Banks in Slovakia are mainly focusedon the following areas:
Currently there are 23 credit institutions operating in Slovakia.
In 2023 consolidated banking assets in Slovakia were 122.85 bln EUR. The consolidated banking assets' evolution is shown at Chart 1 below.
Chart 1. Consolidated banking assets in Slovakia.
Recent structural changes (2013 - 2022) of the banking sector of Slovakia are summarised in Table 1.
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Opened Banks | 1 | 0 | 0 | 2 | 0 | 1 | 0 | 0 | 1 | 0 |
| Closed Banks | 0 | 0 | 2 | 0 | 3 | 0 | 0 | 0 | 2 | 1 |
| Change | +1 | 0 | -2 | +2 | -3 | +1 | 0 | 0 | -1 | -1 |
Table 1. Recent structural changes in the banking sector of Slovakia.
The list of the most recently opened banks in Slovakia is provided in Table 2.
| Name | Start Date |
|---|---|
 | June 2021 |
 | October 2018 |
 | December 2016 |
 | July 2016 |
 | August 2013 |
Table 2. The most recently opened banks in Slovakia.
All the credit institutions operating in Slovakia can be classified into several categories. Table 3 summarises the number of banks in each category.
| Category | Number of Banks |
|---|---|
| Banks | 8 |
| Branches of foreign banks | 12 |
| Central banks | 1 |
| Housing savings banks | 2 |
Table 3. Number of banks by category in Slovakia.
There are 12 branches of foreign banks from 6 different countries in Slovakia. Table 4 shows the number of branches grouped by the country of origin.
| Country of Origin | Number of Branches |
|---|---|
 Czech Republic | 4 |
 Austria | 3 |
 Poland | 2 |
 Netherlands | 1 |
 France | 1 |
 Ireland | 1 |
Table 4. Number of branches of foreign banks in Slovakia grouped by country of origin.
Deposit guarantee scheme is a financial stability mechanism implemented in many countries to protect bank depositors against the loss of their deposits in the case when a bank is unable to meet its obligations to depositors by compensating certain deposits held by depositors of the bank. This compensation is paid out from the contributions which banks have made into a deposit guarantee fund.
From a depositor's point of view it is important to know:
All these details about deposit guarantee scheme in Slovakia are summarised in Table 5.
Table 5. Deposit guarantee scheme in Slovakia.
In Slovakia there is one deposit guarantee fund, namely Deposit Protection Fund (DPF).
Moody's country ceilings for deposits specify the highest rating that can be assigned to local- or foreign- currency denominated deposit obligations of a bank or other deposit taking institution domiciled within that country.
Local currency (Euro) deposit ceiling for Slovakia is set to Aaa (prime), foreign currency deposit ceiling is Aaa (prime).
Chart 2. Deposit Rates in Slovakia. Source: ECB.
