Mission of Abanka
Abanka’s strategy for the period 2016 to 2019 includes six key strategic guidelines that will help us fulfil our vision:
- to attract investors and achieve the appropriate credit rating;
- to merge the banks in operational terms and create a single work culture;
- to transact with households and SMEs in Slovenia;
- to transact with key corporate customers with an emphasis on the sale of a comprehensive range of banking products;
- to implement advanced technological and procedural solutions effectively; and
- to become the most sought after employer in the sector.
The trust of customers is our biggest asset.
With its advanced banking services, Abanka is clearly focused on the future. The security and reliability of operations, a wide range of banking services for retail and corporate customers, and the introduction of digital services that bring us closer to our customers are the bases on which we build trust. Our values are also part of our strategy:
- friendliness is our strength and our most sincere face;
- excellence in our operations and processes is based on the development of knowledge, systems and mutual relations;
- partnerships with external contractors and internal employees help build new value chains;
- innovativeness makes us a market leader and keeps us a step ahead of the competition; and
- execution is assurance that the bank will achieve its established objectives in a timely and high-quality manner.
History of Abanka
We pride ourselves on tradition, as Abanka began functioning back in 1955 as a branch of the Yugoslav Bank for Foreign Trade. The branch was renamed Jugobanka – Temeljna banka Ljubljana in 1977. At that time, we ranked third in terms of foreign operations within the Jugobanka system. The decision was taken by the board in December 1989 to transform the bank into Abanka, a public limited company, and to leave the Jugobanka system. A total of 26 branches operated in Slovenia at that time.
We began functioning independently as Abanka d.d. Ljubljana in January 1990. The bank was successfully merged with Banka Vipa d.d. on 31 December 2002 and was renamed Abanka Vipa d.d.
On 5 October 2015, the Slovenian banking system was introduced to the country’s second largest bank, which is built on the foundations of two reputable banks: Banka Celje with more than 150 years of tradition, and the technologically advanced, friendly and responsive Abanka. The merged bank operates under the name Abanka d.d., with its registered office at Slovenska cesta 58 in Ljubljana.
The bank focuses on retail banking and SMEs, but also provides a full range of banking services to large enterprises.
Ownership structure of Abanka
The bank’s Share capital totals EUR 151,000,000.00 and is divided into 15,100,000 ordinary no-par-value registered shares, all held by the Slovenian government.