What Addiko Bank does

Addiko Bank AG is a Vienna-headquartered regional banking group specializing in consumer and SME lending across Central and Southeastern Europe (CSEE), operating through six wholly-owned subsidiary banks in Slovenia, Croatia, Bosnia & Herzegovina, Serbia, Montenegro, and Romania, plus its Austrian digital product business. The group serves approximately 70% of its assets in EU member states (Slovenia and Croatia) and 30% in EU accession economies (Bosnia & Herzegovina, Serbia, and Montenegro). Core products include unsecured consumer loans, SME credit lines, and retail deposit products (Tagesgeld flexible savings and Festgeld fixed-term deposits) distributed through digital channels, the subsidiary bank networks, and the Raisin/WeltSparen broker platform for German retail deposits. The bank positions itself under a 'Straightforward Banking' philosophy emphasizing product simplicity and transparency.

The group is publicly listed on the Vienna Stock Exchange (OTCMKTS: ADBKF), supervised by the Austrian Financial Market Authority (FMA) and the European Central Bank, and holds a Moody's Ba3 deposit rating with a ba2 baseline credit assessment (stable outlook, first assigned April 2019). It cleared the 2022 ECB Comprehensive Assessment with no capital gap. The business is organized around a four-member Management Board led by CEO Herbert Juranek (formerly COO of Erste Group), with CFO Edgar Flaggl, CRO Tadej Krašovec (formerly of NLB), and Chief Market, IT & Digitalization Officer Ganesh Krishnamoorthi (formerly of Western Union, easybank, and Anadi Bank).

The bank's monetization model is conventional deposit-funded net interest income, supplemented by fee income on lending and transaction banking. Recent strategic priorities include digitalization (Romania app-based lending launch in August 2025), SME ecosystem development through an EBRD partnership, and management of the resolution of competing takeover offers from NLB (revised €37/share) and Raiffeisen Bank International (€23.05/share), with the acceptance period closing July 22, 2026.

Name

Addiko Bank

Legal name

Addiko Bank AG

Website

https://addiko.com

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Addiko Bank AG is a Vienna-headquartered specialist consumer and SME bank operating through six subsidiary banks across Central and Southeastern Europe (Slovenia, Croatia, Bosnia & Herzegovina, Serbia, Montenegro, Romania), funded by retail deposits and channeled through digital and Raisin/WeltSparen broker distribution.

Ownership category

akta.pro rank

Product category

Retail and SME Banking

NAICS

Commercial Banking (522110), Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

SME Lending Platforms & Embedded SME Credit (FSAKAGAJ)

akta.pro secondary industries

Embedded Lending & Credit (POS, Working Capital, Credit Lines) (FSAGALAD), SME/Business Neobanks (FSABAFAB)

Keywords

• Consumer lending
• SME banking
• Savings accounts
• Digital banking
• Mortgage lending

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Pricing tiers

Distribution channels3 records

Marketing channels6 records

Core offering

Addiko Bank AG is a Vienna-based Consumer and SME specialist banking group that provides unsecured consumer lending (personal loans and app-based digital credits), SME banking and lending, and retail savings products such as Tagesgeld (flexible savings) and Festgeld (fixed-term deposits) through six subsidiary banks across Central and South-Eastern Europe plus digital channels in Austria and Germany. Its mortgage, public lending and large corporate lending portfolios are run down under a focused Consumer & SME strategy, with cross-border savings distribution via the Raisin/WeltSparen broker platform.

Product overview

Addiko Bank AG is a Vienna-based regional banking group operating as a Consumer and SME specialist bank across Central and Southeastern Europe. The bank operates through six subsidiary banks serving seven countries: Slovenia, Croatia, Serbia, Bosnia and Herzegovina, Montenegro, Romania, and Austria. The core product portfolio centers on consumer lending (unsecured personal loans and app-based digital credits) and SME banking services, complemented by retail savings products. For Austrian and German customers, Addiko offers digital banking products including Tagesgeld (flexible savings) and Festgeld (fixed-term deposits) accessible through online channels. The bank positions itself under a 'Straightforward Banking' philosophy, emphasizing simplicity and transparency in its product offerings. The banking network serves approximately 70% of assets in EU countries (Croatia and Slovenia) and about 30% in EU accession countries (Bosnia & Herzegovina, Serbia, and Montenegro).

