR mil | 32.0 | 2.32 | 2.27 |
| Customer Deposits | EUR mil | 1,435 | 1,290 | 1,120 |
| Issued Debt Securities | EUR mil | 141 | 90.7 | 90.8 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | -9.42 | -21.4 | -13.9 |
| ROA | % | -1.00 | -2.18 | -1.40 |
| Costs (As % Of Assets) | % | 2.17 | 2.65 | 2.30 |
| Costs (As % Of Income) | % | 79.9 | 93.9 | 71.7 |
| Capital Adequacy Ratio | % | 17.8 | 17.7 | 17.9 |
| Net Interest Margin | % | 1.96 | 1.83 | 1.83 |
| Loans (As % Of Deposits) | % | 92.8 | 83.0 | 85.4 |
| NPLs (As % Of Loans) | % | 12.2 | 14.7 | 16.6 |
| Provisions (As % Of NPLs) | % | 53.9 | 65.0 | 69.9 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | -20.1 | -9.12 | -50.9 |
| Operating Cost Growth | % | -19.3 | 6.86 | -62.5 |
| Operating Profit Growth | % | -22.9 | -72.6 | 129 |
| Net Profit Growth | % | -274 | 90.2 | -72.3 |
| Customer Loan Growth | % | -15.9 | -19.6 | -10.7 |
| Total Asset Growth | % | -9.03 | -15.9 | -11.6 |
| Customer Deposit Growth | % | 5.10 | -10.1 | -13.2 |
| Shareholders' Equity Growth | % | -11.3 | -21.6 | -6.84 |
| Employees | 658 | 543 | 540 | |
Get all company financials in excel:
| summary | Unit | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||||||||||||
| Net Interest Income | EUR mil | 39.9 | 39.6 | 44.2 | 51.9 | 37.9 | ||||||||||||||||
| Total Revenues | EUR mil | 52.8 | 50.2 | 60.3 | 65.8 | 52.6 | ||||||||||||||||
| Operating Profit | EUR mil | 14.2 | 5.89 | 9.32 | 13.7 | 10.6 | ||||||||||||||||
| Net Profit | EUR mil | -4.58 | -47.7 | 3.87 | 11.2 | -19.4 | ||||||||||||||||
| balance sheet | ||||||||||||||||||||||
| Interbank Loans | EUR mil | 46.9 | 104 | 185 | 101 | 19.6 | ||||||||||||||||
| Customer Loans | EUR mil | 1,145 | 1,227 | 1,426 | 1,585 | 1,332 | ||||||||||||||||
| Debt Securities | EUR mil | 141 | 257 | 173 | 171 | 236 | ||||||||||||||||
| Total Assets | EUR mil | 1,597 | 1,748 | 2,032 | 2,023 | 1,841 | ||||||||||||||||
| Shareholders' Equity | EUR mil | 127 | 163 | 202 | 218 | 193 | ||||||||||||||||
| Interbank Borrowing | EUR mil | 126 | 14.6 | 9.15 | 234 | 32.0 | ||||||||||||||||
| Customer Deposits | EUR mil | 1,167 | 1,378 | 1,580 | 1,365 | 1,435 | ||||||||||||||||
| Issued Debt Securities | EUR mil | 115 | 106 | 128 | 139 | 141 | ||||||||||||||||
| ratios | ||||||||||||||||||||||
| ROE | % | -3.61 | -32.9 | 2.12 | 5.31 | -9.42 | ||||||||||||||||
| ROA | % | -0.313 | -2.85 | 0.205 | 0.551 | -1.00 | ||||||||||||||||
| Costs (As % Of Assets) | % | 2.64 | 2.65 | 2.70 | 2.57 | 2.17 | ||||||||||||||||
| Costs (As % Of Income) | % | 73.2 | 88.3 | 84.6 | 79.1 | 79.9 | ||||||||||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 13.5 | 13.5 | 17.8 | ||
| Net Interest Margin | % | 2.73 | 2.37 | 2.34 | 2.56 | 1.96 | ||||||||||||||||
| Interest Income (As % Of Revenues) | % | 75.5 | 78.8 | 73.2 | 79.0 | 72.0 | ||||||||||||||||
| Fee Income (As % Of Revenues) | % | 22.5 | 20.0 | 16.8 | 15.8 | 16.0 | ||||||||||||||||
| Staff Cost (As % Of Total Cost) | % | 42.6 | 40.6 | 39.0 | 40.4 | 54.4 | ||||||||||||||||
| Equity (As % Of Assets) | % | 7.96 | 9.33 | 9.97 | 10.8 | 10.5 | ||||||||||||||||
| Loans (As % Of Deposits) | % | 98.1 | 89.0 | 90.3 | 116 | 92.8 | ||||||||||||||||
