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Welcome to the Corporate Strategy and Economic Analysis Department website. Members of its analytical team regularly prepare for you:

Monthly commentary Special commentary
sums up the economic and political governance and developments in the financial markets over the past month and maps milestones of expected events and economic data for the following months. focuses on particularly important macroeconomic indicators and economic events as well as wider economic and financial issues.


Analytical team and contact information

The Corporate Strategy and Economic Analysis Department focuses on economic analyzes of the Slovak economy and publishes reports that are distributed to institutional, corporate and regular clients of the Bank. The members of the analytical team thoroughly analyze the latest trends in the economy and use their knowledge of the economic environment to keep clients informed of the latest economic developments. The analytical team of VÚB Bank has experience with economic analyzes obtained in prestigious institutions at home and abroad.


Zdenko Štefanides joined the analytical team of VÚB Bank in January 2004, in October he was entrusted with its leadership. In the years 2000-03 he served as a Vice President and an economic analyst for the countries of Central and Eastern Europe at JP Morgan in London. And therefore, JP Morgan, of which Z. Štefanides was a member, was ranked by Institutional Investor in first place among emerging market macroeconomics in 2001-03. Previously he worked in the monetary branch of the National Bank of Slovakia. Zdenko Štefanides was awarded the Master of Science in Applied Econometrics and Quantitative Analyzes at Cornell University in the USA in 1997. His academic work has been published, for example, in Applied Economics and the American Journal of Agricultural Economics.


He graduated from the Faculty of Mathematics, Physics and Computer Science of the University of Economics in Bratislava and from the Faculty of Economic Informatics of the University of Economics in Bratislava. Further knowledge of the academic environment has been gained from stays at the Friedrich-Schiller University in Germany and CERGE-EI in Prague. He was appointed macroeconomist at VÚB Bank in 2010.