By Helgi Library - December 12, 2019
VUB Banka's mortgage loans reached EUR 5,342 mil in 2017, up 20.1% compared to the previous year. Slovak banking sector provide...
By Helgi Library - December 12, 2019
VUB Banka's mortgage loans reached EUR 5,342 mil in 2017, up 20.1% compared to the previous year. Slovak banking sector provide...
By Helgi Library - December 12, 2019
VUB Banka's customer loans reached EUR 12,001 mil in 2017, up 11.9% compared to the previous year. Slovak banking sector provid...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | EUR mil | 412 | 399 | 384 |
| Net Fee Income | EUR mil | 117 | 108 | 114 |
| Other Income | EUR mil | 23.4 | 48.4 | 49.8 |
| Total Revenues | EUR mil | 553 | 556 | 547 |
| Staff Cost | EUR mil | 114 | 120 | 127 |
| Operating Profit | EUR mil | 288 | 282 | 280 |
| Provisions | EUR mil | 79.3 | 75.8 | 59.2 |
| Net Profit | EUR mil | 164 | 157 | 175 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Interbank Loans | EUR mil | 179 | 112 | 90.9 |
| Customer Loans | EUR mil | 9,126 | 10,725 | 12,001 |
| Total Assets | EUR mil | 12,626 | 14,037 | 14,971 |
| Shareholders' Equity | EUR mil | 1,498 | 1,505 | 1,633 |
| Interbank Borrowing | EUR mil | 774 | 855 | 769 |
| Customer Deposits | EUR mil | 8,553 | 9,565 | 9,939 |
| Issued Debt Securities | EUR mil | 1,600 | 1,915 | 2,453 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 11.2 | 10.4 | 11.2 |
| ROA | % | 1.35 | 1.18 | 1.21 |
| Costs (As % Of Assets) | % | 2.17 | 2.05 | 1.84 |
| Costs (As % Of Income) | % | 47.8 | 49.2 | 48.8 |
| Capital Adequacy Ratio | % | 15.6 | 17.2 | 18.2 |
| Net Interest Margin | % | 3.39 | 3.00 | 2.65 |
| Loans (As % Of Deposits) | % | 107 | 112 | 121 |
| NPLs (As % Of Loans) | % | 6.40 | 4.90 | 4.13 |
| Provisions (As % Of NPLs) | % | 48.7 | 55.0 | 73.9 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | 1.68 | 0.527 | -1.50 |
| Operating Cost Growth | % | -2.99 | 3.38 | -2.31 |
| Operating Profit Growth | % | 6.37 | -2.09 | -0.716 |
| Net Profit Growth | % | 12.4 | -4.34 | 11.6 |
| Customer Loan Growth | % | 10.2 | 17.5 | 11.9 |
| Total Asset Growth | % | 7.92 | 11.2 | 6.65 |
| Customer Deposit Growth | % | 8.82 | 11.8 | 3.92 |
| Shareholders' Equity Growth | % | 4.90 | 0.477 | 8.46 |
| Employees | 3,987 | 4,098 | 3,942 | |
Get all company financials in excel:
| summary | Unit | 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 | ... | 403 | 391 | 413 | 422 | 412 | |||||||||||||
| Total Revenues | EUR mil | ... | 526 | 482 | 531 | 544 | 553 | |||||||||||||
| Operating Profit | EUR mil | ... | 290 | 227 | 266 | 271 | 288 | |||||||||||||
| Net Profit | EUR mil | ... | 177 | 120 | 135 | 146 | 164 | |||||||||||||
| balance sheet | ||||||||||||||||||||
| Interbank Loans | EUR mil | ... | 502 | 581 | 772 | 611 | 179 | |||||||||||||
| Customer Loans | EUR mil | ... | 7,267 | 7,527 | 7,574 | 8,283 | 9,126 | |||||||||||||
