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CORPORATE NEWS

Tatra Banka gets first-ever credit line from EBRD

The European Bank for Reconstruction and Development (EBRD) signed an agreement for a subordinate credit line worth 25 million DM to Tatra Banka, a commercial bank in Slovakia, officials from both the bank and the EBRD announced. The 10-year credit line will, in accordance with Slovak banking legislation, augment Tatra Banka's capital base, expanding it to approximately 1.8 billion Sk. It will also allow the bank to provide loans up to 450 million Sk to a single client. This is the first such loan to a Slovak bank from abroad that has been approved by the Central Bank as supplementary capital to a bank and the first subordinate loan provided by the EBRD. According to officials at Raiffeisen Zentralbank, Tatra Banka's parent company, the EBRD participation represents a positive signal of the bank's growing reputation.

Top stories

Slovakia remains unknown in convention business

Ten MICE events in 2017 should bring almost €6.5 million to Bratislava.

The GLOBSEC security forum is one of the regular MICE events in Slovakia since 2005.

Kotleba should be defeated in election, not banned

More constitutional can be less democratic, and it is not clear that it always has the intended result. Perhaps the clearest historical case came with the rise of the Nazis in Germany.

Marian Kotleba

Slovakia to leave NATO is a hoax

The Slovak Spectator brings you a selection of hoaxes that appeared over the past week.

Some peple gathered at Slavin in Bratislava brought ani-NATO banners.

Fico: We cannot allow multi-speed EU to become divisive Video

Final session of the 12th edition of Globsec 2017 featured Slovak PM Robert Fico, Czech PM Bohuslav Sobotka, and President of the European Council, Donald Tusk, in a panel entitled European (Dis)Union?

Donald Tusk, Robert Fico, and Bohuslav Sobotka (left to right)