HBOR cuts interest rates to boost youth employment

The Croatian Bank for Reconstruction and Development (HBOR) will offer favourable loans to small and medium enterprises (SMEs) that employ or plan to employ young people, the bank said on Monday...

8.8 million credit and debit cards in circulation in Croatia in June

At the end of June 2016 there were 8.8 million credit and debit cards in circulation in Croatia, an increase of 1.2% over June 2015, and 77% accounted for debit cards, an international conference...

Croatian gov't prepares response to EC on loan conversion

Croatia's government on Wednesday endorsed a letter which it needs to send to the European Commission by the end of the month regarding the conversion of Swiss franc loans.

Total lending down 6.4% in July

Loans issued by Croatian banks by the end of July 2016 totalled HRK 263.5 billion, 6.4% or HRK 18 billion less than in July 2015.

Croatian Bank for Reconstruction and Development reports HRK 107.2 mln profit in H1

In the first half of this year the Croatian Bank for Reconstruction and Development (HBOR) earned profits in the amount of HRK 107.2 million, the bank said in a statement on Wednesday.

16.12 pct of loans at end of Q1 non-performing

Of the HRK 267 billion in bank loans at the end of the first quarter of 2016, 16.12% were non-performing (HRK 43b), according to the latest Croatian National Bank figures.

Lending in June down 4.8 pct y-o-y

At the end of June 2016, loans in Croatia totalled HRK 267.7 billion, down 4.8% on the year, continuing a downward trend in lending which began in November 2012, Raiffeisenbank Austria analysts...

Parliamentary parties reluctant to disclose their creditors

Not even after the Croatian Democratic Union (HDZ) was shocked by a revelation that the party took out loans from private companies, are other parliamentary parties willing to disclose who their...

HDZ ministers on reports on party's loan from private company

Transport and Infrastructure Minister and Croatian Democratic Union (HDZ) vice-president Oleg Butkovic said on Wednesday that he had asked the party bodies to provide him with information about a...

HNB: Non-performing loans ratio falls to 16.12% in March

Thus, the NPL rate was reduced by 1.02 percentage points compared to the end of March 2015, and by 0.53 percentage points compared to the end of 2015.

Government approves new loans for HAC motorways operator

The guarantee agreement refers to a loan of EUR 250 million for a period of 15 years and a 2 year grace period which was signed in late March by Finance Minister Zdravko Maric and EBRD Director...

Lending in Feb down EUR 2.1b year on year

According to the Croatian National Bank, lending at the end of February 2016 totalled HRK 270.1 billion, a decrease of HRK 16 billion on the year (-5.6%) due to household and corporate...

HNB governor: Indebtedness and lack of collateral limiting growth in loans

The central bank governor noted that analyses show that economic recovery of the growth of GDP is followed by growing loans.

FinMin: 93.6% of CHF-indexed loans converted

More than 50,000 CHF-indexed loans have been converted, or about 93.6%, Finance Minister Zdravko Maric said in Zagreb on Tuesday on the margins of a conference called "Loans and Economic Growth...

ZABA to offset 2015 loss by retained profit in 2012

The  Zagrebacka Banka (ZABA) general assembly, which is scheduled for 28 April, is expected to decide to cover the loss of 519.1 million kuna by the retained profit in 2012.