| Debt Securities | EUR mil | ... | 2,955 | 2,648 | 2,835 | 2,126 | 2,497 | |||||||||||||
| Total Assets | EUR mil | ... | 11,131 | 11,216 | 11,556 | 11,699 | 12,626 | |||||||||||||
| Shareholders' Equity | EUR mil | ... | 1,115 | 1,322 | 1,379 | 1,428 | 1,498 | |||||||||||||
| Interbank Borrowing | EUR mil | ... | 688 | 667 | 782 | 744 | 774 | |||||||||||||
| Customer Deposits | EUR mil | ... | 7,487 | 7,633 | 7,838 | 7,859 | 8,553 | |||||||||||||
| Issued Debt Securities | EUR mil | ... | 1,660 | 1,418 | 1,405 | 1,469 | 1,600 | |||||||||||||
| ratios | ||||||||||||||||||||
| ROE | % | ... | 16.4 | 9.82 | 10.0 | 10.4 | 11.2 | |||||||||||||
| ROA | % | ... | 1.62 | 1.07 | 1.19 | 1.25 | 1.35 | |||||||||||||
| Costs (As % Of Assets) | % | ... | 2.16 | 2.28 | 2.33 | 2.34 | 2.17 | |||||||||||||
| Costs (As % Of Income) | % | ... | 44.9 | 53.0 | 50.0 | 50.1 | 47.8 | |||||||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 10.6 | 16.0 | 16.8 | 16.1 | 15.6 | |||||
| Net Interest Margin | % | ... | 3.68 | 3.50 | 3.62 | 3.63 | 3.39 | |||||||||||||
| Interest Income (As % Of Revenues) | % | ... | 76.6 | 81.2 | 77.7 | 77.6 | 74.5 | |||||||||||||
| Fee Income (As % Of Revenues) | % | ... | 20.6 | 22.8 | 18.9 | 18.7 | 21.3 | |||||||||||||
| Staff Cost (As % Of Total Cost) | % | ... | 44.0 | 38.2 | 40.6 | 40.8 | 43.3 | |||||||||||||
| Equity (As % Of Assets) | % | ... | 10.0 | 11.8 | 11.9 | 12.2 | 11.9 | |||||||||||||
| Loans (As % Of Deposits) | % | ... | 97.1 | 98.6 | 96.6 | 105 | 107 | |||||||||||||
| Loans (As % Assets) | % | ... | 65.3 | 67.1 | 65.5 | 70.8 | 72.3 | |||||||||||||
| NPLs (As % Of Loans) | % | ... | 6.73 | 6.08 | 5.84 | 5.64 | 6.40 | |||||||||||||
| Provisions (As % Of NPLs) | % | ... | 67.3 | 70.1 | 73.2 | 74.4 | 48.7 | |||||||||||||
| valuation | ||||||||||||||||||||
| Book Value Per Share Growth | % | ... | ... | 8.65 | -2.89 | 5.49 | 2.19 | -2.32 |
| income statement | Unit | 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 | ... | 541 | 543 | 528 | 514 | 485 | |||||||||||||
| Interest Cost | EUR mil | ... | 138 | 152 | 116 | 92.2 | 73.4 | |||||||||||||
| Net Interest Income | EUR mil | ... | 403 | 391 | 413 | 422 | 412 | |||||||||||||
| Net Fee Income | EUR mil | ... | 108 | 110 | 100 | 102 | 117 | |||||||||||||
| Other Income | EUR mil | ... | 14.6 | -19.1 | 17.8 | 20.0 | 23.4 | |||||||||||||
| Total Revenues | EUR mil | ... | 526 | 482 | 531 | 544 | 553 | |||||||||||||
| Staff Cost | EUR mil | ... | 104 | 97.4 | 108 | 111 | 114 | |||||||||||||
| Depreciation | EUR mil | ... | 32.6 | 30.7 | 27.8 | 28.8 | 28.0 | |||||||||||||
| Other Cost | EUR mil | ... | 99.8 | 127 | 130 | 133 | 122 | |||||||||||||
| Operating Cost | EUR mil | ... | 236 | 255 | 265 | 273 | 264 | |||||||||||||
| Operating Profit | EUR mil | ... | 290 | 227 | 266 | 271 | 288 | |||||||||||||
