Privatbanka products, services and reviews

About Privatbanka

Privatbanka, a.s. is a Slovak bank headquartered in Bratislava, licensed and supervised by the National Bank of Slovakia and participating in the national Deposit Protection Fund, which covers eligible deposits up to the statutory limit. The institution focuses on private banking and wealth management for affluent clients and selected corporate and institutional customers, with a product set that typically includes current and savings accounts, term deposits, discretionary portfolio management, investment advisory, brokerage and custody services, mutual funds, bonds, and structured solutions. It also offers tailored lending, including facilities secured by financial assets, alongside standard payment services such as SEPA and international transfers, payment cards, and online banking for account access and transaction initiation. The bank is majority-owned by the Penta Investments group. Service delivery relies primarily on relationship managers and appointment-based offices, with a comparatively small branch footprint, and onboarding generally entails enhanced KYC/AML procedures and higher minimum asset thresholds than retail banks. Pricing combines publicly available charges for standard banking operations with individually negotiated fees for private banking and investment mandates, and investment services are provided under MiFID II rules with associated risk classification and product governance. Deposits are covered by the Slovak guarantee scheme within limits, but securities and structured products are not, and exposures to bonds and similar instruments involve market, credit, and liquidity risks. Prospective clients should verify current eligibility criteria, fee schedules, and service availability before applying.