| Loans (As % Assets) | % | 71.7 | 70.2 | 70.2 | 78.3 | 72.4 | ||||||||||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | 7.30 | 8.77 | 10.8 | 9.99 | 12.2 | |||||||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | 54.8 | 90.7 | 54.0 | 45.7 | 53.9 | |||||||||
| valuation | ||||||||||||||||||||||
| Book Value Per Share Growth | % | ... | 10.1 | -0.797 | 11.6 | 17.6 | -27.1 |
| income statement | Unit | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||||||||||||
| Interest Income | EUR mil | 58.7 | 62.7 | 66.5 | 71.4 | 59.6 | ||||||||||||||||
| Interest Cost | EUR mil | 18.8 | 23.2 | 22.3 | 19.4 | 21.7 | ||||||||||||||||
| Net Interest Income | EUR mil | 39.9 | 39.6 | 44.2 | 51.9 | 37.9 | ||||||||||||||||
| Net Fee Income | EUR mil | 11.9 | 10.0 | 10.2 | 10.4 | 8.42 | ||||||||||||||||
| Other Income | EUR mil | 1.05 | 0.630 | 6.00 | 3.40 | 6.29 | ||||||||||||||||
| Total Revenues | EUR mil | 52.8 | 50.2 | 60.3 | 65.8 | 52.6 | ||||||||||||||||
| Staff Cost | EUR mil | 16.5 | 18.0 | 19.9 | 21.0 | 22.8 | ||||||||||||||||
| Depreciation | EUR mil | 5.13 | 4.75 | 5.29 | 5.54 | 4.68 | ||||||||||||||||
| Other Cost | EUR mil | 17.1 | 21.6 | 25.8 | 25.5 | 14.5 | ||||||||||||||||
| Operating Cost | EUR mil | 38.7 | 44.3 | 51.0 | 52.0 | 42.0 | ||||||||||||||||
| Operating Profit | EUR mil | 14.2 | 5.89 | 9.32 | 13.7 | 10.6 | ||||||||||||||||
| Provisions | EUR mil | 19.8 | 72.1 | 2.67 | -1.52 | 20.7 | ||||||||||||||||
| Extra and Other Cost | EUR mil | 0.016 | 0.018 | 0.020 | 0 | 0 | ||||||||||||||||
| Pre-Tax Profit | EUR mil | -5.70 | -66.2 | 6.63 | 15.2 | -10.2 | ||||||||||||||||
| Tax | EUR mil | -1.12 | -18.5 | 2.76 | 4.07 | 9.21 | ||||||||||||||||
| Minorities | EUR mil | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
| Net Profit | EUR mil | -4.58 | -47.7 | 3.87 | 11.2 | -19.4 | ||||||||||||||||
| growth rates | ||||||||||||||||||||||
| Net Interest Income Growth | % | ... | 10.1 | -0.797 | 11.6 | 17.6 | -27.1 | |||||||||||||||
| Net Fee Income Growth | % | ... | ... | ... | ... | ... | ... | 30.7 | -15.5 | 1.20 | 2.59 | -19.2 | ||||||||||
| Total Revenue Growth | % | ... | 6.03 | -4.88 | 20.1 | 9.05 | -20.1 | |||||||||||||||
| Operating Cost Growth | % | ... | 6.17 | 14.7 | 15.0 | 2.06 | -19.3 | |||||||||||||||
| Operating Profit Growth | % | ... | 5.64 | -58.4 | 58.3 | 47.3 | -22.9 | |||||||||||||||
| Pre-Tax Profit Growth | % | ... | -272 | 1,061 | -110 | 130 | -167 | |||||||||||||||
| Net Profit Growth | % | ... | -325 | 941 | -108 | 189 | -274 | |||||||||||||||
| market share | ||||||||||||||||||||||
| Market Share in Revenues | % | 2.16 | 2.40 | 2.60 | 2.67 | 2.31 | ||||||||||||||||
| Market Share in Net Profit | % | ... | ... | ... | ... | ... | ... | ... | ... | 0.704 | 1.99 | ... | ... | ... | ||||||||
| Market Share in Employees | % | 3.13 | 3.16 | 3.43 | 3.71 | 3.48 | ||||||||||||||||
| Market Share in Branches | % | 3.97 | 3.86 | 4.65 | 4.56 | 4.44 |
| balance sheet | Unit | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | ||||||||||||||||||||||
| Cash | EUR mil | 233 | 111 | 192 | 113 | 209 | ||||||||||||||||