| Provisions | EUR mil | ... | 67.9 | 80.0 | 87.9 | 86.3 | 79.3 | |||||||||||||
| Extra and Other Cost | EUR mil | ... | -0.850 | -1.21 | -2.03 | -4.76 | -4.43 | |||||||||||||
| Pre-Tax Profit | EUR mil | ... | 223 | 148 | 180 | 190 | 214 | |||||||||||||
| Tax | EUR mil | ... | 45.6 | 28.1 | 44.6 | 43.8 | 49.7 | |||||||||||||
| Minorities | EUR mil | ... | 0 | 0 | 0 | 0 | 0 | |||||||||||||
| Net Profit | EUR mil | ... | 177 | 120 | 135 | 146 | 164 | |||||||||||||
| growth rates | ||||||||||||||||||||
| Net Interest Income Growth | % | ... | ... | 8.65 | -2.89 | 5.49 | 2.19 | -2.32 | ||||||||||||
| Net Fee Income Growth | % | ... | ... | 0.636 | 1.10 | -8.48 | 1.60 | 15.3 | ||||||||||||
| Total Revenue Growth | % | ... | ... | 6.74 | -8.40 | 10.2 | 2.42 | 1.68 | ||||||||||||
| Operating Cost Growth | % | ... | ... | 3.78 | 7.97 | 3.99 | 2.75 | -2.99 | ||||||||||||
| Operating Profit Growth | % | ... | ... | 9.28 | -21.8 | 17.2 | 2.10 | 6.37 | ||||||||||||
| Pre-Tax Profit Growth | % | ... | ... | 17.7 | -33.6 | 21.6 | 5.50 | 12.6 | ||||||||||||
| Net Profit Growth | % | ... | ... | 17.7 | -32.3 | 12.9 | 7.89 | 12.4 | ||||||||||||
| market share | ||||||||||||||||||||
| Market Share in Revenues | % | ... | 21.5 | 23.0 | 22.9 | 22.1 | 24.3 | |||||||||||||
| Market Share in Net Profit | % | ... | 26.2 | 24.9 | 24.6 | 26.0 | 27.0 | |||||||||||||
| Market Share in Employees | % | 22.0 | 21.5 | 21.4 | 21.2 | 21.1 | ||||||||||||||
| Market Share in Bank Cards | % | ... | ... | 24.8 | 29.0 | 27.4 | 25.8 | 24.4 | ||||||||||||
| Market Share in Debit Cards | % | ... | ... | 20.3 | 23.6 | 22.6 | 21.7 | 20.6 | ||||||||||||
| Market Share in Credit Cards | % | ... | ... | 49.8 | 64.1 | 60.1 | 53.3 | 50.5 | ||||||||||||
| Market Share in Branches | % | 24.2 | 23.3 | 25.8 | 25.3 | 24.7 |
| balance sheet | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | ||||||||||||||||||||
| Cash | EUR mil | ... | 91.0 | 151 | 96.8 | 405 | 469 | |||||||||||||
| Interbank Loans | EUR mil | ... | 502 | 581 | 772 | 611 | 179 | |||||||||||||
| Customer Loans | EUR mil | ... | 7,267 | 7,527 | 7,574 | 8,283 | 9,126 | |||||||||||||
| Retail Loans | EUR mil | ... | ... | ... | ... | ... | 4,043 | 4,282 | 4,487 | 4,888 | 5,159 | |||||||||
| Mortgage Loans | EUR mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2,716 | 2,830 | 2,899 | 3,208 | 3,557 | |||||
| Consumer Loans | EUR mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,327 | 1,383 | 1,657 | 1,684 | 1,602 | |||||
| Corporate Loans | EUR mil | ... | ... | ... | ... | ... | 3,073 | 3,085 | 2,942 | 3,248 | 3,506 | |||||||||
| Debt Securities | EUR mil | ... | 2,955 | 2,648 | 2,835 | 2,126 | 2,497 | |||||||||||||
| Fixed Assets | EUR mil | ... | 218 | 216 | 206 | 170 | 170 | |||||||||||||
| Total Assets | EUR mil | ... | 11,131 | 11,216 | 11,556 | 11,699 | 12,626 | |||||||||||||
