CERTIFICATE OF FINANCIAL RELIABILITY

What is the Certificate of financial reliability?
In the process of developing our models for the assessment of creditworthiness, we at the Prva bonitetna agencija, d.o.o., developed a model which, based on the data from financial statements and other publicly available business information, selects those economic entities for which the probability that in a period of one to two years there will appear any signs of impairment of their solvency, is negligible or virtually nil.

The Certificate of financial reliability is a document issued by Prva bonitetna agencija, d.o.o., to those economic entities belonging to an elite group, which represents only 5.99 % of all Slovenian economic entities and for which we as a rating agency can, on the basis of carefully selected criteria and with all professional care confirm that:
  • Their financial situation and business operations are distinctly above-average,
  • They finance their business operations with the respective share of their own capital and have such a structure of assets and liabilities regarding their maturity that the latter assures their liquid current business operations and constitutes proper assurance of their solvent financial situation in the future medium-term period.
Existing and future business partners of Certificate holders may assume with high level of probability that the latter in the future short-term period of at least one year shall not be subject to any circumstances which would under the Financial Operations, Insolvency Proceedings and Compulsory Dissolution Act (ZFPPIPP) claim the initiation of any insolvency proceedings proceedings or which would suggest a significant deterioration in their solvency.

Sample appearance of the Certificate, Report and the e-Sign:

Statistics of those eligible for the Certificate
The statistical processing of our data bases show that:
  1. The probability that the holder of the Certificate of financial reliability shall be subject to the occurrence of an initiation of bankruptcy proceedings, compulsory composition or simplified compulsory composition according to the provisions of the Financial Operations, Insolvency Proceedings and Compulsory Dissolution Act (ZFPPIPP) is
    • In the first year 0,018%;
    • In the first two years 0,058% in
    • In the first three years 0,116%.

  2. The probability that the holder of the Certificate of financial reliability shall be subject to the occurrence of a blocked bank account
    • For more than 60 days in the entire first year is 0,20%;
    • For more than 90 days in the entire first year is 0,14%;
    • For more than 60 days in the first two years is 0,53%;
    • For more than 60 days in the first three years is 1,00% in
    • For more than 2 days in the entire first year is 1,22%.
Why is it useful to obtain the Certificate?
Past experience in the field of payment habits and many insolvency proceedings in which creditors are losing their assets, create a general atmosphere of business mistrust in the Slovenian economic area and force all economic entities to a high degree of caution when concluding business transactions. Therefore it can be very useful for all economic entities, even for the best, that an independent rating agency assesses and confirms their excellent financial health.

As a Certificate holder you demonstrate to your business environment your independently certified financial status as a reliable economic entity. Your existing and future business partners may assume with high level of probability that you are a financially stable and reliable partner. With the ownership of the Certificate you show your business partners that you belong to an elite group of Slovenian economic entities for which the probability that in a period of one to two years there will appear any signs of impairment of their solvency, is negligible or virtually nil.
Who can obtain the Certificate?
Prva bonitetna agencija, d.o.o., issues the Certificate in accordance with the General terms and conditions of issuing the Certificate of financial reliability which also contain the criteria for obtaining the Certificate.
Ordering and pricing
In accordance with the General terms and conditions of issuing the Certificate of financial reliability we as the issuer carry out an assessment if the client meets the criteria for obtaining the Certificate. If this is not the case, the client does not bare any costs of the assessment.

The client may, when ordering the assessment, choose that, in case he meets the criteria for obtaining the Certificate, he would like to receive the Certificate in the following forms:
  • the Certificate of financial reliability in form of a document (available in Slovenian and English),
  • e-Certificate in electronic form same as in the form of a document (available in Slovenian and English),
  • an e-Sign of the Certificate in electronic form, appropriate for publication on websites of the Certificate holder under issuer’s supervision and
  • a Report to the Certificate in form of a document and/or in electronic form containing data about the Certificate, the Certificate holder, his business operations and the criteria, which he met for obtaining the Certificate (available in Slovenian and English).
Prices - Certificate of financial reliability
I. Assessment and issue of the Certificate
Certificate in a form of a document (in Slovenian) 250,00 €
OR
e-Certificate in electronic form (same as in the form of a document) (in Slovenian) 200,00 €

II. Additions to the Certificate - optional
Report to the Certificate in a form of a document (in Slovenian) 50,00 €
Report to the Certificate in electronic form (in Slovenian) 20,00 €
An e-Sign of the Certificate in electronic form (in Slovenian) 30,00 €
e-Certificate in electronic form (as annex to the Certificate in the form of the document) (in Slovenian) 20,00 €

III. Copies in English – optional (in addition to I. and II.)
Certificate in a form of a document (in English) 30,00 €
Report to the Certificate in a form of a document (in English) 20,00 €
Report to the Certificate in electronic form (in English) 10,00 €
e-Certificate in electronic form (as annex to the Certificate in the form of the document) (in English) 10,00 €
* It is mandatory to order one of the two options under category I. - Assessment and issue of the Certificate. Report to the Certificate from category III. can only be ordered if the Report to the Certificate (in the form of a document or electronic format) under category II. was ordered. In the event that the Client would only like to receive copies of the documents in English, they are subject to prices as laid down under category II.

All prices are in €. VAT is not included.



To order a certificate please complete and sign the order and send it to us via e-mail (info@ebonitete.si) or by mail (address: Prva bonitetna agencija, d.o.o., Podružnica Limbuš, Limbuška cesta 2, 2341 Limbuš, Slovenia).

In case you would only like to check if you meet the criteria for obtaining the Certificate of financial reliability, please send us an assessment order.