Croatian Natl Bk

Type: Organization
Name: Croatian Natl Bk
First reported Jul 22 2014 - Updated Jul 23 2014 - 1 reports

Croatia's public debt reaches 68% of GDP and is expected to grow further

Croatia's public debt reached 68% of the country's Gross Domestic Product in the first quarter of 2014, compared with 67.4% in the last quarter of 2013, according to the latest figures released by the European Union's statistical office Eurostat on T ... [Published Dalje.com - Jul 22 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Banks operating in Croatia pass HNB stress test at aggregate level

Buffers which commercial banks operating in Croatia created in the previous period will be adequate at an aggregate level in 2014 and 2015, according to an analysis conducted under unfavorable economic scenarios by the Croatian National Bank (HNB) as ... [Published Dalje.com - Jul 22 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Croatia's financial stability risks lessening, says central bank

Croatia's financial stability risks have been reduced thanks to a further decrease in risk premiums on the global financial markets and a slightly improved outlook for Croatia's economy, the central bank (HNB) says in its latest publication "Financial ... [Published Dalje.com - Jul 22 2014]
First reported Jul 16 2014 - Updated Jul 16 2014 - 1 reports

Croatian FM welcomes European court ruling on Ljubljanska Banka case

Croatian Foreign Minister Vesna Pusic welcomed the final ruling of the European Court of Human Rights over a case of Yugoslav-era foreign currency deposits in the defunct Ljubljanska Banka on Wednesday.She said she was glad to see all clients, especially ... [Published China.org.cn - Jul 16 2014]
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 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

"A steady primary budget deficit, increasing interest costs and the postponement of reforms have been conducive to a strong growth of general government debt, which increased by 36.5 billion kuna or 19.9% only in 2013" she added
...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%...
Croatian President Ivo Josipovic said during his recent official visit to Switzerland that "economically, we have failed to fully benefit from our membership in the EU. We haven't used all the available money"

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All (8) | News (6) | Reports (0) | Blogs (2) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Croatia's public debt reaches 68% of GDP and is... [Published Dalje.com - Jul 22 2014]
Banks operating in Croatia pass HNB stress test... [Published Dalje.com - Jul 22 2014]
Croatia's financial stability risks lessening, ... [Published Dalje.com - Jul 22 2014]
Croatian FM welcomes European court ruling on L... [Published China.org.cn - Jul 16 2014]
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]
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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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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