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.
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.
Banka Kovanica d.d. is headquartered in Varaždin.
|domestic and international|
time deposit accounts (0.35 - 1.75 %)
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.
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 However the money deposited to such account cannot be withdrawn for a specified period of time (term).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
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|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.
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.
|Cash and deposits with Central Banks||16.0||14.0||-12.47%|
|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.
|Total Liabilities||1 200.7||1 145.1||-4.63%|
|Table 2. Recent changes in total liabilities of Banka Kovanica d.d. (mln HRK).|
|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.
|Net Interest Income||52.2||58.9||+12.84%|
|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.
Chart 2. Annual Profit of Banka Kovanica d.d..
|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|
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.
|Bank BIC Code||SKOV|
|Country Code||HR (Croatia)|
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.
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|