Acquiring a bank

Acquiring a bank is complicated transaction. It involves all the processes of acquisition including receiving financial regulatory approvals.

    Inhabitants - 2,000,092 (July 2011)

    Language - Slovenian (official) 91.1%, Serbo-Croatian 4.5%, other or unspecified 4.4%, Italian (official, only in municipalities where Italian national communities reside), Hungarian (official, only in municipalities where Hungarian national communities reside)

    Currency - EURO (EUR)

    Religion - Catholic 57.8%, Muslim 2.4%, Orthodox 2.3%, other Christian 0.9%, unaffiliated 3.5%, other or unspecified 23%, none 10.1% .

    Politics - The politics of Slovenia take place under the framework of a parliamentary, representative and democratic republic, wherein the Prime Minister of Slovenia is the head of government, and there is a multi-party system. Executive power is exercised by the government of Slovenia. Legislative power is vested in the National Assembly, and to a minor extent in the National Council. The judiciary of Slovenia is independent of the executive and the legislature.

  • Major industries - ferrous metallurgy and aluminum products, lead and zinc smelting, electronics (including military electronics), trucks, automobiles, electric power equipment, wood products, textiles, chemicals, machine tools

    Banks (2010) - 19 banks; 741 branches; 11,966 employees; assets – EUR 50.31 billion; loans – EUR 34.44 billion; deposits – EUR 23.50 billion.

    Banking regulations – The Bank of Slovenia is the central bank of the Republic of Slovenia and one of its responsibilities is carrying out banking supervision. The importance of supervisory transparency and accountability has been stressed by the Basel Committee on Banking Supervision and by the European legislation (namely Directives 2006/48/EC and 2006/49/EC). The Bank of Slovenia  publishes and gives access to information regarding the texts of laws, regulations, administrative rules and general guidance adopted in the field of prudential regulation and supervision of credit institutions in Slovenia. Since the introduction of the euro on 1 January 2007, the Bank of Slovenia, in carrying out its tasks, has fully abided by the provisions of the ESCB and ECB Statutes. The minimum capital requirement to set up a bank in Slovenia is EUR 5 million.