| Interbank Loans | EUR mil | 46.9 | 104 | 185 | 101 | 19.6 | ||||||||||||||||
| Customer Loans | EUR mil | 1,145 | 1,227 | 1,426 | 1,585 | 1,332 | ||||||||||||||||
| Retail Loans | EUR mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 350 | 387 | 533 | 663 | 687 | |||||||
| Mortgage Loans | EUR mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 143 | 131 | 508 | 624 | 617 | |||||||
| Consumer Loans | EUR mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 207 | 255 | 24.5 | 39.1 | 69.5 | |||||||
| Corporate Loans | EUR mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 642 | 681 | 742 | 758 | 559 | |||||||
| Debt Securities | EUR mil | 141 | 257 | 173 | 171 | 236 | ||||||||||||||||
| Fixed Assets | EUR mil | 21.0 | 20.7 | 24.8 | 23.4 | 21.7 | ||||||||||||||||
| Total Assets | EUR mil | 1,597 | 1,748 | 2,032 | 2,023 | 1,841 | ||||||||||||||||
| Shareholders' Equity | EUR mil | 127 | 163 | 202 | 218 | 193 | ||||||||||||||||
| Of Which Minority Interest | EUR mil | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
| Liabilities | EUR mil | 1,470 | 1,585 | 1,829 | 1,805 | 1,647 | ||||||||||||||||
| Interbank Borrowing | EUR mil | 126 | 14.6 | 9.15 | 234 | 32.0 | ||||||||||||||||
| Customer Deposits | EUR mil | 1,167 | 1,378 | 1,580 | 1,365 | 1,435 | ||||||||||||||||
| Sight Deposits | EUR mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 573 | 524 | 593 | ||
| Term Deposits | EUR mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,007 | 841 | 842 | ||
| Issued Debt Securities | EUR mil | 115 | 106 | 128 | 139 | 141 | ||||||||||||||||
| Other Liabilities | EUR mil | 62.1 | 86.4 | 113 | 66.9 | 39.2 | ||||||||||||||||
| asset quality | ||||||||||||||||||||||
| Non-Performing Loans | EUR mil | ... | ... | ... | ... | ... | ... | ... | 87.1 | 117 | 164 | 166 | 174 | |||||||||
| Gross Loans | EUR mil | ... | 1,193 | 1,333 | 1,515 | 1,661 | 1,426 | |||||||||||||||
| Total Provisions | EUR mil | ... | 47.7 | 106 | 88.6 | 75.8 | 93.6 | |||||||||||||||
| growth rates | ||||||||||||||||||||||
| Customer Loan Growth | % | ... | 12.4 | 7.09 | 16.3 | 11.1 | -15.9 | |||||||||||||||
| Retail Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 38.4 | 10.5 | 37.8 | 24.5 | 3.61 | ||||||
| Mortgage Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 31.1 | -7.95 | 286 | 22.8 | -1.04 | ||||||
| Consumer Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 44.0 | 23.2 | -90.4 | 59.6 | 77.8 | ||||||
| Corporate Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.76 | 6.11 | 9.05 | 2.10 | -26.2 | ||||||
| Total Asset Growth | % | ... | 20.1 | 9.45 | 16.2 | -0.417 | -9.03 | |||||||||||||||
| Shareholders' Equity Growth | % | ... | 0.052 | 28.3 | 24.1 | 7.67 | -11.3 | |||||||||||||||
| Customer Deposit Growth | % | ... | 15.1 | 18.1 | 14.6 | -13.6 | 5.10 | |||||||||||||||
| market share | ||||||||||||||||||||||
| Market Share in Customer Loans | % | 3.15 | 3.31 | 3.64 | 3.79 | 2.93 | ||||||||||||||||
| Market Share in Corporate Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.13 | 4.55 | 5.08 | 5.28 | 3.57 | |||||||
| Market Share in Retail Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.25 | 5.01 | 0.466 | 0.686 | 1.12 | |||||||
