Slovakia
Japanese investor waits for Slovak c.bank approval
SLOVAKIA - Japanese company Japan Grade One Co Ltd. that wants to buy Devin banka through a 3-billion SKK capital injection has submitted all necessary documents to the National Bank of Slovakia (NBS) that the central bank needs to officially acknowledge…
National Bank of Slovakia - Annual Report 2000
ANNUAL REPORT - The Narodna Banka Slovenska, (National Bank of Slovakia) has published its Annual Report 2000. Marian Jusko, the governor of the bank, describes a period of continued macroeconomic stabilisation and a decrease in the currant account…
Slovakian cen bank asked to permit capital entry
SLOVAKIA - On 8 June a potential investor in Devin Banka, a.s. officially asked the National Bank of Slovakia (NBS) to permit acquisition of higher than a 50-percent stake in its share capital.
Slovakia approves central bank law amendment
SLOVAKIA - The Slovak parliament said on Apr 6 it had approved an amendment to the law on the central bank, aimed at harmonising the act with the European Union legislation.
New bill strengthens NBS supervisory powers
SLOVAKIA - The new bill on banks, which was approved by the Slovak government on Mar 28, 2001, should boost the powers of the National Bank of Slovakia to carry out banking supervision.
Currency crisis in emerging markets - predictable?
RESEARCH PAPER - Brazil and Argentina are among the countries most vulnerable to a currency crisis, according to a new model developed by a Dutch central bank economist which had been flashing warning signals about Turkey back in December 2000.
Slovak exchange rate mechanism to change for EU
Slovakia has to change its exchange rate regime before joining the European Union, Slovak Finance Minister Brigita Schmoegnerova said on Feb 25.
NBS Kohutikova expects GDP growth 2.8-3.2% in 01
According to preliminary results, GDP growth in Slovakia in 2000 should reach 2.1 percent, the Vice-Governor of the National Bank of Slovakia (NBS), Elena Kohutikova, told in her lecture on the NBS monetary policy, delivered at the Slovak-Austrian…
Slovak c.bank says no room now for rate cuts
The Slovak central bank (NBS) said its board had left interest rates unchanged at a monetary policy meeting on Jan. 29, 2001, and that potential risks to consumer price growth left no room for rate cuts at present. The bank board said it did not see…
Slovak cbank to lower reserve requirement in 2001
Some monetary policy instruments of the National Bank of Slovakia will undergo changes in the future, according to vice governor Elena Kohutikova.
NBS approves draft bank law, 2001 money programme
The board of the National Bank of Slovakia today approved the monetary programme for next year and the draft law on banks which is designed to bring Slovak banking closer to the EU rules, Jan Onda, spokesman for the NBS, said to reporters.
Jusko says Slovak crown's losses nothing special
The current losses posted by the Slovak crown to the euro are nothing unusual, Marian Jusko, the governor of the National Bank of Slovakia, told reporters today.
NBS raps Slovak government for spending plans
The Slovak central bank (NBS) has raised its 2001 inflation forecast to between 6.8% to 7.7%, local news agency SITA reported on Thursday, citing an NBS document commenting on the government's 2001 budget proposal.
Slovak central bank two day policy meeting
The board of the National Bank of Slovakia will hold a two-day meeting on current and 2001 monetary policy on Thursday and Friday, central bank spokesman Jan Onda said on Wednesday.