SID Bank
Issuer Profile SSA , 27. Mai
SID Bank is Slovenia's national development bank and authorized export-credit agency, 100% owned by the Republic of Slovenia.
With roughly 220 employees and a balance sheet total of EUR 2.7bn, the special financial services company provides financing within the framework of EU and OECD guidelines according to the Slovenian Export and Development Bank Act.
The net result 2024 amounted to EUR 9.0mn. The CET-1 total capital ratio advanced to 30.7%, while RWAs fell 6.0% to EUR 1.6bn.
Funding of financial liabilities (end of 2024 roughly EUR 2.2bn) of SID Bank are explicitly, unconditionally and irrevocably guaranteed by the Republic of Slovenia (A3/AA-/A).
SID Bank offers a green bond framework, having issued its inaugural green bond in 2018. The AA- rating with positive outlook from S&P is based on its critical role in supporting Slovenia’s government policies and integral link with the government, leading to an almost certain likelihood of extraordinary support in the event of financial distress.
With roughly 220 employees and a balance sheet total of EUR 2.7bn, the special financial services company provides financing within the framework of EU and OECD guidelines according to the Slovenian Export and Development Bank Act.
The net result 2024 amounted to EUR 9.0mn. The CET-1 total capital ratio advanced to 30.7%, while RWAs fell 6.0% to EUR 1.6bn.
Funding of financial liabilities (end of 2024 roughly EUR 2.2bn) of SID Bank are explicitly, unconditionally and irrevocably guaranteed by the Republic of Slovenia (A3/AA-/A).
SID Bank offers a green bond framework, having issued its inaugural green bond in 2018. The AA- rating with positive outlook from S&P is based on its critical role in supporting Slovenia’s government policies and integral link with the government, leading to an almost certain likelihood of extraordinary support in the event of financial distress.