The social development bank for Europe


CEB Vice-Governor Tomáš Boček on an official visit to Slovenia

23 October 2019

PARIS - CEB Vice-Governor Tomáš Boček concluded an official visit to Slovenia where he held a series of meetings with senior government officials and mayors and also took part in the groundbreaking ceremony for a CEB-funded social housing project in Ljubljana.

Vice-Governor Tomáš Boček met, among others with, State Secretary of Ministry of Finance Metod Dragonja and Minister of Justice Andreja Katič. The exchanges focused on the ongoing CEB operations in Slovenia as well as perspective cooperation with Slovenia in the sectors of social housing, judicial and penitentiary infrastructure, environment, etc. 

Vice-Governor official visit Slovenia
Tomáš Boček, Črtomir Remec, Simon Zajc & Zoran Jankovic
On 22 October the Vice-Governor attended a ground breaking ceremony for Novo Brdo housing complex in Ljubljana, in the presence of the Minister of the Environment Simon Zajc, the Mayor of Ljubljana Zoran Janković and the Director of the Housing Fund of the Republic of Slovenia (HFRS) Črtomir Remec. Partially financed by a €50 million CEB loan to HFRS, the residential buildings will provide approximately 500 social and affordable housing units for low- and middle-income families.

This is one of the four such housing projects envisaged under the loan agreement in Ljubljana and Maribor, Slovenia’s biggest cities. The objective is to provide access to affordable rental housing to those who are increasingly priced out of the market, in particular young people under the age of 29 and the elderly. CEB-funded loan will directly contribute to an increase of Slovenia's public rental housing stock by 4%.

During his visit the Vice-Governor also met with the Mayor of Ljubljana Zoran Janković and Mayor of Maribor Sasa Arsenovič to discuss potential direct cooperation in supporting municipal infrastructure investments. In recent years the CEB has stepped up collaboration with sub-national governments, who are on the front line of implementing the policies and investment strategies to meet Europe’s challenges.

The Vice-Governor also paid a visit to SID Banka, with whom the CEB has a long-standing partnership. With a €50 million Programme Loan extended to SID Banka in 2017 the CEB is co-financing municipalities investing in modernisation of municipal local infrastructure and energy efficiency across Slovenia. Perspective cooperation was discussed to support Slovenian investments in the sectors of urban and rural infrastructure, environment and housing for elderly.

As he concluded his visit to Slovenia Vice-Governor Boček said: “In the past 15 years the CEB supported inclusive growth in Slovenia with €170 million in investments across different sectors. CEB’s flexible lending instruments are available to the Government to meet investment needs, particularly in social and affordable housing, judicial and penitentiary infrastructure, environment, healthcare, education and local infrastructure.”

Set up in 1956, the CEB (Council of Europe Development Bank) has 41 member states. Twenty-two Central, Eastern and South Eastern European countries, forming the Bank's target countries, are listed among the member states. As a major instrument of the policy of solidarity in Europe, the Bank finances social projects by making available resources raised in conditions reflecting the quality of its rating (AA+ with Fitch Ratings, outlook positive, AAA with Standard & Poor's, outlook stable and Aa1 with Moody's, outlook stable). It thus grants loans to its member states, and to financial institutions and local authorities in its member states for the financing of projects in the social sector, in accordance with its Articles of Agreement.

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