Eximbanka, through its banking and insurance activities, supported exports in 2024 in the total amount of 1 994,9 mil. EUR. According to the year-end data, Eximbanka’s equity exposure (the sum of bank and insurance exposure) in 2024 amounted to 1 179,6 mil. EUR, which represents one of the highest values during Eximbanka’s existence and an increase of 3,4% compared to the previous year.
The total bank exposure as at 31 December 2024 from loans granted, guarantees issued and other receivables amounted to 756,3 mil. EUR, which represents an increase compared to the end of 2023 by 76,5 mil. EUR, i.e. by 11.3%.
The total insurance exposure from the insurance of marketable and non-marketable risks amounted to 423,3 mil. EUR as of 31 December 2024, which represents a decrease by 37,7 mil. EUR, i.e. by 8,2%, compared to the end of 2023.
Eximbanka’s net income from banking activities in 2024 amounted to 30,5 mil EUR with a year-on-year increase of 14,4%. This increase was mainly due to an increase in banking exposures, an increase in interest income as well as changes in the terms and conditions of certain contractual relationships.
Eximbanka’s result for 2024 amounted to 737 thousand EUR, which represents an over-performance of 110,7% compared to the planned result (350 thousand EUR).
“In 2024, Eximbanka once again confirmed its key role in supporting Slovak exports. The increase in banking exposure and stable results of banking activities prove that our instruments effectively help Slovak companies to promote themselves on foreign markets. Our economic result was above the planned level, which is a testament to our financial stability and our ability to respond flexibly to changing conditions,” evaluated Rastislav Podhorec, CEO of Eximbanka.
Eximbanka has intensified its activities in the last year in order to bring Slovak exporters the best possible opportunities to succeed on foreign markets. In this context, Eximbanka has successfully introduced the EU Global Gateway initiative for Slovak entrepreneurs, organises Export Clubs to introduce individual world territories to exporters, cooperates in economic diplomacy, business missions and presentations, is present in the regions and in strengthening Slovak exports, and for this purpose the Slovak Government strengthened its capital last year.
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About Eximbanka
As the only direct instrument of the state for export promotion, the Eximbank is an important part of the chain responsible for promoting the country’s economic policy in the field of external economic relations. It offers a wide range of export-related financial products, especially credit insurance, financing and guarantees. As a state export credit agency, it enables Slovak exporters to enter into trade and investment relations where the commercial financial sector is less interested in taking on risk and therefore performs a complementary function.
Media contact Martina Vráblik Solčányiová
EXIMBANKA SR
Tel: +421 903 542 072