Croatia to Attend World Bank and IMF Spring Meetings
ZAGREB, April 19, 2018 - A Croatian delegation, consisting of representatives of the Finance Ministry and the Croatian National Bank, will attend the spring meetings of the World Bank and the International Monetary Fund (IMF) in Washington from 19 to 22 April, the Finance Ministry announced in a press release on Thursday.
Monetary Policy Remains Expansionary
ZAGREB, April 11, 2018 - The Croatian National Bank (HNB) Council on Tuesday adopted a monetary policy projection for 2018-21 and considered a report on the banking system in 2017, the central bank said in a press release.
Central Bank Governor Presents Semi-Annual Reports
ZAGREB, March 22, 2018 - Croatian National Bank (HNB) governor Boris Vujčić said in Parliament on Thursday that it was difficult to find anywhere in the world a crisis that could be compared to the one in the Agrokor conglomerate, stressing however that although the crisis had not significantly affected Croatia's economy, it was necessary to make undermining the financial stability punishable under law.
Business and Consumer Optimism Continue to Grow
ZAGREB, March 15, 2018 - The Croatian National Bank (HNB) Council met on Thursday to discuss recent monetary and economic indicators, saying that the slowing down of economic activity in the final quarter of last year might only be temporary as the beginning of 2018 saw further increases in business and consumer optimism and employment.
Central Bank Struggling to Prevent Appreciation of Kuna
ZAGREB, January 31 - Croatian National Bank (HNB) Governor Boris Vujčić said on Tuesday that the national currency, the kuna, was currently under heavy appreciation pressure and that the central bank would have to continue buying euros from commercial banks to prevent its further strengthening.
Total Deposits with Commercial Banks up 2.6% to 271.8 Billion Kuna
ZAGREB, Jan 16 (Hina) - Total deposits with commercial banks in Croatia reached 271.8 billion kuna at the end of November 2017, an increase of 2.6% over the same period in 2016, Raiffeisenbank Austria (RBA) says in a report, citing figures from the Croatian National Bank (HNB).
Croatian National Bank Fighting to Keep Kuna from Strengthening Too Much
The central bank bought 405 million euros in order to decrease the value of the kuna.
At Least 5 Years Needed for Introduction of Euro
Experts agree that it is impossible to introduce the euro faster.
IMF Director Christine Lagarde Visits Croatia
She will attend the Croatian National Bank conference in Dubrovnik.
Croatia Certain to Introduce Euro
Euro-denominated loans are so high that it is impossible to avoid the introduction of the euro.
