Spectator on facebook

Spectator on facebook

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

How the national emblem appeared – including so far secret communism designs

Even Slovaks often do not know why the national emblem depicts a white double-cross, and not the Kriváň peak, or the design by artist Vincent Hložník. They also do not know why it makes a difference whether it is…

Offical Slovak national emblem and colours

Bratislava Zoo will have new wolf breeding station

One of most significant investments of the Bratislava Zoo in the year 2017 will be the building of a new wolf breeding station.

Foreigners: Events around Slovakia Photo

Tips for performances and other events in the Slovak regions between February 17 and February 26, including a race on old wooden sleighs, an operetta premiere, a lot of jazz, classical and rock music, and more.

Rce in krňačky sleighing, Turecká 2017

Some food really is better in Austria, study finds

EC says its role is to monitor safety, not quality – but Slovaks want the same as Austrians, says minister.

Illustrative stock photo