SID Banka and CEB Strengthen Cooperation to Support Affordable Housing and Local Infrastructure

SID Bank hosted representatives of the Council of Europe Development Bank (CEB), a long-standing partner in financing projects with a strong development and social impact. The visit provided an opportunity to further strengthen this partnership, which is now being expanded through two new loan agreements totalling EUR 200 million.

Photo, from left to right: Makedonka Mateska – CEB Senior Country Manager, Carlo Monticelli – CEB Governor, Stanka Šarc Majdič – Member of the Management Board of SID Banka, Mitja Mavko – Secretary General of SID Banka, Aleš Petkovšek – Director of the Treasury Department at SID Banka.

The larger loan of EUR 150 million will support the construction and renovation of affordable public rental housing across Slovenia. The financing, channelled through SID Bank, will be available to municipalities, public housing funds and non-profit housing providers. Together with an equivalent amount of financing from the European Investment Bank (EIB), the programme will provide a total of EUR 300 million, expected to support approximately 1,200 new or renovated homes.

An additional EUR 50 million will support municipal investments in local infrastructure and public services, including roads, water supply systems, schools, healthcare facilities and projects aimed at strengthening resilience to climate risks.

Cooperation between SID Bank and CEB helps channel long-term international financing towards projects that directly contribute to quality of life and to Slovenia’s balanced and sustainable development. The new financing also builds on more than a decade of cooperation between CEB and Slovenia in the area of affordable housing.

The partnership will continue to develop in the coming years. In 2027, Slovenia will host a CEB meeting in Ljubljana, providing an opportunity to showcase the country’s experience in addressing housing needs and supporting social investment.

For more information, please read the press release.