2019/05/22 / Erste Group Research |
Issuer Profile | SID Bank SID Bank is Slovenia's national promotional development bank and authorized export-credit agency, 100% owned by the Republic of Slovenia. Supported by a strong economy and expansion of its core portfolio of promotional instruments, SID Bank grew its loan book by close to 14% to more than EUR 1.4bn in 2018. Net income added 5% reaching EUR 12.4mn while regulatory ratios remained strong. On the capital market, just one EUR 75mn green bond until 2023 remains outstanding. The liabilities of SID Bank are guaranteed by the Republic of Slovenia. The rating on SID Bank A+ has been equalized with that of Slovenia. |
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Author | Erste Group Research |
Date | 2019/05/22 |
Language | |
Product name | Credit News |
Topic in focus | Credits/ Corporate bonds |
Economy in focus | Austria |
Currency in focus | Euro |
Sector in focus | - |
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