August 29 (SeeNews) - Slovenia's Probanka, in the process of orderly winding down its operations, said on Friday it turned to a net profit of 703,000 euro ($927,000) in the first half of 2014 from a net loss of 6.4 million euro a year ago.
Net interest income fell 29% to 3.8 million euro through June, the small Maribor-based private bank said in a bourse filing.
Total assets dropped to 501.2 million euro at the end of June from 513.7 million euro at the end of 2013.
In September 2013, Slovenia granted state guarantees on newly issued liabilities of Probanka and in November notified winding down plans for the lender, including asset divestment and the phasing out of its portfolio and activities until December 31, 2016.
Slovenia's banking sector required an injection of liquidity of several billion euro from the government late last year, narrowly avoiding an international bailout.
($=0.7583 euro)