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Croatian banks see doubling of profits in 2018

By  Dec 05, 2018

In the first nine months of this banks in Croatia achieved a pre-tax profit of 5.25 billion Kuna, double the amount they made in the same period from last year.

The Croatian National Bank (CNB) has published the profit and loss accounts for banks in the country this year and it shows that it has been an extremely profitable year so far. In the first nine months of this year there were 23 active banks in Croatia, which is three less than last year, as two banks went into voluntary liquidation and one open bankruptcy proceedings.

Figures from the CNB show that from January to end of September banks in Croatia increased their profits by a healthy 99.7 percent, or around 2.62 billion Kuna.

The Voice of Dubrovnik


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