SLSP to pay out Sk2.2 billion in dividends

A REGULAR general assembly at Slovakia's largest bank, Slovenská sporiteľňa, agreed to pay its shareholders dividends totaling Sk2.2 billion (€60 million) from last year's profit of Sk3.3 billion.

Sk1.2 billion in profit was retained. The bank paid out dividends of Sk1.9 billion in 2004 from a profit of Sk2.8 billion.

In line with the bank's interest in investing in structured products, the general assembly also agreed to float bonds in the form of several issues this year and in 2007.

SLSP is 100-percent owned by the Austrian Erste Bank.

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