Created by Anna Mileiko 
KentBank is a modern universal bank, providing a broad range of retail and business banking products and services with the focus in retail and SME segments. KentBank offers products and services individually tailored and adjusted to the needs of each client, either a natural person or a business entity.
In 2023, KentBank d.d. achieved the position of 9th largest bank in Croatia with a market share of 0.93%; its total assets dropped by 82.14%.
Additionally, the bank became the 12th profitable bank in relation to its total assets showcasing 0.27% return on assets and 2.66% return on equity in 2023.
Also the lender held the 16th position regarging its loans-to-deposits (L/D) registering 55.32% L/D ratio in 2023.
Deposits up to 100,000 EUR are covered by Croatian deposit guarantee scheme in KentBank d.d.
Croatia
Austria
GermanyHRK (Croatian kuna)
EUR (Euro)
branch
online banking
KentBank d.d. ranks as the 9th largest bank in Croatia by total assets. In 2023 its total assets were 727.96 mln EUR, representing a 0.93% market share. In 2023 the bank's annual profit was 6.60 mln EUR.
State Agency for Deposit Insurance and Bank Resolution (DAB)KentBank d.d. protects deposits up to up to 100,000 EUR per depositor through Croatia's deposit guarantee scheme. The scheme applies to all accounts made by natural persons, legal entities. The bank participates in the State Agency for Deposit Insurance and Bank Resolution (DAB), making regular contributions into it.
Gundulićeva 1, 10000, Zagreb, Croatia
+385 1 4981-900
+385 1 4981-910KentBank d.d. is headquartered in Zagreb.
KentBank d.d. has profiles at the following social networks:
KentBank d.d. is authorized and supervised by the Hrvatska Narodna Banka.
CroatiaAustriaGermanyHRKEURMaestroKentBank d.d. provides products and services in the areas of retail banking, SME banking, corporate banking. KentBank d.d. offers a range of products including current accounts, giro accounts, student accounts, pensioner accounts, debit cards, savings accounts, time deposit accounts (0.00 - 0.00 %), children deposit accounts, consumer loans, mortgage loans.
branch online bankingProducts and services offered by KentBank d.d. are available at its branches and via its online banking system.
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 However the money deposited to such account cannot be withdrawn for a specified period of time (term).
KentBank d.d. offers the following time deposit accounts.
Updated on 6 December 2024
AustriaGermanyAustria: This product is offered to Austrian residents only. When clicking on the product link you will be redirected to the product page in German.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.
Deposit Guarantee. Time deposit accounts made with KentBank d.d. are covered bydeposit guarantee scheme of Croatiaup to 100,000 EUR per depositor.
Withholding Tax. Interest gained on time deposit accounts by residents of Croatiais taxed at 12.00% rate. Interest gained on time deposit accounts by non-residents of Croatiais taxed at 12.00% rate. When the interest is paid, this tax is automatically withhold by KentBank d.d. from the time deposit account.
In 2023 total assets of KentBank d.d. were 727.96 mln EUR. Decline compared to the previous period (2022) was -82.14%. The evolution of the total assets of KentBank d.d. is shown at Chart 1 below.
Chart 1. Total Assets of KentBank d.d..
Recent changes in total assets of KentBank d.d. and its main components are shown in Table 1.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Cash and deposits with Central Banks | 129.4 | 232.6 | +79.78% |
| Loans | 312.2 | 360.9 | +15.59% |
| Total Assets | 540.9 | 728.0 | +34.59% |
Table 1. Recent changes in total assets of KentBank d.d. (mln EUR).
Recent changes in total liabilities of KentBank d.d. and its main components are shown in Table 2.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Deposits | 469.1 | 652.3 | +39.06% |
| Total Liabilities | 540.9 | 728.0 | +34.59% |
Table 2. Recent changes in total liabilities of KentBank d.d. (mln EUR).
Recent changes in gross profit of KentBank d.d. and its main components are shown in Table 3.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Interest Income | 13.9 | 25.2 | +81.33% |
| Interest Charges | -1.1 | -5.6 | +431.58% |
| Net Interest Income | 96.5 | ||
| Commission Income | 3.8 | 5.3 | +40.95% |
| Commission Charges | -0.6 | -0.8 | +26.86% |
| Net Commission Income | 23.6 |
Table 3. Recent changes in gross profit of KentBank d.d. (mln EUR).
In 2023 annual profit of KentBank d.d. was 6.60 mln EUR. Decline compared to the previous period (2022) was -79.14%. The evolution of the annual profit of KentBank d.d. is shown at Chart 2 below.
Chart 2. Annual Profit of KentBank d.d..
In 2023 KentBank d.d. was ranked the 9th largest bank in Croatiain terms of total assets, having 0.93% of the domestic market share. KentBank d.d. also became # 9 in terms of loans (market share - 0.78%), # 9 in terms of deposits (market share - 0.99%).
Chart 3. Market share of KentBank d.d. (among banks in Croatia)
Historical changes in KentBank d.d.'s domestic rank and market share over 2019-2023 are shown below:
| Year | Rank | Market % |
|---|---|---|
| 2023 | 9 | 0.93 % |
| 2022 | 12 | 0.71 % |
| 2021 | 12 | 0.67 % |
| 2020 | 12 | 0.63 % |
| 2019 | 12 | 0.58 % |
TheBanks.eu identified several banks banks having the market shares and ranks closest to KentBank d.d. listed below.
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 8 |  | 0.95% | 745.83 mln EUR (+6.34%) |
| 9 | | 0.93% | 727.96 mln EUR (+34.59%) |
| 10 |  | 0.87% | 680.92 mln EUR (+12.15%) |
Discover key identifiers of KentBank d.d. including its BIC, LEI, sort code, MFI ID.
BIC: KENBHR22
The BIC (also known as SWIFT code) for KentBank d.d. is KENBHR22. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.
| Key | Value |
|---|---|
| BIC | KENBHR22 |
| Bank BIC Code | KENB |
| Country Code | HR (Croatia) |
| Location Code | 22 |
| Branch Code | - |
LEI: 549300GO4DX1OE3MT584
KentBank d.d.’s LEI is 549300GO4DX1OE3MT584. This code is critical for verifying the institutions’s legal identity in financial markets and is used for regulatory reporting and risk management.
| Key | Value |
|---|---|
| LEI | 549300GO4DX1OE3MT584 |
| LOU Identifier | 5493 |
| Reserved | 00 |
| Entity Identifier | GO4DX1OE3MT5 |
| Verification ID | 84 |
Bank Sort Code: 4124003
The Bank Sort Code for KentBank d.d. is 4124003. This unique code identifies the bank within Croatia and is essential for domestic payment transactions.
| Key | Value |
|---|---|
| Bank Sort Code | 4124003 |
In Croatia bank sort codes are assigned bythe Hrvatska Narodna Banka (en: Croatian National Bank) and consist of 7 digits.
MFI ID: HR73656725926
KentBank d.d.’s MFI ID, HR73656725926, is assigned by the European Central Bank to identify the institution within the EU's financial system. The first two digits represent Croatia (HR), followed by the institutions's internal ID.
| Key | Value |
|---|---|
| MFI ID | HR73656725926 |
| Country Code | HR |
| MFI Code | 73656725926 |
TheBanks.eu identified several banks similar to KentBank d.d. based on various criteria, including:
