Banka Kovanica d.d.

Established in 1997, Banka Kovanica since May 2007 is owned by Cassa di Risparmio della Repubblica di San Marino. Banka Kovanica provides retail and corporate banking products and services to both domestic and international clients.

Bank Category

Commercial banks

Services

Retail Banking
Corporate Banking

Products

Financials

Total Assets (2017)
1 145.09 mln HRK  (-4.63%)
Annual Profit (2017)
5.31 mln HRK  (+1 125.87%)

Banka Kovanica d.d. is the 25th largest bank in Croatia in terms of total assets. In 2017 its total assets were 1 145,09 mln HRK, providing the bank with the market share of 0.29%. In 2017 the bank's annual profit was 5,31 mln HRK.

Banka Kovanica d.d. participates in deposit guarantee scheme of Croatia. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Petra Preradovića 29, 42000, Varaždin, Croatia
+385 42 403-403
+385 42 212-148

Banka Kovanica d.d. is headquartered in Varaždin.

Bank Identifiers

BIC (SWIFT)
SKOVHR22
MFI ID
HR33039197637
Bank Sort Code
4133006

Business Summary

Eligible Clients
domestic and international
Services
retail banking
corporate banking
Products
current accounts
debit cards
savinds accounts
time deposit accounts (0.35 - 1.75 %)
consumer loans
business cards
business loans
bank guarantees and letters of credit

Banka Kovanica d.d. provides products and services in the areas of retail banking, corporate banking. The range of products offered by Banka Kovanica d.d. includes current accounts, debit cards, savinds accounts, time deposit accounts (0.35 - 1.75 %), consumer loans, business cards, business loans, bank guarantees and letters of credit. Banka Kovanica d.d. makes its solutions available to domestic and international.

Products

Time Deposit Accounts

Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).

Time deposit accounts made with Banka Kovanica d.d. are covered by deposit guarantee scheme of Croatia up to 100 000 EUR per depositor. Banka Kovanica d.d. offers the following time deposit accounts.

Updated on 14 December 2018

Festgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.35 %
Deposit Term (months)
6
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
0.35 %
Deposit Term (months)
6
Investment Amount
10000 - 100000 EUR
Interest Frequency
1 times a year
Festgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.75 %
Deposit Term (months)
12
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
0.75 %
Deposit Term (months)
12
Investment Amount
10000 - 100000 EUR
Interest Frequency
1 times a year
Festgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.80 %
Deposit Term (months)
18
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
0.80 %
Deposit Term (months)
18
Investment Amount
10000 - 100000 EUR
Interest Frequency
1 times a year
Festgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.85 %
Deposit Term (months)
24
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
0.85 %
Deposit Term (months)
24
Investment Amount
10000 - 100000 EUR
Interest Frequency
1 times a year
Festgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
1.45 %
Deposit Term (months)
36
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
1.45 %
Deposit Term (months)
36
Investment Amount
10000 - 100000 EUR
Interest Frequency
1 times a year
Festgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
1.60 %
Deposit Term (months)
48
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
1.60 %
Deposit Term (months)
48
Investment Amount
10000 - 100000 EUR
Interest Frequency
1 times a year
Festgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
1.75 %
Deposit Term (months)
60
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
1.75 %
Deposit Term (months)
60
Investment Amount
10000 - 100000 EUR
Interest Frequency
1 times a year

Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.

See Also

Financial Positions

Total Assets (2017)
1 145.09 mln HRK  (-4.63%)
Total Equity (2017)
116.95 mln HRK  (+4.82%)

In 2017 total assets of Banka Kovanica d.d. were 1 145.09 mln HRK. Decline compared to the previous period (2016) was -4.63%. The evolution of the total assets of Banka Kovanica d.d. is shown at Chart 1 below.

Total Assets of Banka Kovanica d.d..

Chart 1. Total Assets of Banka Kovanica d.d..

Recent changes in total assets of Banka Kovanica d.d. and its main components are shown in Table 1.

2016 2017 % change
Cash and deposits with Central Banks 16.0 14.0 -12.47%
Loans 803.1 815.2 +1.50%
Total Assets 1 200.7 1 145.1 -4.63%
Table 1. Recent changes in total assets of Banka Kovanica d.d. (mln HRK).

Recent changes in total liabilities of Banka Kovanica d.d. and its main components are shown in Table 2.

2016 2017 % change
Deposits 1 021.4 948.8 -7.11%
Total Liabilities 1 200.7 1 145.1 -4.63%
Table 2. Recent changes in total liabilities of Banka Kovanica d.d. (mln HRK).

Profit and Loss

Annual Profit (2017)
5.31 mln HRK  (+1 125.87%)

Recent changes in gross profit of Banka Kovanica d.d. and its main components are shown in Table 3.

2016 2017 % change
Interest Income 75.8 74.8 -1.31%
Interest Charges -23.6 -15.9 -32.64%
Net Interest Income 52.2 58.9 +12.84%
Commission Income 6.7 7.6 +13.33%
Commission Charges -2.1 -2.4 +13.25%
Net Commission Income 4.6 5.2 +13.37%
Table 3. Recent changes in gross profit of Banka Kovanica d.d. (mln HRK).

In 2017 annual profit of Banka Kovanica d.d. was 5.31 mln HRK. Growth compared to the previous period (2016) was 1 125.87%. The evolution of the annual profit of Banka Kovanica d.d. is shown at Chart 2 below.

Annual Profit of Banka Kovanica d.d..

Chart 2. Annual Profit of Banka Kovanica d.d..

Market Share and Rank (among banks in Croatia)

Total Assets (2017)
25th (market share 0.29%)

In 2017 Banka Kovanica d.d. was ranked the 25th largest bank in Croatia in terms of total assets, having 0.29% of the domestic market share.

Market share of Banka Kovanica d.d. (among banks in Croatia)

Chart 3. Market share of Banka Kovanica d.d. (among banks in Croatia)

Several banks having the market shares and ranks closest to Banka Kovanica d.d. are shown below.

RankNameTotal AssetsMarket Share
24 Raiffeisen stambena štedionica d.d.1196.11 mln HRK0.30%
25 Banka Kovanica d.d.1145.09 mln HRK0.29%
26 Veneto banka d.d. (closed)1142.19 mln HRK0.29%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Croatia are obliged to participate in Croatian deposit guarantee scheme.

In the case of Banka Kovanica d.d. failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, small entrepreneurs and non-profit organisations
Covered Accounts  all deposits
Maximum Protected Amount  100 000 EUR
Paid In Currency  HRK

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Banka Kovanica d.d. and its components are shown in the table below.

BIC  SKOVHR22
Bank BIC Code  SKOV
Country Code  HR (Croatia)
Location Code  22
Branch Code  -

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of Banka Kovanica d.d. is shown in the table below.

MFI ID  HR33039197637

Bank Sort Code

Bank Sort Code is a code that uniquely identifies a financial institution within a country. Bank sort codes are usually assigned by National Central Banks and differ from BIC codes.

Bank Sort Code  4133006