| Shareholders' Equity | EUR mil | ... | 1,115 | 1,322 | 1,379 | 1,428 | 1,498 | |||||||||||||
| Of Which Minority Interest | EUR mil | ... | 0 | 0 | 0 | 0 | 0 | |||||||||||||
| Liabilities | EUR mil | ... | 10,016 | 9,894 | 10,177 | 10,271 | 11,127 | |||||||||||||
| Interbank Borrowing | EUR mil | ... | 688 | 667 | 782 | 744 | 774 | |||||||||||||
| Customer Deposits | EUR mil | ... | 7,487 | 7,633 | 7,838 | 7,859 | 8,553 | |||||||||||||
| Sight Deposits | EUR mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Term Deposits | EUR mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Issued Debt Securities | EUR mil | ... | 1,660 | 1,418 | 1,405 | 1,469 | 1,600 | |||||||||||||
| Other Liabilities | EUR mil | ... | 180 | 177 | 153 | 198 | 200 | |||||||||||||
| asset quality | ||||||||||||||||||||
| Non-Performing Loans | EUR mil | ... | 494 | 462 | 462 | 488 | 565 | |||||||||||||
| Gross Loans | EUR mil | ... | 7,334 | 7,607 | 7,913 | 8,646 | 8,829 | |||||||||||||
| Total Provisions | EUR mil | ... | 332 | 324 | 339 | 363 | 275 | |||||||||||||
| growth rates | ||||||||||||||||||||
| Customer Loan Growth | % | ... | ... | 12.9 | 3.58 | 0.634 | 9.35 | 10.2 | ||||||||||||
| Retail Loan Growth | % | ... | ... | ... | ... | ... | ... | 8.15 | 5.90 | 4.81 | 8.92 | 5.55 | ||||||||
| Mortgage Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 9.69 | 4.21 | 2.42 | 10.6 | 10.9 | ||||
| Consumer Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 5.13 | 4.20 | 19.9 | 1.63 | -4.88 | ||||
| Corporate Loan Growth | % | ... | ... | ... | ... | ... | ... | 18.3 | 0.371 | -4.61 | 10.4 | 7.93 | ||||||||
| Total Asset Growth | % | ... | ... | 3.46 | 0.761 | 3.04 | 1.23 | 7.92 | ||||||||||||
| Shareholders' Equity Growth | % | ... | ... | 6.85 | 18.5 | 4.37 | 3.53 | 4.90 | ||||||||||||
| Customer Deposit Growth | % | ... | ... | 3.06 | 1.94 | 2.69 | 0.269 | 8.82 | ||||||||||||
| market share | ||||||||||||||||||||
| Market Share in Customer Loans | % | ... | 20.0 | 20.3 | 19.3 | 19.8 | 20.1 | |||||||||||||
| Market Share in Corporate Loans | % | ... | ... | ... | ... | ... | 19.8 | 20.6 | 20.1 | 22.6 | 22.4 | |||||||||
| Market Share in Retail Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 27.3 | 27.2 | 31.5 | 29.6 | 25.9 | |||||
| Market Share in Consumer Loans | % | ... | ... | ... | ... | ... | 23.5 | 22.8 | 21.8 | 21.2 | 19.9 | |||||||||
| Market Share in Mortgage Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 22.0 | 20.7 | 19.0 | 18.5 | 18.0 | |||||
| Market Share in Total Assets | % | ... | 18.9 | 18.8 | 18.9 | 18.2 | 18.3 | |||||||||||||
| Market Share in Customer Deposits | % | ... | 18.7 | 18.0 | 17.7 | 17.1 | 17.0 |
| ratios | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | ||||||||||||||||||||
| ROE | % | ... | 16.4 | 9.82 | 10.0 | 10.4 | 11.2 | |||||||||||||
| ROA | % | ... | 1.62 | 1.07 | 1.19 | 1.25 | 1.35 | |||||||||||||
