What Nova KBM does

Nova KBM, rebranded and now operating as OTP banka d.d. following its acquisition by Hungary's OTP Group, is a universal Slovenian bank and the controlling entity of OTP Skupina Slovenija. The group comprises four entities: the bank (OTP banka d.d.), a factoring subsidiary (OTP faktoring d.o.o.), and two leasing subsidiaries (SKB Leasing d.o.o. and SKB Leasing Select d.o.o., the latter the exclusive Slovenian carrier of Peugeot, Citroën, and DS Finance). The bank claims the largest branch network in Slovenia ("največ bančnih točk"), operates digital channels Bank@Net (web) and mBank@Net (mobile), and serves retail consumers, sole proprietors/SMEs, large corporates and the public sector, and an investor/wealth segment through Individual Investment Accounts (INR) and mutual fund distribution.

The product portfolio spans transaction account packages (Paket Komplet, Paket Ekstra, Net račun, Osebni Plus, Paketi za mlade), lending (Kredit Naprej cash loans, Stanovanjski krediti housing loans, sustainable financing), card products (Visa debit, deferred-payment and prepaid cards), savings and investments (Trojni Plus, INR, mutual funds from Sava Infond, Triglav Investments, RCM, Amundi, Moorea, BNP Paribas, and OTP skladi), insurance (Sava, Generali, Triglav, Groupama), and Premium/Private Banking with LoungeKey airport lounge access. Underlying technology centers on a multi-channel digital banking platform with web and mobile front-ends, mobile token and push notification authentication (first in the Slovenian market), Apple Pay, Google Wallet, and Garmin Pay, with accessibility compliance to WCAG 2.1 Level AA and EN 301 549 v3.2.1.

The revenue model is anchored in retail and corporate net interest income (lending products), recurring account/package fees (monthly subscription billing), transaction and card interchange fees, and distribution commissions from investment funds, insurance, and intra-group leasing and factoring. Reported FY2024 net profit of €311M and 18% ROE reflect post-merger profitability, with additional capital raised via a €300M bond listed on the Ljubljana Stock Exchange. Customer acquisition runs through the branch and postal partner network, digital self-serve onboarding (account opening in 1 minute via mBank@Net for users aged 15+), sports sponsorships (NK Maribor, RK Celje, Slovenian Olympic Committee 2024-2028), and a referral program ("Pripelji prijatelja").

Name

Nova KBM

Legal name

OTP banka d.d.

Website

https://nkbm.si

Company type

Private

Founded year

1862

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

OTP banka d.d. (formerly Nova KBM) is a Slovenian universal bank and the controlling entity of OTP Skupina Slovenija, comprising banking, factoring, and leasing subsidiaries. It serves retail, SME, corporate, and wealth customers through Slovenia's largest branch network, Bank@Net/mBank@Net digital channels, and a broad product portfolio.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (52211)

SIC

State Commercial Banks (6022)

akta.pro primary industry

General SME & Middle-Market Commercial Banking (FSABABAA)

akta.pro secondary industries

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC), Customer Experience & Engagement (CRM, Support, Rewards, Loyalty) (FSAGAAAM), Loan Operations & Servicing (Consumer/SME/Corporate) (FSABALAD)

Keywords

• Retail banking services
• Consumer lending
• Wealth management
• Corporate banking
• Digital banking

Headquarters

HQ city

Maribor

HQ country

Slovenia

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Retail Banking - Interest Income: OTP banka generates revenue primarily from interest income on retail and corporate lending products including cash loans (gotovinski krediti), housing loans (stanovanjski krediti), overdrafts (limiti), and business loans. Interest rate information is published on the bank's website.
2. Transaction and Account Fees: Monthly account management fees (e.g., Paket Komplet, Paket Ekstra, Net račun), payment transaction fees, and service charges. Fee schedule is publicly available on the bank's website.
3. Card Transaction Fees and Merchant Services: Revenue from payment card interchange, merchant acquiring (POS terminals), and card-related fees including annual fees and cash advance charges.
4. Investment Products Distribution: Distribution of mutual funds (OTP skladi, Sava Infond, Triglav Investments, Raiffeisen Capital Management, Amundi, Moorea, BNP Paribas), trading services (borzno posredovanje), and insurance products (life, property, travel, health insurance through Sava, Generali, Triglav, Groupama).
5. OTP Factoring: OTP faktoring d.o.o. (100% owned by OTP banka d.d.) generates revenue from factoring and receivables management services for corporate clients.
6. SKB Leasing: SKB Leasing d.o.o. and SKB Leasing Select d.o.o. generate revenue from vehicle and equipment leasing for corporate and individual clients. SKB Leasing Select is the exclusive carrier of Peugeot Finance, Citroën Finance, and DS Finance in Slovenia.

