Ljubljana, 26 April (STA) - Deželna banka Slovenije (DBS), one of the smaller Slovenian banks, ended 2011 with a net loss of EUR 8.8m compared to a net profit of EUR 1.4m the year before.
Substantial provisions and write-downs, which more than doubled on the
year before, were the main reason for the loss, the bank said on
The bank said that despite the difficult situation it
preserved a stable capital structure, with its capital adequacy ratio at
11.93% and Tier 1 capital ratio at 10.85%.
Total assets dropped 9%
year-on-year to EUR 892.8m, which DBS says was done $with a view to
decreasing the costs of borrowing and increasing return on
DBS has a domestic market share by assets of about