| Market Share in Consumer Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2.04 | 2.06 | 2.59 | 2.88 | 2.65 | |||||||
| Market Share in Mortgage Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.16 | 0.960 | 3.32 | 3.59 | 3.13 | |||||||
| Market Share in Total Assets | % | 2.71 | 2.93 | 3.33 | 3.15 | 2.66 | ||||||||||||||||
| Market Share in Customer Deposits | % | 2.91 | 3.25 | 3.57 | 2.96 | 2.84 |
| ratios | Unit | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | ||||||||||||||||||||||
| ROE | % | -3.61 | -32.9 | 2.12 | 5.31 | -9.42 | ||||||||||||||||
| ROA | % | -0.313 | -2.85 | 0.205 | 0.551 | -1.00 | ||||||||||||||||
| Costs (As % Of Assets) | % | 2.64 | 2.65 | 2.70 | 2.57 | 2.17 | ||||||||||||||||
| Costs (As % Of Income) | % | 73.2 | 88.3 | 84.6 | 79.1 | 79.9 | ||||||||||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 13.5 | 13.5 | 17.8 | ||
| Tier 1 Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 13.5 | 13.5 | 17.8 | ||
| Net Interest Margin | % | 2.73 | 2.37 | 2.34 | 2.56 | 1.96 | ||||||||||||||||
| Interest Spread | % | ... | 2.60 | 2.23 | 2.21 | 2.45 | 1.83 | |||||||||||||||
| Asset Yield | % | 4.01 | 3.75 | 3.52 | 3.52 | 3.08 | ||||||||||||||||
| Cost Of Liabilities | % | ... | 1.40 | 1.52 | 1.31 | 1.07 | 1.26 | |||||||||||||||
| Interest Income (As % Of Revenues) | % | 75.5 | 78.8 | 73.2 | 79.0 | 72.0 | ||||||||||||||||
| Fee Income (As % Of Revenues) | % | 22.5 | 20.0 | 16.8 | 15.8 | 16.0 | ||||||||||||||||
| Other Income (As % Of Revenues) | % | 1.99 | 1.25 | 9.94 | 5.17 | 12.0 | ||||||||||||||||
| Cost Per Employee | USD per month | 3,299 | 3,271 | 3,458 | 3,260 | 3,316 | ||||||||||||||||
| Cost Per Employee (Local Currency) | EUR per month | 2,373 | 2,548 | 2,605 | 2,529 | 2,892 | ||||||||||||||||
| Staff Cost (As % Of Total Cost) | % | 42.6 | 40.6 | 39.0 | 40.4 | 54.4 | ||||||||||||||||
| Equity (As % Of Assets) | % | 7.96 | 9.33 | 9.97 | 10.8 | 10.5 | ||||||||||||||||
| Loans (As % Of Deposits) | % | 98.1 | 89.0 | 90.3 | 116 | 92.8 | ||||||||||||||||
| Loans (As % Assets) | % | 71.7 | 70.2 | 70.2 | 78.3 | 72.4 | ||||||||||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | 7.30 | 8.77 | 10.8 | 9.99 | 12.2 | |||||||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | 54.8 | 90.7 | 54.0 | 45.7 | 53.9 | |||||||||
| Provisions (As % Of Loans) | % | ... | 4.17 | 8.65 | 6.21 | 4.79 | 7.03 | |||||||||||||||
| Cost of Provisions (As % Of Loans) | % | 1.83 | 6.08 | 0.201 | -0.101 | 1.42 |
| other data | Unit | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| other data | ||||||||||||||||||||||
| Branches | 41.0 | 41.0 | 44.0 | 43.0 | 42.0 | |||||||||||||||||
| Employees | 578 | 589 | 636 | 692 | 658 | |||||||||||||||||
| Sight (As % Of Customer Deposits) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 36.2 | 38.4 | 41.3 |
Get all company financials in excel:
By Helgi Library - September 29, 2018
Sberbank Slovakia generated total banking revenues of EUR 23.5 mil in 2017, down 50.9% compared to the previous year. Slovak banking sector banking sector generated total revenues of EUR 2,324 mil in 2017, down 10.6% when compared to the last year. ...
