...Support Drives Ratings: Slovenska Sporitelna's Issuer Default Ratings (IDRs) reflect our opinion of an extremely high probability that the bank would be supported, if required, by its 100% owner, Erste Group Bank AG (A-/Stable/a-). The bank's IDRs are equalised with that of the parent, because Slovenska is an integral component of the Erste's business, as it provides banking products and services in one of Erste's core markets. Strong Standalone Profile: The bank's high Viability Rating (VR) reflects its conservative risk appetite, strong capitalisation, stable funding based on customer deposits and ample liquidity. Slovenska's established domestic franchise, consistent strategy and supportive operating environment underpin its healthy asset quality and solid through-the-cycle profitability are underpinned. Fast Growth, Prudent Underwriting: The bank's loan book has grown fast, although growth moderated in 2016 and is unlikely to accelerate in 2017 and beyond because of tightened underwriting...
