Addiko Bank d.d. (formerly Hypo Alpe-Adria-Bank d.d.)

Addiko Bank was established in 2015, when Advent International and the European Bank for Reconstruction and Development acquired Hypo Alpe Adria with its Southeast Europe banking network from Heta Asset Resolution.

Bank Category

Commercial banks

Services

Retail Banking

Financials

Total Assets (2017)
21 199.22 mln HRK  (+0.47%)
Annual Profit (2017)
229.65 mln HRK  (+287.80%)

Addiko Bank d.d. is the 6th largest bank in Croatia in terms of total assets. In 2017 its total assets were 21 199,22 mln HRK, providing the bank with the market share of 5.31%. In 2017 the bank's annual profit was 229,65 mln HRK.

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

Contacts

Slavonska avenija 6, 10000, Zagreb, Croatia
+385 1 6030 000
+385 (0)1 603 7000

Addiko Bank d.d. is headquartered in Zagreb.

Bank Identifiers

BIC (SWIFT)
HAABHR22
MFI ID
HR14036333877
Bank Sort Code
2500009

Business Summary

Services
retail banking
Products
current accounts
debit cards
savings accounts
time deposit accounts
credit cards
consumer loans
car loans
mortgage loans

Addiko Bank d.d. provides services in the area of retail banking. The range of products offered by Addiko Bank d.d. includes current accounts, debit cards, savings accounts, time deposit accounts, credit cards, consumer loans, car loans, mortgage loans.

Financial Positions

Total Assets (2017)
21 199.22 mln HRK  (+0.47%)
Total Equity (2017)
2 861.00 mln HRK  (+10.51%)

In 2017 total assets of Addiko Bank d.d. were 21 199.22 mln HRK. Growth compared to the previous period (2016) was 0.47%. The evolution of the total assets of Addiko Bank d.d. is shown at Chart 1 below.

Total Assets of Addiko Bank d.d..

Chart 1. Total Assets of Addiko Bank d.d..

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

2016 2017 % change
Cash and deposits with Central Banks 316.6 346.8 +9.55%
Loans 12 380.9 10 527.4 -14.97%
Total Assets 21 099.1 21 199.2 +0.47%
Table 1. Recent changes in total assets of Addiko Bank d.d. (mln HRK).

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

2016 2017 % change
Deposits 15 635.8 15 597.0 -0.25%
Total Liabilities 21 099.1 21 199.2 +0.47%
Table 2. Recent changes in total liabilities of Addiko Bank d.d. (mln HRK).

Profit and Loss

Annual Profit (2017)
229.65 mln HRK  (+287.80%)

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

2016 2017 % change
Interest Income 851.9 742.0 -12.89%
Interest Charges -397.9 -263.3 -33.83%
Net Interest Income 453.9 478.7 +5.46%
Commission Income 208.4 211.4 +1.44%
Commission Charges -45.8 -36.1 -21.26%
Net Commission Income 162.6 175.3 +7.84%
Table 3. Recent changes in gross profit of Addiko Bank d.d. (mln HRK).

In 2017 annual profit of Addiko Bank d.d. was 229.65 mln HRK. Growth compared to the previous period (2016) was 287.80%. The evolution of the annual profit of Addiko Bank d.d. is shown at Chart 2 below.

Annual Profit of Addiko Bank d.d..

Chart 2. Annual Profit of Addiko Bank d.d..

Market Share and Rank (among banks in Croatia)

Total Assets (2017)
6th (market share 5.31%)

In 2017 Addiko Bank d.d. was ranked the 6th largest bank in Croatia in terms of total assets, having 5.31% of the domestic market share.

Market share of Addiko Bank d.d. (among banks in Croatia)

Chart 3. Market share of Addiko Bank d.d. (among banks in Croatia)

Several banks having the market shares and ranks closest to Addiko Bank d.d. are shown below.

RankNameTotal AssetsMarket Share
5 Splitska banka d.d.26891.86 mln HRK6.74%
6 Addiko Bank d.d.21199.22 mln HRK5.31%
7 Hrvatska poštanska banka d.d.19798.15 mln HRK4.96%
 

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 Addiko Bank 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 Addiko Bank d.d. and its components are shown in the table below.

BIC  HAABHR22
Bank BIC Code  HAAB
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 Addiko Bank d.d. is shown in the table below.

MFI ID  HR14036333877

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  2500009

European Presence: 5 banks in 5 countries

Addiko Bank d.d. operates under the brand name Addiko Bank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Austria

Croatia

  •  (this bank) Addiko Bank d.d. (Zagreb)

Montenegro

Serbia

Slovenia