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Croatian Bank for Reconstruction and Development

Other · Zagreb, Croatia

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Key facts

  • Croatian Bank for Reconstruction and Development is a other based in Zagreb, Croatia.

About Croatian Bank for Reconstruction and Development

Croatian Bank for Reconstruction and Development is a banking institution based in Zagreb, Croatia. Established in 1992, it is a development and export bank wholly owned by the Republic of Croatia. Its primary mission is to support the development of the Croatian economy by financing economic and infrastructure projects, promoting exports, and fostering the growth of small and medium-sized enterprises (SMEs). The bank offers a range of financial products, including investment loans, export credits, and working capital facilities, tailored to meet the diverse needs of businesses and public sector entities. Additionally, HBOR provides export credit insurance to mitigate political and commercial risks associated with international trade. In collaboration with institutions like the European Investment Bank (EIB), HBOR facilitates access to long-term funding for investment projects that align with European Union policy objectives. The bank is also committed to supporting national strategies for environmental protection and sustainable development, offering financial products designed to back sustainable projects. Through these initiatives, HBOR aims to enhance the competitiveness of the Croatian economy and contribute to its sustainable growth. The assets are managed by the executive team.

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