Pricing tiers

Go-to-market motion1 record

Distribution channels9 records

Marketing channels7 records

Core offering

OTP banka (formerly Nova KBM) is a Slovenian universal bank offering current accounts, consumer and housing loans, Visa payment cards, savings, mutual funds, insurance, and investment products to retail and corporate customers. The bank operates the largest branch network in Slovenia and delivers services digitally via Bank@Net (web) and mBank@Net (mobile), extended by subsidiaries OTP faktoring (factoring), SKB Leasing (vehicle and equipment leasing), and SKB Leasing Select (exclusive Slovenian carrier of Peugeot Finance, Citroën Finance, and DS Finance).

Product overview

Nova KBM (OTP banka) operates as a comprehensive banking platform with a multi-product, multi-channel architecture. The core digital banking experience centers on Bank@Net (online) and mBank@Net (mobile) platforms, supported by extensive branch network and contact center. The product portfolio encompasses transaction accounts (various Paket packages), lending products (Kredit Naprej cash loans, Stanovanjski krediti housing loans), card products (Visa debit, Visa deferred payment, prepaid cards), savings and investment products (Trojni Plus savings, Individualni naložbeni račun INR, mutual funds), insurance products, and premium/private banking services. The group structure includes subsidiaries OTP faktoring, SKB Leasing, and SKB Leasing Select, extending capabilities to factoring, leasing, and automotive financing. Digital innovation includes mobile payments (Apple Pay, Google Wallet, Garmin Pay), push notification authentication, and the mandatory mobile token system. The company emphasizes ESG-aligned sustainable financing and serves retail, SME, corporate, and public sector segments.

Differentiator

Problem solved

Functional benefit

Brands

• mBank@Net: Mobile banking application
• Bank@Net
• Premium
• Private Banking

Products and services

• Bank@Net Online Banking

Quantifiable outcome

• Net profit of 311 million euros and 18% return on equity (ROE) in 2024
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature4 records

Partnerships

22 partnerships are on record, tiered minor and core.

• Sava d.d.minorOthersSava d.d. is a contract partner of OTP banka, listed in the bank's data protection notice as a partner company. Sava operates in the insurance and tourism sectors in Slovenia.
• Generali d.d.coreOthersGenerali d.d. is a key insurance partner of OTP banka, offering life, property, and other insurance products through the bank's distribution channels. Products include Generali Varno življenje, Generali Varen Junior, Generali Varen Senior, and SMART Osebno zavarovanje.
• Triglav d.d.coreOthersTriglav d.d. is an insurance partner of OTP banka, providing insurance products distributed through the bank's network. OTP banka also distributes Triglav Investments mutual funds.
• Sava Infond d.o.o.coreOthersSava Infond is a fund management company whose mutual funds are distributed through OTP banka's branch network and investment platform. OTP banka publishes daily Sava Infond fund price news on its website.
• Raiffeisen Capital Management (RCM)coreOthersRaiffeisen Capital Management (RCM) is a fund management company whose mutual funds are distributed through OTP banka. OTP banka publishes daily RCM fund price news on its website.
• Sava pokojninska družba d.d.minorOthersSava pokojninska družba d.d. is a pension company listed as a contract partner of OTP banka in the bank's data protection documentation.
• Visa Europe LimitedcoreTechnology or IntegrationVisa Europe Limited is the payment card network partner of OTP banka, providing the infrastructure for Visa debit and credit cards. OTP banka issues Visa cards including debit cards, delayed payment cards (kartice z odloženim plačilom), and prepaid cards. The bank runs promotional campaigns with Visa such as installment purchases.
• Groupama Biztosító Zrt.coreOthersGroupama is an international insurance group with a Slovenian branch providing insurance products distributed through OTP banka, including Specialisti and Specialisti+ insurance products.
• Pošta Slovenije d.d.coreChannel Partner/ Reseller/ DistributorPošta Slovenije d.d. (Slovenian Post) is a key channel partner allowing OTP banka to serve customers at post office locations across Slovenia. Customers can open accounts, apply for products, and conduct transactions at postal branches.
• BNP ParibasminorOthersBNP Paribas is listed as a fund management partner of OTP banka, distributing BNP Paribas mutual funds through the bank's network.
• SalesforcecoreTechnology or IntegrationSalesforce provides marketing cloud personalization technology used on OTP banka's website, enabling user identification and personalized content delivery through cookies (_evga_xxxx, _sfid_xxxx, _evgn_xxxx).
• Google (Google Analytics)coreTechnology or IntegrationGoogle Analytics (_ga, _ga_8C31T1C4LL) is used by OTP banka to track and analyze website visitors, understand user behavior, optimize content placement, and improve website performance.
• HALcomcoreTechnology or IntegrationHALcom provides digital banking certificate infrastructure enabling secure login to Bank@Net com (business web banking) for OTP bank's business customers using HALcom certificates or mobile tokens.
• OTP faktoring d.o.o.coreOthersOTP faktoring d.o.o. is a wholly-owned subsidiary of OTP banka d.d. (100% ownership). It is one of the leading companies in Slovenia in the field of factoring and receivables management, providing liquidity services and financing of receivables for corporate clients.
• SKB Leasing d.o.o.coreOthersSKB Leasing d.o.o. is a subsidiary of OTP banka d.d. offering optimal vehicle and equipment leasing solutions for domestic legal entities, sole proprietors, civil law entities, and budget users. Offers financing for personal vehicles, commercial vehicles, and various equipment.
• SKB Leasing Select d.o.o.minorOthersSKB Leasing Select d.o.o. is a subsidiary of OTP banka d.d. and the exclusive carrier of Peugeot Finance, Citroën Finance, and DS Finance brands for Slovenia. Provides various financial products for easy purchase of new or used vehicles.
• NK Maribor (football club)minorOthersOTP banka is a proud sponsor of NK Maribor football club, extending the sponsorship for another four years. This sports sponsorship builds brand awareness and community engagement.
• RK Celje Pivovarna Laško (handball club)minorOthersOTP banka has extended its sponsorship agreement with RK Celje Pivovarna Laško handball club, building brand visibility through sports marketing.
• Slovenian Olympic Committee (OKS)minorOthersOTP banka remains the main sponsor of the Slovenian Olympic Committee for the 2024-2028 Olympic cycle with increased financial support. This is a flagship sponsorship agreement.
• OTP Fund Management Ltd.coreOthersOTP Fund Management Ltd. is the group's own fund management company in Slovenia, strengthening OTP Group's presence in the Slovenian capital market. Together with OTP banka, it successfully completed the acquisition of Primorski skladi d.o.o. in 2026.
• Apple PaycoreTechnology or IntegrationOTP banka's payment cards support Apple Pay for contactless mobile payments at physical and online merchants.
• Google Pay / Google WalletcoreTechnology or IntegrationOTP banka's payment cards support Google Pay and Google Wallet for contactless mobile payments.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Regional players