Differentiator

Problem solved

Functional benefit

Products and services

• Consumer Lending (Unsecured Personal Loans & App-Based Digital Credits) Unsecured consumer lending products including personal loans and digital app-based credits offered to retail customers across Addiko's Central and South-Eastern European subsidiary markets.
• SME Banking & Lending Banking and lending services for small and medium-sized enterprises, including SME credit lines and SME Academy partnership programs with EBRD supporting business development.
• Addiko Tagesgeld Konto (Austria) Flexible demand-deposit savings account for Austrian customers, accessible through online channels at a 0.90% p.a. interest rate.
• Addiko Festgeld Konto (Austria) Fixed-term euro deposit account for Austrian customers with 0.95% p.a. for 12-month terms and 0.80% p.a. for 6-month terms.
• Digital Banking Products (Austria) Online banking platform and digital financial products for Austrian customers, accessible through web and app-based channels operated from the Addiko.at digital site.
• Digital Banking Products (Germany) Online euro savings products for German customers distributed through the Raisin/WeltSparen broker platform under the cross-border deposit offering.
• Addiko Bank Slovenia (Subsidiary Banking) Wholly-owned subsidiary bank operating in Slovenia, providing consumer and SME banking services as part of the Addiko regional network across Central and South-Eastern Europe.
• Addiko Bank Croatia (Subsidiary Banking) Wholly-owned subsidiary bank operating in Croatia, one of six subsidiary banks in the Addiko banking network.
• Addiko Bank Serbia (Subsidiary Banking) Wholly-owned subsidiary bank operating in Serbia, part of the Addiko group's regional banking presence.
• Addiko Bank Bosnia and Herzegovina (Subsidiary Banking) Wholly-owned subsidiary bank operating in Bosnia and Herzegovina through two entities (Banja Luka and Sarajevo branches).
• Addiko Bank Montenegro (Subsidiary Banking) Wholly-owned subsidiary bank operating in Montenegro, part of the Addiko regional banking network.
• Addiko Bank Romania (Subsidiary Banking) Wholly-owned subsidiary bank operating in Romania, where Addiko entered the digital banking market with app-based lending products in 2025.

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• European Bank for Reconstruction and Development (EBRD)coreStrategic or Co-development Partner · 23 September 2025Addiko Bank launched a regional SME Academy in partnership with EBRD, providing training and development programs for small and medium enterprises across Addiko's operating markets.
• Raisin DS GmbHcoreChannel Partner/ Reseller/ DistributorRaisin DS GmbH operates as the broker for Addiko Bank's savings products in Germany, distributing Addiko's Tagesgeld and Festgeld accounts via the WeltSparen platform (www.weltsparen.de).

Recent moves11 records

Expansion highlights6 records

Regional players

• Zagrebačka banka (UniCredit subsidiary): Croatia's largest bank, part of UniCredit Group, with comparable retail, SME, and corporate banking products in one of Addiko's core CSEE markets. Direct competitive overlap in Croatia's consumer and SME segments.
• Komercijalna Banka (Serbia): One of Serbia's largest banks with broad retail, SME, and corporate offerings. Directly comparable to Addiko Bank Serbia as a domestic competitor for consumer lending and SME banking share in the same Serbian market.
• Banca Transilvania: Romania's largest bank with strong SME and consumer franchise. Highly comparable to Addiko's Romania digital banking entry, representing the entrenched domestic competitor Addiko must displace or partner with to scale its 2025 Romania launch.

Broad incumbents

• UniCredit: Italian pan-European banking group with one of the largest CSEE networks (Croatia, Slovenia, Serbia, BiH, Romania, Bulgaria). Comparable in geographic overlap and SME/corporate banking, but operates at materially larger scale and broader product set.
• Intesa Sanpaolo: Italian banking group with significant CSEE operations via subsidiaries in Croatia, Slovenia, Serbia, and BiH. Comparable in retail and SME banking presence across Addiko's markets, though operating as a multi-country universal bank at greater scale.
• OTP Bank: Hungary-headquartered banking group with one of the largest CSEE/CSEE-adjacent networks (Hungary, Serbia, Croatia, Slovenia, Romania, Bulgaria). Highly comparable consumer and SME banking franchise overlapping Addiko's markets, with a similar 'specialised regional bank' profile.
• Erste Group Bank: Austria's largest banking group with dominant positions across CSEE (Czech Republic, Slovakia, Romania, Croatia, Serbia). Overlaps with Addiko's consumer/SME lending franchise and shares Austrian/Vienna roots, including alumni in Addiko's leadership (CEO Herbert Juranek ex-Erste COO).

Direct peers

• BAWAG Group: Vienna-based retail and SME-focused bank listed on the Vienna Stock Exchange with similar Austrian deposit-taking and consumer lending DNA. Operates with comparable 'straightforward banking' positioning and serves as a direct Austrian retail/SME peer to Addiko.
• Nova Ljubljanska Banka (NLB): Slovenia-headquartered banking group with the most directly comparable CSEE footprint (Slovenia, Serbia, BiH, Montenegro, North Macedonia, Kosovo) and similar Consumer/SME lending focus. NLB is also Addiko's primary bidder, making it the closest strategic and operational comparator.
• Raiffeisen Bank International (RBI): Vienna-headquartered banking group with deep CSEE franchise across CEE/SEE markets and Austrian retail/SME lending operations that overlap Addiko's core segments. RBI's competing bid for Addiko underscores the strategic and operational comparability between the two.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries6 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Addiko Bank