By Helgi Library - September 29, 2018
Sberbank Slovakia's loans reached EUR 1,082 mil in the 2017, down from EUR 1,180 mil compared to the previous year. Historically, the bank’s loans reached an all time high of EUR 1,661 mil in 2014 and an all time low of EUR 640 mil in 2006. In the last ...
By Helgi Library - September 29, 2018
Sberbank Slovakia's loans reached EUR 1,082 mil in the 2017, down from EUR 1,180 mil compared to the previous year. Historically, the bank’s loans reached an all time high of EUR 1,661 mil in 2014 and an all time low of EUR 640 mil in 2006. In the last ...
By Helgi Library - December 12, 2019
Sberbank Slovakia's mortgage loans reached EUR 481 mil in 2017, down 13.1% compared to the previous year. Slovak banking sector provided mortgage loans of EUR 25.4 bil in 2017, up 12.8% when compared to the last year. Sberbank Slovakia accounted for 1.92%...
By Helgi Library - December 12, 2019
Sberbank Slovakia's mortgage loans reached EUR 481 mil in 2017, down 13.1% compared to the previous year. Slovak banking sector provided mortgage loans of EUR 25.4 bil in 2017, up 12.8% when compared to the last year. Sberbank Slovakia accounted for 1.92%...
By Helgi Library - September 29, 2018
Sberbank Slovakia made a net profit of EUR -10.2 mil under revenues of EUR 23.5 mil in 2017, up 72.3% and -50.9% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of EUR 11.2 mil in 2014 and an all time low of EU...
By Helgi Library - September 29, 2018
Sberbank Slovakia made a net profit of EUR -10.2 mil under revenues of EUR 23.5 mil in 2017, up 72.3% and -50.9% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of EUR 11.2 mil in 2014 and an all time low of EU...
By Helgi Library - September 29, 2018
Sberbank Slovakia's cost to income ratio reached 71.7% in 2017, down from 93.9% compared to the previous year. Historically, the bank’s costs reached an all time high of 117% of income in 2009 and an all time low of 53.3% in 2000. When compared to total as...
By Helgi Library - September 29, 2018
Sberbank Slovakia's cost to income ratio reached 71.7% in 2017, down from 93.9% compared to the previous year. Historically, the bank’s costs reached an all time high of 117% of income in 2009 and an all time low of 53.3% in 2000. When compared to total as...
By Helgi Library - December 12, 2019
Sberbank Slovakia's customer deposits reached EUR 1,120 mil in 2017, down 13.2% compared to the previous year. Slovak banking sector accepted customer deposits of EUR 55.7 bil in 2017, up 5.33% when compared to the last year. Sberbank Slovakia accounted f...
Sberbank Slovakia is a Slovakia-based subsidiary of Russia's Sberbank. The Bank offers its financial products and services to private customers, small and medium size enterprises, and large corporates. The Bank's deposit products include fixed deposits, fixed foreign exchange deposits, current accounts, and savings accounts. The Bank’s loan portfolio primarily comprises personal, mortgage, housing, or investment loans. The Bank was formerly known as Volksbank and changed its name to Sberbank Slovakia in February 2013. Sberbank Slovakia is a subsidiary of Sberbank Europe AG. Sberbank Europe manages a banking network of nine universal banks in eight countries of Central and Eastern Europe: in Slovakia, the Czech Republic, Hungary, Croatia, Slovenia, Bosnia and Herzegovina, and Ukraine
Sberbank Slovakia has been growing its revenues and asset by -7.58% and 1.72% a year on average in the last 10 years. Its loans and deposits have grown by 2.02% and 2.43% a year during that time and loans to deposits ratio reached 85.4% at the end of 2017. The company achieved an average return on equity of -6.99% in the last decade with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 71.7% in 2017, compared to 83.6% average in the last decade.
Equity represented 10.3% of total assets or 14.8% of loans at the end of 2017. Sberbank Slovakia's non-performing loans were 16.6% of total loans while provisions covered some 69.9% of NPLs at the end of 2017.
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