Slovenská záručná a rozvojová banka

Name

Slovenská záručná a rozvojová banka

Legal name

Slovenská záručná a rozvojová banka, a. s.

Website

https://szrb.sk

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Development Banking

NAICS

Commercial Banking (522110), Commercial Banking (52211)

SIC

State Commercial Banks (6022)

akta.pro primary industry

SBA/Government-Backed & Development Finance Loans (FSAKAGAI)

akta.pro secondary industries

SBA/USDA Government-Backed Loan Intermediation (FSAEAEAI), SME Commercial Real Estate (CRE) Lending (FSABABAG), SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

Keywords

• SME lending
• Development banking
• Agricultural financing
• EU-guaranteed loans
• Micro-enterprise loans

Headquarters

HQ city

Bratislava

Offices12 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations

Revenue model

1. Interest Income from SME Lending: SZRB generates revenue primarily through interest income on loans provided to small and medium enterprises, farmers, and entrepreneurs. Interest rates vary by product, with some subsidized programs offering rates as low as 0% afterbonifikácia (interest subsidy from the Ministry of Finance).
2. Fee and Commission Income: The bank earns fees from loan origination, account management, payment transactions (SEPA, foreign payments), and other banking services. Fee schedules are published in the bank's fee catalogue (sadzobník poplatkov).
3. Deposit Interest Revenue: Net interest income from deposit products and lending activities. In 2024, net interest income reached 30.72 million EUR.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Slovenská záručná a rozvojová banka is a state-owned development bank that provides loan and guarantee products to small and medium enterprises (SMEs), entrepreneurs, and the agricultural sector in Slovakia. Its portfolio covers operating loans, investment loans, real-estate-secured business loans, agricultural land purchase loans, bridge financing tied to EU/subsidy payments, and EU guarantee-backed products (EIF InvestEU, NDF III.). The bank also offers deposit accounts, payment services, and Internet Banking to its clients.

Product overview

Slovenská záručná a rozvojová banka (SZRB) operates as a state-owned development bank focused exclusively on small and medium enterprises (SMEs) and agribusiness on the Slovak market. The product portfolio centers on a range of loan and credit products, broadly organized into three categories: (1) Development Financing (Rozvojové financovanie) via FlexiROZVOJ (real estate-secured loans up to 20 years); (2) Operating Financing (Prevádzkové financovanie) via direct loans, overdrafts, and IMPULZúver (long-term working capital up to 8 years); and (3) Agro Financing (Agro financovanie) comprising POĽNOúver (PPA-linked bridging loans), MOJA PÔDA (agricultural land loans up to 30 years), and FlexiAGRO (flexible real estate-secured agribusiness loans). EIF-guaranteed products (INVESTaktiv, Mikro-INVESTaktiv) and NDF III-guaranteed products form a distinct sub-portfolio offering reduced collateral requirements. The bank also provides deposit products, payment accounts, and Internet Banking. All products are accessible through the bank's headquarters in Bratislava and 9 regional offices across Slovakia.

Differentiator

Problem solved

Functional benefit

Products and services

• FlexiROZVOJ (Development Financing) Long-term business loan secured by residential, non-residential real estate or agricultural land for SME development financing. Features unusually long maturity up to 20 years, no purpose documentation required, 20% annual extraordinary repayment without fee, and 6-month principal repayment deferral option. Loan range 30,000–750,000 EUR.
• Priamy úver / Kontokorentný úver (Operating Financing)

Quantifiable outcome

• 39% year-over-year increase in new loans and guarantees in 2025, reaching nearly 194 million EUR
• +6 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered minor and core.

