Established in 2001, Primorska banka was a universal bank, offering a wide range of retail and business banking products and services. On 21 May 2018, the general assembly of Primorska banka adopted the Decision of entering into voluntary liquidation process and termination of business of Primorska banka as of 21 June 21 2018.
Primorska banka d.d. was the 27th largest bank in Croatia in terms of total assets. In 2017 its total assets were 567,74 mln HRK, providing the bank with the market share of 0.14%. In 2017 the bank's annual profit was -9,06 mln HRK.
Primorska banka d.d. participates in deposit guarantee scheme of Croatia. This scheme covers accounts up to 100 000 EUR per bank per depositor.
Primorska banka d.d. was headquartered in Rijeka.
|Total Assets (2017)|
|567.74 mln HRK (-12.51%)|
|Total Equity (2017)|
|68.85 mln HRK (-14.75%)|
In 2017 total assets of Primorska banka d.d. were 567.74 mln HRK. Decline compared to the previous period (2016) was -12.51%. The evolution of the total assets of Primorska banka d.d. is shown at Chart 1 below.
Chart 1. Total Assets of Primorska banka d.d..
Recent changes in total assets of Primorska banka d.d. and its main components are shown in Table 1.
|Cash and deposits with Central Banks||3.6||3.1||-13.62%|
|Table 1. Recent changes in total assets of Primorska banka d.d. (mln HRK).|
Recent changes in total liabilities of Primorska banka d.d. and its main components are shown in Table 2.
|Table 2. Recent changes in total liabilities of Primorska banka d.d. (mln HRK).|
|Annual Profit (2017)|
|-9 059 000.00 HRK|
Recent changes in gross profit of Primorska banka d.d. and its main components are shown in Table 3.
|Net Interest Income||12.7||2.6||-79.46%|
|Net Commission Income||10.9||5.9||-46.06%|
|Table 3. Recent changes in gross profit of Primorska banka d.d. (mln HRK).|
In 2017 annual profit of Primorska banka d.d. was -9 059 000.00 HRK. Decline compared to the previous period (2016) was -171.35%. The evolution of the annual profit of Primorska banka d.d. is shown at Chart 2 below.
Chart 2. Annual Profit of Primorska banka 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 Primorska banka 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 Primorska banka d.d. and its components are shown in the table below.
|Bank BIC Code||SPRM|
|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 Primorska banka 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||4132003|