ARTICLE
11 April 1997

Slovak News - March 97 - Revitalising Of The Banking Sector

Slovakia
The Board of the National Bank of Slovakia discussed the revitalisation process of the banking sector in Slovakia, especially with regard to the restructuring of loan portfolios.

The Board has decided on the legal limits on a bank's capital structure for this year.

In the case that these limits are not adhered to the National Bank of Slovakia may apply penalty measures in accordance with the Banking Act or withdraw banking licences.

The content of this article is intended to provide a general guide to the subject matter. It is therefore not a substitute for specialist advice.

For further information contact Ruth Clamp, Arthur Andersen Bratislava on tel: +421 7 5340 545, fax: +421 7 5340 542 or e:mail directly to ruth.a.clamp@ArthurAndersen.com or enter text search 'Arthur Andersen' and 'Business Monitor'.

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