Croatian Natl Bk

Type: Organization
Name: Croatian Natl Bk
First reported Jul 03 2014 - Updated Jul 03 2014 - 1 reports

Vujcic: HNB doing all it can to reverse negative economic trends

Croatian National Bank (HNB) Governor Boris Vujcic said on Thursday, after submitting the annual report to Parliament, that the central bank was doing all it could to reverse negative economic trends.Vujcic made the statement in response to a question ... [Published Dalje.com - Jul 03 2014]
First reported Jun 30 2014 - Updated Jul 01 2014 - 1 reports

Roundup: Too early to see results after Croatia entering EU for 1 year

Twelve months after Croatia achieved its dream of joining the European Union (EU), a cheerful atmosphere in Zagreb has cooled in amidst of a depressed economy. Croatia, the newest member of the 28-block, remains one of the weakest economies in the block. ... [Published Individual.com - Jun 30 2014]
First reported Jun 11 2014 - Updated Jun 11 2014 - 1 reports

PM Milanovic thanks Ostojic and Jovanovic for cooperation

At the beginning of a government session on Wednesday, Prime Minister Zoran Milanovic thanked for cooperation Health Minister Rajko Ostojic and Science, Education and Sport Minister Zeljko Jovanovic, whom he replaced shortly before that. "I would like ... [Published Dalje.com - Jun 11 2014]
First reported Jun 11 2014 - Updated Jun 11 2014 - 1 reports

Central bank highlights need for structural reforms

Unfavourable trends in the economy characterised 2013, the Croatian National Bank (HNB) said in its annual report on Wednesday, warning about the need to intensify structural reforms to strengthen the economy's competitiveness and improve the business ... [Published Dalje.com - Jun 11 2014]
First reported Jun 09 2014 - Updated Jun 09 2014 - 1 reports

EU Sentix Indicator Expected On Monday

With many of the European Union countries observing a market holiday today, economic data to be released on Monday are fewer than usual. The most notable among the releases is the Sentix investor confidence indicator for the eurozone.Sentix is scheduled ... [Published RTTNews.com - Jun 09 2014]
First reported Jun 04 2014 - Updated Jun 04 2014 - 1 reports

Finance minister says deficit to be cut, gov't focus on economic growth

The Croatian government is currently focused on determining instruments and mechanisms that will enable economic growth, Finance Minister Boris Lalovac said on Wednesday, expressing confidence that Croatia will reduce the budget deficit to the set limits ... [Published Dalje.com - Jun 04 2014]
First reported Jun 04 2014 - Updated Jun 04 2014 - 1 reports

HNB governor attends Vienna forum, says Croatian banking system stable

Croatian National Bank (HNB) Governor Boris Vujcic said in Vienna on Tuesday that Croatia's banking system had been one of the most stable European banking systems during the economic crisis in recent years. Together with the governor of Austria's central ... [Published Dalje.com - Jun 04 2014]
First reported May 12 2014 - Updated May 12 2014 - 1 reports

Grand Central: Yellen’s First Job: Plumbing

The Wall Street Journal’s Daily Report on Global Central Banks for Monday, May 12 Sign up for the newsletter: http://on.wsj.com/grandcentralsignup . “It is too early to say that the economy can declare laissez les bon temps rouler. But for you bankers ... [Published WSJ.com: Real Time Economics - May 12 2014]
First reported May 12 2014 - Updated May 12 2014 - 1 reports

Central Banks Calendar for Week of May 12 – 16, 2014

Monday Philadelphia Fed’s Plosser delivers opening remarks at noon EDT in Philadelphia at a conference on “Reinventing Older Communities: Bridging Growth & Opportunity”Bank of Israel releases minutes from its April 28 policy meeting Tuesday Atlanta ... [Published WSJ.com: Real Time Economics - May 12 2014]

Quotes

...He noted that the HNB had maintained the zero interest rate policy for a long while now in order to encourage corporate lending. "The interest rates have dropped to the lowest levels since the monetary policy is being conducted in Croatia. The banks have a surplus liquidity of HRK 5 billion with the HNB, but are not issuing loans. We may well bring a horse to the water, but we cannot make it drink. The banks won't grant a loan at any interest rate if it won't be repaid" the governor said. Vujcic warned that every third loan was not being repaid as non-performing corporate loans accounted for 28%...
Josipovic agreed with him, saying that "the EU is a tool to resolve many of our problems" but "the membership itself cannot change our destiny overnight." (1 Euro = 1.36 U S dollars)
...Nowotny, Vujcic attended a business and investment forum on the first year of Croatia's EU membership and investment prospects in the country. "The banking system in Croatia has been one of the most stable in Europe during the crisis and it will remain stable" Vujcic told some 80 representatives of Austrian companies interested in investing in Croatia...

More Content

All (11) | News (8) | Reports (0) | Blogs (2) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
Vujcic: HNB doing all it can to reverse negativ... [Published Dalje.com - Jul 03 2014]
Roundup: Too early to see results after Croatia... [Published Individual.com - Jun 30 2014]
Republic of Croatia: R&I Downgrades to BBB-, St... [Published Noodls - Jun 16 2014]
PM Milanovic thanks Ostojic and Jovanovic for c... [Published Dalje.com - Jun 11 2014]
Central bank highlights need for structural ref... [Published Dalje.com - Jun 11 2014]
10Jun/Ivan Iskrov: Central banks and the overha... [Published Bank for International Settlements - Jun 10 2014]
EU Sentix Indicator Expected On Monday [Published RTTNews.com - Jun 09 2014]
Finance minister says deficit to be cut, gov't ... [Published Dalje.com - Jun 04 2014]
HNB governor attends Vienna forum, says Croatia... [Published Dalje.com - Jun 04 2014]
Grand Central: Yellen’s First Job: Plumbing [Published WSJ.com: Real Time Economics - May 12 2014]
Central Banks Calendar for Week of May 12 – 16,... [Published WSJ.com: Real Time Economics - May 12 2014]
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sort by: Date | Relevance
Grand Central: Yellen’s First Job: Plumbing [Published WSJ.com: Real Time Economics - May 12 2014]
The Wall Street Journal’s Daily Report on Global Central Banks for Monday, May 12 Sign up for the newsletter: http://on.wsj.com/grandcentralsignup . “It is too early to say that the economy can declare laissez les bon temps rouler. But for you bankers ...
Central Banks Calendar for Week of May 12 – 16,... [Published WSJ.com: Real Time Economics - May 12 2014]
Monday Philadelphia Fed’s Plosser delivers opening remarks at noon EDT in Philadelphia at a conference on “Reinventing Older Communities: Bridging Growth & Opportunity”Bank of Israel releases minutes from its April 28 policy meeting Tuesday Atlanta ...
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