Slovak banks need no state aid 

Slovakia is a country whose banking sector is among the least affected by the current global financial crisis.    

The sector enjoys high profits and liquidity, stable interest rates from credits – including those on the interbank market – as well as the low exposure of Slovak banks to risk assets.           

The Slovak banking sector was highly profitable in 2008, with sufficient liquidity and without any need for special state aid programmes.                                                                               

The risk that Slovak banks face the most now concerns the ability of enterprises to settle their debts stemming from loans.                                                                                              

According to the ministry, the initiative lays the groundwork for providing possible stabilisation aid to a bank afflicted by the global crisis. The assistance would feature the state depositing financial assets into a bank's basic capital, or it could be a state guarantee for bonds issued by the bank or a loan provided to the bank.