| Costs (As % Of Assets) | % | ... | 2.16 | 2.28 | 2.33 | 2.34 | 2.17 | |||||||||||||
| Costs (As % Of Income) | % | ... | 44.9 | 53.0 | 50.0 | 50.1 | 47.8 | |||||||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 10.6 | 16.0 | 16.8 | 16.1 | 15.6 | |||||
| Tier 1 Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 10.8 | 15.1 | 15.9 | 16.0 | 15.5 | |||||
| Net Interest Margin | % | ... | 3.68 | 3.50 | 3.62 | 3.63 | 3.39 | |||||||||||||
| Interest Spread | % | ... | ... | 3.54 | 3.34 | 3.49 | 3.52 | 3.30 | ||||||||||||
| Asset Yield | % | ... | 4.95 | 4.86 | 4.64 | 4.42 | 3.99 | |||||||||||||
| Cost Of Liabilities | % | ... | ... | 1.40 | 1.53 | 1.15 | 0.901 | 0.686 | ||||||||||||
| Interest Income (As % Of Revenues) | % | ... | 76.6 | 81.2 | 77.7 | 77.6 | 74.5 | |||||||||||||
| Fee Income (As % Of Revenues) | % | ... | 20.6 | 22.8 | 18.9 | 18.7 | 21.3 | |||||||||||||
| Other Income (As % Of Revenues) | % | ... | 2.77 | -3.97 | 3.35 | 3.68 | 4.23 | |||||||||||||
| Cost Per Employee | USD per month | ... | 2,962 | 2,604 | 3,008 | 3,015 | 2,742 | |||||||||||||
| Cost Per Employee (Local Currency) | EUR per month | ... | 2,130 | 2,028 | 2,266 | 2,339 | 2,392 | |||||||||||||
| Staff Cost (As % Of Total Cost) | % | ... | 44.0 | 38.2 | 40.6 | 40.8 | 43.3 | |||||||||||||
| Equity (As % Of Assets) | % | ... | 10.0 | 11.8 | 11.9 | 12.2 | 11.9 | |||||||||||||
| Loans (As % Of Deposits) | % | ... | 97.1 | 98.6 | 96.6 | 105 | 107 | |||||||||||||
| Loans (As % Assets) | % | ... | 65.3 | 67.1 | 65.5 | 70.8 | 72.3 | |||||||||||||
| NPLs (As % Of Loans) | % | ... | 6.73 | 6.08 | 5.84 | 5.64 | 6.40 | |||||||||||||
| Provisions (As % Of NPLs) | % | ... | 67.3 | 70.1 | 73.2 | 74.4 | 48.7 | |||||||||||||
| Provisions (As % Of Loans) | % | ... | 4.57 | 4.31 | 4.47 | 4.38 | 3.01 | |||||||||||||
| Cost of Provisions (As % Of Loans) | % | ... | 0.991 | 1.08 | 1.16 | 1.09 | 0.911 |
| other data | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| other data | ||||||||||||||||||||
| Branches | 250 | 247 | 244 | 239 | 234 | |||||||||||||||
| Employees | 4,062 | 4,003 | 3,965 | 3,961 | 3,987 | |||||||||||||||
| ATMs | ... | ... | 560 | 566 | 573 | 572 | 572 | |||||||||||||
| Payment Cards | '000 | ... | ... | 1,327 | 1,328 | 1,313 | 1,298 | 1,297 | ||||||||||||
| Debit Cards | '000 | ... | ... | 920 | 940 | 940 | 949 | 951 | ||||||||||||
| Credit Cards | '000 | ... | ... | 408 | 388 | 373 | 349 | 346 | ||||||||||||
| Sight (As % Of Customer Deposits) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Get all company financials in excel:
By Helgi Library - December 12, 2019
VUB Banka's customer loans reached EUR 12,001 mil in 2017, up 11.9% compared to the previous year. Slovak banking sector provided customer loans of EUR 54.8 bil in 2017, up 9.56% when compared to the last year. VUB Banka accounted for 22.7% of all custome...
