Financial stability

Services - Banks in Slovenia

Financial services according to the Article 5 of the Banking act are the following:

1. accepting deposits and other repayable funds from the public:

2. granting of loans, including:

  • consumer loans,
  • mortgage loans,
  • purchase of receivables with or without recourse (factoring),
  • financing of commercial transactions, including export financing based on the purchase of non-current non-past-due receivables at a discount and without recourse, secured by financial instruments (forfeiting);

3. financial leasing (lease or rent) of assets, where all material risks and benefits arising from ownership of the leased asset are transferred to the lessee, and where the transfer of ownership rights to the lessee is possible but not necessarily exercised;

4. payment services and electronic money issuing services;

5. issuing and managing other payment instruments (e.g. travellers’ cheques and bankers’ drafts), insofar as such services are not included in the services referred to in the previous point;

6. issuing of guarantees and other sureties;

7. trading for own account or for the account of clients:

  • in money-market instruments,
  • in foreign legal tender, including currency exchange transactions,
  • in standardised futures and options,
  • in currency and interest-rate instruments,
  • in transferable securities;

8. participation in securities issues and the provision of associated services;

9. corporate consultancy with regard to capital structure, operational strategy and related matters, and consultancy and services in connection with corporate mergers and acquisitions;

10. monetary intermediation on interbank markets;

11. investment management and related advisory services;

12. safekeeping of securities and other related services;

13. credit rating services: collecting, analysing and disseminating information regarding creditworthiness;

14. leasing of safe deposit boxes; and

15. investment services and transactions, and ancillary investment services in accordance with the ZTFI-1.

 

Ancillary financial services according to the first paragraph of the Article 6 of the Banking Act are the following:

1. brokerage in the sale of insurance policies pursuant to the law governing the insurance industry;

2. payment system administration services;

3. management of pension funds pursuant to the law governing pension and disability insurance;

4. custody services provided by a bank pursuant to any other law and custody-related services;

5. credit brokerage for consumer and other loans; and

6. other services or transactions that, taking into account the manner in which they are provided and the risks to which a bank is exposed in the provision thereof, have similar attributes to mutually recognised financial services or the services set out in points 1 to 5 of this paragraph.

 

Other financial services according to the second paragraph of the Article 6 of the Banking Act are the following:

1. provision of insurance or reinsurance services pursuant to the law governing the insurance industry;

2. pension company services pursuant to the law governing pension and disability insurance;

3. insurance agency or brokerage services pursuant to the law governing the insurance industry; and

4. investment fund management pursuant to the law governing investment funds