Zápas slovenského a nemeckého finančného kapitálu o pozície v peňažníctve Slovenska 1939 – 1945
The struggle between Slovak and German financial capital for positions in Slovak finance, 1939–1945

Summary/Abstract: One of the main aims of the government circles of the Slovak Republic of 1939–1945was control of the finance and business sphere by national Slovak capital. The pre-condition for implementing these plans was strengthening of the position of national Slovak banking by means of concentration of finance. However, the government program in finance and business struck against the plans of Nazi Germany for the expansion of its banks and companies into the industrial complex of Slovakia and the whole of Central Europe. One of the key conditions for achieving the aims of German capital was participation in the financial system of the individual countries by means of bank affiliations. The leading financial institutions of Slovakia came into a conflict of interests with the incomparably larger banking centres of Nazi Germany. German capital, represented by two affiliated banks in Bratislava, entered the process of concentration of finance, and applied economic and political pressure to strengthen their position in the Slovak financial sphere. There was some degree of compromise to demonstrate good will towards allies or vassals. Therefore, banking became one of the few economic fields, where the regime to some extent achieved its aim of nationalizing foreign capital.

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