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Tatiana Gecova, Eximbanka’s risk analyst, in a commentary for TREND.sk, evaluated the updates of the OECD classification in relation to the riskiness of individual countries.
Representatives of Eximbanka (Ing.Rastislav Podhorec, MBA, Milan Horvath, Igor Barát, Pavol Tavač) welcomed Richard Raši, the Chairman of the National Council of the Slovak Republic, at the bank’s premises today, 3 November 2025.
Read the interview with Miroslav Šmelko, Chairman of the Board of Edis v.v.d..
Slovarm is a Slovak manufacturer of fittings, valves, sanitary fittings and measuring equipment based in Myjava. The company has been on the market since 2000 and continues a long tradition of production in the region. It was established as the successor of Slovak Armatúrka Myjava, thus continuing the long tradition of manufacturing fittings for air, water, steam and central heating distribution.
EXIMBANKA SR, through its insurance division, signed on 17 October 2025 an insurance contract with UniCredit Bank Czech Republic and Slovakia for the insurance of a long-term export buyer credit to be provided to the Committee for Roads under the Ministry of Transport of Uzbekistan. The loan will finance the export contract of a Slovak exporter, Betamont of Zvolen, which exports and installs HSWIM dynamic weighing systems together with traffic monitoring and vehicle traffic violations, thus contributing to the improvement of road safety in Uzbekistan.
Betamont has been operating in Slovakia for more than 30 years. It focuses on the development and integration of proprietary intelligent technologies for road and rail transport. In the railway sector, it focuses mainly on signalling technology, while in road transport its systems fulfil mainly a notification and control function.
The company from Stara Ľubovňa started with welding of metal products, gradually expanded its activities to the production of components and today it can supply complete machines. Despite challenges such as the financial crisis, the company has managed to maintain its orders – in a critical period, it adapted by completely changing its production programme.
Pavol Tavač foto
At its October meeting, the OECD Consensus member countries decided on a new classification of the three countries. El Salvador and Mauritania improved by one level, while Senegal dropped by one level in the country risk ranking. El Salvador was helped by continued economic expansion, Mauritania by strong economic growth and fiscal consolidation, Senegal was hurt by the revelation of hidden debt and understated deficits. Thus, for export credit agencies such as Eximbank, El Salvador and Mauritania represent a lower level of risk and Senegal a higher level of risk as of October 10, 2025.
Today, 27 October 2025, the regular annual meeting of the Board of Eximbanka (Ing.Rastislav Podhorec, MBA, Milan Horvath, Pavol Tavač, Igor Barát) with representatives of the Board of Directors of VUB took place.
Export credit insurance confirms its key role in stabilising global trade. According to data from the Berne Union, the international union of credit and investment insurers, the sector recorded further strong growth in the first half of 2025. The total value of new commitments reached USD 2.7 trillion. Market dynamics were mainly supported by rising geopolitical risks, uncertainty in the global economy, increasing renewable energy deals and expanding credit support facilities for domestic producers.

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