June 28, 2017 8:40 AM ET

Banks

Company Overview of Abanka Vipa, d.d.

Company Overview

Abanka Vipa d.d. provides various banking and other financial services in Slovenia. It operates through three segments: Retail Banking, Corporate Banking, and Financial Markets. Its personal banking products and services include personal accounts; cards; consumer and housing loans; saving schemes; investment advice, stock brokerage, and mutual pension fund services; investment life, lump-sum, life, and accident insurance; safety-deposit boxes; and money transfer services. The company’s corporate banking products and services comprise accounts and cards; business financing; trade finance; and investment products, as well as advice on the spot or forward sales and purchases of foreign currency...

Slovenska Cesta 58

Ljubljana,  1517

Slovenia

Founded in 1955

1,169 Employees

Phone:

386 1 471 8100

Fax:

386 1 432 5165

Key Executives for Abanka Vipa, d.d.

Executive Director of Finance Division
Executive Director of Corporate Banking Division & Member of the Management Board
Director of Custody & Administrative Services Department
Director of Accounting Department - Finance Division
Director of the Investment Banking - Financial Markets Division
Compensation as of Fiscal Year 2016.

Abanka Vipa, d.d. Key Developments

Abanka Announces Non-Consolidated Earnings Results for the First Quarter of 2017

Abanka announced non-consolidated earnings results for the first quarter of 2017. For the quarter, the company reported that non-consolidated net profit dropped to €17.0 million from €20.2 million in the same period last year. Net interest income decreased 5.7% on the year to €19.0 million, while net fee and commission income increased by 5.7% to €10.8 million. The profit drop is primarily a result of €3.6 million less reversed impairments and provisions compared to the corresponding period last year.

Abanka Announces Consolidated Earnings Results for the Year 2016

Abanka announced consolidated earnings results for the year 2016. For the year, the company’s net profit surged to EUR 77.5 million from EUR 41.7 million in the previous year. Net interest income increased 2.1% on the year to EUR 78.7 million, while net fee and commission income fell 7.2% to EUR 38.9 million.

Abanka Reports Consolidated Earnings Results for the First Nine Months Ended September 2016

Abanka reported consolidated earnings results for the first nine months ended September 2016. For the period, the company reported consolidated net profit rose to EUR 67.4 million ($72.5 million) in the first nine months of 2016 from EUR 24.4 million a year earlier. Consolidated net interest income increased 3.5% on the year to EUR 59.9 million through September, while net fee and commission income fell 7.2% to EUR 29.8 million.

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