Croatian National Bank

Croatia's gross foreign debt cut by 9.4% to 42.4 bln euro

The latest Croatian National Bank (HNB) data show that the gross foreign debt at the end of September 2016 amounted to 42.4 billion euro which was 4.4 billion euro less or a drop of 9.4% on the...

HNB buys 438.3mn euros on foreign exchange market

The Croatian National Bank (HNB) intervened in the foreign exchange market on Wednesday by purchasing EUR 438.3 million euros at an average exchange rate of 7.564733 kuna for one euro, thus...

HNB governor: Era of low interest rates ending soon

Croatian National Bank (HNB) Governor Boris Vujcic has said that the ongoing period of low interest rates is nearing an end.

Croatia's central bank revises upward its forecast for 2016 growth to 2.8%

The Croatian National Bank (HNB) on Tuesday revised upward its estimate of Croatia's economic growth in 2016 to 2.8% from its earlier estimate of 2.3%, and also increased its forecast for 2017....

Croatia's gross international reserves EUR 12.9 bn in 2016 June-end

Croatia's gross international reserves stood at 12.9 billion euros at the end of H1 2016, which was 5-6% or 800 million euros less compared to the end of 2015, figures released by the Croatian...

Croatia's gross foreign debt in Aug down 9 straight months

Croatia's total gross foreign debt at the end of August this year amounted to 43.7 billion euros, which is 4.1 billion or 8.6% less than at the end of August last year, the Croatian National Bank...

HNB releases HRK 47.5M to banks through 4th structural repo operation

The Croatian National Bank (HNB) on Tuesday conducted the fourth and last structural repo operation for this year, releasing a total of HRK 47.5 million to banks at a fixed repo rate of 1.40%, the...

Economic activity in Q3 intensifies, central bank says

Monthly indicators point to intensified economic activity in the third quarter of the year, mainly owing to favourable tourism results, the Croatian National Bank said on Thursday after a session...

Croatian National Bank to continue expansive monetary policy in 2017

Croatian National Bank (HNB) Governor Boris Vujcic said on Wednesday that the central bank would continue its expansive monetary policy next year, warning that Croatia should become more...

ECB urges HNB audit be done in non-political, independent way

The European Central Bank (ECB) holds that the audit of the Croatian National Bank (HNB) by the State Audit Office should be conducted "on a non-political, independent and purely professional...

SDP MP sees Bridge's changes to HNB law as settling score with governor

Although the Opposition in the Croatian parliament on Wednesday agreed in principle with the Bridge-sponsored amendments to the law on the Croatian National Bank (HNB), a Social Democratic Party (...

HNB: Charges against RBA, Sberbank over irregularities in loan conversion

The Croatian National Bank (HNB) on Wednesday presented the Franak association of debtors with loans pegged to the Swiss franc with a letter providing information about which banks had violated...

2015 general government deficit revised upward to 3.3% of GDP

Croatia's consolidated general government deficit in 2015 was HRK 11.03 billion, or 3.3% of GDP, the National Bureau of Statistics (DZS) said on Friday.

Franak: HNB must answer all questions relating to CHF loan conversion

The Croatian National Bank (HNB) must provide the Franak association of holders of loans denominated in Swiss francs with information as to which banks violated the law on the conversion of CHF...

Central bank forecasts real GDP growth to exceed 2.3 pct this year

Croatian National Bank (HNB) analysts predict that real GDP will exceed 2.3% this year, which they predicted in July, primarily owing to stronger economic growth in the second quarter and better...