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.
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.
Addiko Bank d.d. is headquartered in Zagreb.
time deposit accounts
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.
|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.
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.
|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.
|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).|
|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.
|Net Interest Income||453.9||478.7||+5.46%|
|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.
Chart 2. Annual Profit of Addiko Bank 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 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|
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.
|Bank BIC Code||HAAB|
|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 Addiko Bank 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||2500009|