SID Bank has provided long-term financing to CETIS d.d. in the last three years.
CETIS, one of the leading European companies in security printing solutions, provides personal, travel, and transportation documents (biometric passports, identity cards, visas, birth certificates, and other civil status certificates, driver's licenses, etc.), as well as comprehensive identity management and document issuance solutions. With their printed products and state-of-the-art complementary solutions developed in-house, they are a reliable strategic partner to clients worldwide. They adhere to the highest international standards of security and quality, and the expertise of their professionals is based on a tradition of over two centuries.
In the past three years, SID Bank has approved long-term loans to CETIS for research, development, and innovation investments, as well as for the purchase of specialized machinery and new production equipment.
In particular, the recent purchase of new production equipment resulting from the last financing has enabled CETIS to print new Slovenian biometric identity cards. This highly demanding document represents the pinnacle of existing technology in this field, and CETIS, together with the Ministry of the Interior and the Ministry of Public Administration, received a prestigious international award for the best new identity card of the previous year in the Europe, Africa, and Middle East region in 2023.
With these actions, SID Bank follows its strategy of promoting development, research, and innovation in companies while contributing to the sustainable, innovative, and long-term development of the Slovenian economy.
SID Bank follows its strategy of promoting development, research, and innovation in companies while contributing to the sustainable, innovative, and long-term development of the Slovenian economy.
Representatives of 18 European development banks and incentive financial institutions, the European Investment Fund and the European Commission attended a high-level meeting in Ljubljana...