Croatian National Bank

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...

Croatian adult financial literacy low - survey

Croatia ranks 27th out of 30 countries covered by an international survey on adult financial literacy, which was conducted by the International Gateway for Financial Education (INFE) and the...

Maric to lead Croatian delegation to WB and IMF annual meeting

Finance Minister Zdravko Maric will lead a Croatian delegation to the annual meeting of the World Bank (WB) and the International Monetary Fund (IMF) taking place in Washington on October 6-9, the...

Croatia's gross foreign debt falls to EUR 43.4 bn in June

Croatia's total gross foreign debt at the end of June this year amounted to 43.4 billion euro, which is 5.4 billion euro or 11% less than at the end of June last year, the Croatian National Bank (...

HNB: Public debt at end June HRK 285.7 bln

The general government debt at the end of June 2016 was HRK 285.7 billion, 1.7 billion or 0.6% less than at the end of June 2015 and HRK 3.9 billion or 1.3% less than at the end of 2015, show the...

Balance of payments current account surplus reaches EUR 152m

There was a EUR 152 million surplus on the balance of payments current account in the second quarter of 2016, EUR 116 million more than in Q2 2015, which was the first time the current account...