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Debt Snapshot: Croatia's 215K Blocked Accounts, 14.8K Businesses Face Billions in Debt Canva

Debt Snapshot: Croatia's 215K Blocked Accounts, 14.8K Businesses Face Billions in Debt

Written by  Nov 10, 2023

At the end of October, in Croatia, the accounts of 215,100 citizens were blocked, with a total principal debt of 2.76 billion euros, along with 14,800 business entities, whose principal debt amounted to 681.6 million euros, according to the Financial Agency (Fina).

When the principal debt of 2.76 billion euros is added to the debt based on interest amounting to 871.7 million euros, the total debt of citizens with blocked accounts at the end of October amounted to 3.63 billion euros. The majority of the debt, at 0.67 billion euros (excluding interest), was related to consumer debt to banks as creditors, while the debt to all financial institutions amounted to 0.77 billion euros, as reported by Fina.

At the end of October this year, the payment order register recorded 14,806 business entities, which is 581 business entities or 4.1 percent more compared to September, but also 233 business entities or 1.5 percent less compared to October 2022.

Their debt principal amounted to 81.6 million euros, which is 97 million euros (16.6 percent) more than in September and 172.2 million euros (33.8 percent) more than in October 2022. The debt based on interest amounted to 145.5 million euros, making the total debt of business entities at the end of October reach 827.2 million euros.

 

The Voice of Dubrovnik

THE VOICE OF DUBROVNIK


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