Všeobecná úverová banka, a.s. (Slovakia)

Address

Mlynské nivy, 1, 82990, Bratislava, Slovakia

BIC

SUBASKBXXXX

Overview

Business Focus

universal banking

Všeobecná úverová banka (VUB Banka) is a universal bank, providing a wide range of retail, corporate and investment banking products and services to individuals, corporate and institutional clients. VUB Banka is focused on mortgages and consumer loans, deposit and payment products and services, corporate banking and foreign trade financing activities. Through its subsidiaries VUB Banka also offers leasing and factoring, retirement savings and insurance products.

Performance

In 2023, Všeobecná úverová banka, a.s. achieved the position of 2nd largest bank in Slovakia with a market share of 24.28%; its total assets grew by 6.61%.

Additionally, the bank became the 5th profitable bank in relation to its total assets showcasing 1.12% return on assets and 13.14% return on equity in 2023.

Also the lender held the 3rd position regarging its loans-to-deposits (L/D) registering 110.09% L/D ratio in 2023.

Deposit Protection

Deposits up to 100,000 EUR are covered by Slovakian deposit guarantee scheme in Všeobecná úverová banka, a.s.

Market Share (#2 in Slovakia)

Market Share of Všeobecná úverová banka, a.s.

Ratios

RoA

1.12%

RoE

13.14%

L/D

110.09%

Services

Retail Banking: VÚB offers a wide range of retail banking products and services, including accounts, debit cards, loans, mortgages, and insurance
Business Banking: VÚB provides business accounts, financing options, and electronic banking services to companies and entrepreneurs
Public Sector Banking: VÚB offers various forms of financing to municipalities (towns and villages) in the Slovak Republic
Private Banking: Exclusive banking services for exclusive clients; Comprehensive client care; Financial assets management
Multiple Ways to Bank: Secure online and mobile banking; convenient in-branch service

Products

Current Accounts: Online opening without a branch visit; Simple management via Mobile and Internet banking; Broad selection of payment cards
Debit Cards: Contactless payments via Apple Pay and Google Pay; Secure payments on the Internet via 3D Secure; ATM withdrawal via VÚB Mobil Banking
Credit Cards: Interest-free period; Revolving loan; Fee discount
Consumer Loans: No need to provide proof of the purpose; Green Loans; Refinancing Loans; Allowed Overdrafts
Mortgage Loans: Mortgage for housing; Mortgage with benefit for young people; Mortgage for Refinancing; General Mortgage
Investment Accounts: Combi-Products; Eurizon SK mutual funds; Investment savings SK; Eurizon Capital mutual funds
Deposit Accounts: Savings Accounts; Savings with Mortgage; Junior Savings Accounts; Senior Savings Accounts; Flexi-savings; Pension Savings; Term Deposits

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

SEPA Direct Debits B2B

Financials

Total Assets of Všeobecná úverová banka, a.s.

Net_income of Všeobecná úverová banka, a.s.

Total Assets (2023)

24,386.10 mln EUR (+6.61%)

Net Income (2023)

263.75 mln EUR (+55.58%)

Všeobecná úverová banka, a.s. is the 2nd largest bank in Slovakia in terms of total assets. In 2023 its total assets were 24 386,10 mln EUR, providing the bank with the market share of 24.28%. In 2023 the bank's net income was 263,75 mln EUR.

Credit Ratings

Fitch: BBB

AAA

AA+, AA, AA-

A+, A, A-

BBB+, BBB, BBB-

BB+, BB, BB-

B+, B, B-

CCC, CC, C, RD, D

Moodys: A2

Aaa

Aa1, Aa2, Aa3

A1, A2, A3

Baa1, Baa2, Baa3, Baa4

Ba1, Ba2, Ba3

B1, B2, B3

Caa1, Caa2, Caa3, Ca

Všeobecná úverová banka, a.s. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB (good credit quality). Long-term credit rating assigned to the bank by Moody's is A2 (upper medium grade).

Deposit Guarantee

Guarantee Fund

Deposit Protection Fund (DPF)

Protected Amount

up to 100,000 EUR

Eligible Depositors

natural persons
legal entities

Covered Accounts

any credit balance

Všeobecná úverová banka, a.s. participates in the deposit guarantee scheme of Slovakia which applies to any credit balance made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Všeobecná úverová banka, a.s. is a member of Deposit Protection Fund (DPF) and makes its contributions into it.