• University of Economics in Bratislava (EUBA)minorStrategic or Co-development Partner · 1 January 2025SZRB and EUBA signed a Memorandum of Understanding and Cooperation to connect academic education with practice. Bank management and experts deliver lectures on financing and credit risk management. Students work on real case studies from banking practice, with the best teams presenting solutions to a professional committee at SZRB.
• Ministry of Agriculture and Rural Development of the Slovak RepubliccoreStrategic or Co-development Partner · 1 February 2024The Ministry of Agriculture and Rural Development SR cooperates with SZRB on agricultural financing. SZRB supports farmers facing delayed payments from the Agricultural Payment Agency (PPA). In February 2024, Minister Richard Takáč met with SZRB management to discuss aid for farmers, including a scheme worth 278 million EUR from the Strategic Plan of the Common Agricultural Policy for financial instruments with banks.
• Ministry of Economy of the Slovak RepublicminorStrategic or Co-development Partner · 1 January 2024In 2024, SZRB signed cooperation agreements with the Ministry of Economy SR to co-finance projects supported by EU funds from the Recovery Plan (Plán obnovy) and Program Slovakia 2021–2027.
• Ministry of Investments, Regional Development and Informatisation of the Slovak RepublicminorStrategic or Co-development Partner · 1 January 2024SZRB signed cooperation agreements with the Ministry of Investments, Regional Development and Informatisation SR to implement investments from the Recovery Plan (Plán obnovy) and Program Slovakia 2021–2027.
• Slovak Bank Association (SBA)minorStrategic or Co-development Partner · 1 November 2021SZRB joined the Slovak Bank Association's Memorandum on Sustainable Business and Development on 30 November 2021, declaring its commitment to green principles in its business activities, relationships with stakeholders, clients, and environmental impact. Nine other Slovak banks also signed the memorandum.
• Housing Development Fund (ŠFRB)minorStrategic or Co-development PartnerSZRB is pursuing broader cooperation with the Housing Development Fund (ŠFRB) for potential joint financing programs, in addition to existing cooperation with ministries.

Scale indicators25 records

Recent moves6 records

Expansion highlights6 records

Others

• Council of Europe Development Bank (CEB): Multilateral development bank with which SZRB has an active framework agreement for SME and social development financing in Slovakia. Functions as both peer (in development finance) and counterparty (provides funding lines to SZRB).

Direct peers

• VÚB banka: Universal Slovak commercial bank (Intesa Sanpaolo subsidiary) competing for SME lending in the Slovak market. Comparable customer overlap but commercial, not state-mandated, business model.
• Slovenská sporiteľňa: Largest Slovak bank by deposits and a major SME lender, part of Erste Group. Serves overlapping SME and retail customers as SZRB but operates a fundamentally different commercial banking model.
• Tatra banka: Major Slovak commercial bank that competes for SME lending in the same market as SZRB, though as a full-service commercial bank rather than a specialized state development bank. Comparable market overlap on SME segment.
• EXIMBANKA SR (Slovenská exportná a dovozná banka): Slovak state-owned export and import bank, also under Ministry of Finance oversight. Comparable as a fellow Slovak state-owned specialized bank, though focused on export financing rather than SME/agricultural lending.
• ČMZRB (Českomoravská záruční a rozvojová banka): Czech-Moravian Guarantee and Development Bank is the closest structural analog to SZRB — a state-owned development bank providing SME and agricultural financing in the Czech Republic. Operates with a near-identical product portfolio of guarantee-backed loans, EU-funded programs, and regional agricultural lending.
• MFB (Magyar Fejlesztési Bank / Hungarian Development Bank): Hungarian state-owned development bank providing SME and corporate financing with EU-backed guarantee programs. Highly comparable structurally as a CEE state-owned development bank with a similar mandate and product set.

Broad incumbents

• NRW.BANK: German state-owned development bank of North Rhine-Westphalia providing SME and municipal financing. Comparable as a regional/state-level development bank with a similar SME-lending mandate and EU-aligned funding programs.
• Bpifrance: French state-owned public investment bank providing SME financing, guarantees, and innovation funding. Operates as a much larger version of the same state-backed development bank model SZRB represents, though at substantially greater scale and broader mandate.
• KfW (Kreditanstalt für Wiederaufbau): German state-owned development bank providing SME, infrastructure, and export financing. Highly comparable as a state development bank model, though KfW operates at vastly larger scale with international reach.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/slovenskazarucnaarozvojovabanka
• LinkedInlinkedin.com/company/szrb
• Instagraminstagram.com/szrb_sk

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

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 Slovenská záručná a rozvojová banka