The Croatian Bank for Reconstruction and Development is a key player in Croatia's recovery, having been established in 1993 to support the country's transition to a market-based economy. Its primary goal is to provide financing for projects that promote economic growth and job creation.
The bank has a significant impact on Croatia's economy, with a portfolio of over 100 billion kunas in loans and investments. This has helped to stimulate economic growth and create new opportunities for businesses and individuals.
One of the bank's main focuses is on supporting small and medium-sized enterprises (SMEs), which are often the backbone of a country's economy. By providing financing and other forms of support, the bank has helped many SMEs to grow and thrive.
The bank's efforts have been successful, with many of its clients reporting significant increases in revenue and employment.
Croatian Bank for Reconstruction and Development
The Croatian Bank for Reconstruction and Development, also known as HBOR, was established on June 12th, 1992.
It was created by the Act on the Croatian Credit Bank for Reconstruction, which was published in the official gazette of the Republic of Croatia, No. 33/92.
HBOR's main goal is to finance the reconstruction and development of the Croatian economy.
The bank is located at Strossmayerov trg 9.
HBOR is the development and export bank of the Croatian government.
It was established to support the country's economic growth and development.
The bank's establishment was amended by the official gazette of the Republic of Croatia, No. 76/93, 108/95, and 08/96.
Additional reading: What Has a Bank with No Money?
Hrvatska banka za obnovu i razvitak
The Croatian Bank for Reconstruction and Development, also known as HBOR, was established on June 12th, 1992.
The bank was created by the Act on the Croatian Credit Bank for Reconstruction, which was published in the official gazette of the Republic of Croatia, No. 33/92.
HBOR's main objective is to finance the reconstruction and development of the Croatian economy, making it a crucial player in the country's growth.
The bank's headquarters is located at Strossmayerov trg 9, a prominent address in the heart of the city.
HBOR was initially established as the Croatian Credit Bank for Reconstruction, but it has undergone several amendments, including those in NN 76/93, 108/95, and 08/96.
Here's an interesting read: Narodna Banka Hrvatska
Sources
- https://www.cc-solutions.net/Handbook/Agency
- https://www.eib.org/en/press/all/2023-481-eib-and-hbor-to-issue-half-a-billion-euros-in-new-financing-in-croatia
- https://coebank.org/en/news-and-publications/news/ceb-approves-200-million-for-the-croatian-bank-for-reconstruction-and-development/
- https://www.eltia.eu/index.php/about/members/croatia
- https://www.trade.gov/country-commercial-guides/croatia-selling-public-sector
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