• PKO Bank Polski: PKO Bank Polski is the largest universal bank in Poland, with retail, SME, and corporate banking plus a growing regional presence (Ukraine, among others). It is a regional peer to OTP banka d.d.'s parent OTP Group in CEE universal banking, operating primarily in a different national market.

Broad incumbents

• Erste Group: Erste Group is a leading Austrian-headquartered CEE banking group operating across multiple Central and Eastern European markets, including Austria, Czechia, Slovakia, Hungary, Croatia, Serbia, and Romania. As a broad CEE incumbent with a similar universal banking model, it is a relevant comparable for OTP banka d.d.'s parent (OTP Group) and for the wider regional competitive set.
• Raiffeisen Bank International: Raiffeisen Bank International is an Austrian-headquartered universal bank with a major CEE franchise across 12+ markets, including Austria, Czechia, Slovakia, Hungary, Croatia, Serbia, Romania, and Bosnia. As a broad CEE incumbent offering corporate, retail, and investment banking, it is structurally comparable to OTP Group and therefore to its Slovenian subsidiary.
• KBC Group: KBC Group is a Belgian financial services group with a sizable CEE franchise in Czechia, Slovakia, Hungary, and Bulgaria, offering universal banking, insurance, and asset management. It is a broad incumbent comparable to OTP Group and to OTP banka d.d. in product breadth and regional scope.

Direct peers

• Addiko Bank: Addiko Bank is a mid-sized universal bank with retail and SME operations in Slovenia and across the Western Balkans / CEE, focused on consumer lending and deposits. It competes directly with OTP banka on retail packages, cash loans, and digital channels in the Slovenian market.
• Nova Ljubljanska Banka (NLB): NLB is the largest Slovenian banking group, the historical incumbent rival to Nova KBM / OTP banka in retail, SME, corporate, and public-sector banking. It offers directly comparable deposit, lending, payments, and investment products within the same Slovenian market, making it the most relevant head-to-head competitor.
• UniCredit Banka Slovenija: UniCredit Banka Slovenija is the local subsidiary of UniCredit, offering retail, SME, and corporate banking in Slovenia. It competes with OTP banka on the same customer segments with a pan-European parent's funding and product platform.
• Banca Intesa Sanpaolo (Slovenia): Banca Intesa Sanpaolo d.d. is the Slovenian subsidiary of Intesa Sanpaolo, providing retail, SME, and corporate banking domestically. It is a direct competitor to OTP banka in Slovenia's banking market, particularly for corporate and affluent retail customers.
• Deželna banka Slovenije: Deželna banka Slovenije is a Slovenian regional bank focused on retail and SME banking, with agricultural and cooperative-sector ties. It competes with OTP banka in Slovenia for retail deposits, lending, and payment services, particularly in regional segments.
• Gorenjska banka: Gorenjska banka is a Slovenian universal bank serving retail and SME customers with a regional focus. It is a smaller direct competitor to OTP banka in the domestic Slovenian market, competing for similar deposit and lending customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Customer concentration

• Facebookfacebook.com/nova.kbm
• LinkedInlinkedin.com/company/nova-kbm-d.d.

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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 Nova KBM