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Country data
- Population:
- 5.4 million
- Area:
- 49,000 sq km
- Capital:
- Bratislava
- Currency:
- Euro
Key developments and challenges
Growth in the Slovak Republic remains well above the regional average. The continued expansion of a number of foreign owned manufacturing plants underlines the success of the country’s growth model.
Banks remain relatively sheltered from the European banking crisis, and continue to show growth in credit to the private sector. Traditionally prudent funding models have underpinned this success.
The government has made a promising start with a fiscal consolidation strategy. However, certain tax measures risk distorting private sector incentives.
More developments and challenges
Slovak Republic
Key facts about the EBRD's work in the Slovak Republic
|
No. of projects |
1263 |
|---|---|
|
Net business volume |
€1.7 billion |
|
Total project value |
€6.8 billion |
|
Gross disbursements |
€1.5 billion |
|
Portfolio in private sector |
100% |
Our strategy in Slovak Republic
The Bank’s priorities in the Slovak Republic are to foster the continued availability of credit to small and medium-sized enterprises (SMEs) and municipalities through local banks. The Bank will promote investments in the diversification of energy supply, in energy efficiency and renewable energy to enhance energy security, reduce energy intensity and meet environmental targets through the expansion of the existing Sustainable Energy Financing Facility.
NEWS
CONTACTS
Europeum Business Centre
Suché Mýto 1
81103 Bratislava
Slovak Republic
Tel: +421 2 59101700
Fax: +421 2 59101750