By Helgi Library - May 23, 2018
VUB Banka's net interest margin amounted to 2.65% in 2017, down from 3.00% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.68% in 2011 and an all time low of 2.65% in 2017. The average margin in ...
By Helgi Library - May 23, 2018
VUB Banka's net interest margin amounted to 2.65% in 2017, down from 3.00% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.68% in 2011 and an all time low of 2.65% in 2017. The average margin in ...
By Helgi Library - May 23, 2018
VUB Banka made a net profit of EUR 175 mil in 2017, up 11.6% compared to the previous year. This implies a return on equity of 11.2%. Historically, the bank’s net profit reached an all time high of EUR 177 mil in 2011 and an all time low of EUR 31.1 mil in ...
By Helgi Library - May 23, 2018
VUB Banka made a net profit of EUR 175 mil in 2017, up 11.6% compared to the previous year. This implies a return on equity of 11.2%. Historically, the bank’s net profit reached an all time high of EUR 177 mil in 2011 and an all time low of EUR 31.1 mil in ...
By Helgi Library - December 12, 2019
VUB Banka's customer deposits reached EUR 9,939 mil in 2017, up 3.92% 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. VUB Banka accounted for 18.3% of all cu...
By Helgi Library - December 12, 2019
VUB Banka's customer deposits reached EUR 9,939 mil in 2017, up 3.92% 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. VUB Banka accounted for 18.3% of all cu...
By Helgi Library - July 16, 2018
VUB Banka generated total banking revenues of EUR 547 mil in 2017, down 1.50% 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. As a ...
By Helgi Library - July 16, 2018
VUB Banka generated total banking revenues of EUR 547 mil in 2017, down 1.50% 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. As a ...
By Helgi Library - December 12, 2019
VUB Banka's consumer loans reached EUR 2,333 mil in 2017, up 4.69% compared to the previous year. Slovak banking sector provided consumer loans of EUR 7.45 bil in 2017, up 8.46% when compared to the last year. VUB Banka accounted for 23.4% of all consumer...
Všeobecná Úverová Banka (VÚB Banka) is the largest commercial bank in Slovakia with a market share exceeding 20%. 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, investment, short-term, subsidized, refinanced investment, and real estate project financing loans, as well as overdrafts, trade finance, and credit guarantees. At the end of 2013, the Bank employed nearly 4,000 persons and offered its products and services through a network of 244 branches and 573 ATMs. The Bank's parent company was Intesa Sanpaolo SpA.
VUB Banka has been growing its revenues and asset by 3.67% and 5.86% a year on average in the last 10 years. Its loans and deposits have grown by 12.0% and 4.98% a year during that time and loans to deposits ratio reached 121% at the end of 2017. The company achieved an average return on equity of 13.2% in the last decade with net profit growing 3.81% a year on average. In terms of operating efficiency, its cost to income ratio reached 48.8% in 2017, compared to 48.7% average in the last decade.
Equity represented 10.9% of total assets or 13.6% of loans at the end of 2017. VUB Banka's non-performing loans were 4.13% of total loans while provisions covered some 73.9% of NPLs at the end of 2017.
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