SID – Slovenska izvozna in razvojna banka, d.d., Ljubljana (SID – Slovene Export and Development Bank Inc., Ljubljana, hereinafter SID Bank) is Slovenian promotional and development bank and the national export credit agency, established in 1992.
SID Bank is the parent company of the SID Bank Group. Beside SID Bank the group constitute also: SID – Prva kreditna zavarovalnica d.d., Ljubljana, credit insurance company, PRVI FAKTOR, faktoring družba, d.o.o., factoring company, and PRO KOLEKT, družba za izterjavo, d.o.o., debt collection company.
Ownership: Republic of Slovenia (100%), rating: Aa2, stable outlook (Moody’s – April, 2009)
Key figures: Total assets per 31.12.2009 were EUR 3,025 million, equity EUR 322 million.
SID Bank supports economic, structural, social and other policies through a variety of financial services and instruments providing them in the areas of market gaps and failures.
SID Bank activities are focused in the areas of international trade and economic cooperation, SMEs, entrepreneurship, research, development and innovation, preserving the environmnet and energy efficiency, regional development, commercial and public infrastructure and other areas, which are important for growth, development and prosperity of Republic of Slovenia.
SID Bank has a high quality credit portfolio and insurance portfolio, and experienced and committed management and employees.
SID Bank exercises strong international cooperation activities as a member of BU, ISLTC, EAPB and NEFI and has cooperation agreements with ECAs, banks and other financial institutions.