HBOR

Introduction

• HBOR is a state-owned development and export bank focused on boosting the Croatian economy and mobilization.

• Its services are mainly geared towards corporations, with a deposit insurance limit of up to HRK 100,000 per depositor per bank (approximately EUR 13,500).

• Financial health data is limited, but capital adequacy and liquidity coverage ratios are robust, and the specific non-performing loan ratio is not disclosed.

• A variety of loan products are available, but there are no traditional deposit accounts, and interest rates and fees vary depending on the type of service.

• Digital services include online loan applications, but no mobile app rating information.

• Customer service is provided by phone and email, and security measures are in line with national standards.

• It is characterized by support for sustainable development and small and medium-sized enterprises, and its market position is important in the Croatian financial sector.

Basic Information

Types and Ownership
of BanksHBOR (Hrvatska banka za obnovu i razvitak, i.e. Croatian Bank for Reconstruction and Development) is a state-owned bank that belongs to Croatia's National Bank for Development and Export. Founded on June 12, 1992 and headquartered in Zagreb, it is wholly owned by the Republic of Croatia and is not a public company.

Name and background

• full name: Croatian Bank for Reconstruction and Development (Hrvatska banka za obnovu i razvitak - HBOR)

• was founded on June 12, 1992

• Headquarters location: Zagreb, CroatiaShareholder

• Background: Wholly owned by the Republic of Croatia and a state-owned bank.

• Scope of services: Mainly covering Croatia, while providing international export financing services. HBOR does not have a traditional physical outlet, but instead provides services through regional offices.

Regulatory & Compliance

• Regulator: Regulated by the Croatian National Bank (Hrvatska narodna banka - HNB).

• Deposit Insurance: HBOR is an authorized credit institution of the HNB and its deposits are insured by the Croatian Deposit Insurance Agency (Hrvatska agencija za osiguranje depozita i riješavanje banaka - HAOD) up to a maximum of HRK 100,000 (approx. EUR 13,500) per depositor per bank.

• Recent compliance records: No recent compliance issues were identified, indicating that its operations are in compliance with regulatory requirements.

Key indicators

of financial health

• capital adequacy ratio: 27.8% in 2024, well above regulatory requirements, indicating a solid capital base.

• Non-performing loan ratio: No specific data is available to assess asset quality.

• Liquidity Coverage Ratio: 191% in 2024, showing strong short-term liquidity.

A quick judgment
of HBOR's capital adequacy ratio and liquidity coverage ratio is at a healthy level, but the lack of non-performing loan ratio data may limit a comprehensive assessment of its overall financial health.

The main business of the loan product HBOR is to provide loans to enterprises, especially investment loans, working capital loans and export financing loans. The following is an overview of its loan products:

• Mortgages: HBOR does not directly provide personal mortgages, but provides related services through partner banks.

• Personal Line of Credit: HBOR is focused on businesses and does not offer personal lines of credit.

• Flexible repayment options: Some loans, such as working capital loans, offer installment repayments.

service quality

service channel
HBOR provides phone and email support, e.g