Created by Anna Mileiko 
Established on 25 September 2001, Primorska banka was a regional 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 2018.
In 2017, Primorska banka d.d. achieved the position of 27th largest bank in Croatia with a market share of 0.14%; its total assets dropped by 12.51%.
Additionally, the bank became the 25th profitable bank in relation to its total assets showcasing -1.49% return on assets and -12.11% return on equity in 2017.
Also the lender held the 29th position regarging its loans-to-deposits (L/D) registering 19.87% L/D ratio in 2017.
Deposits up to 100,000 EUR are covered by Croatian deposit guarantee scheme in Primorska banka d.d.
branch
online banking
Primorska banka d.d. ranked as the 27th largest bank in Croatia by total assets. In 2017 its total assets were 567.74 mln HRK, representing a 0.14% market share. In 2017 the bank's annual profit was -9.06 mln HRK.
State Agency for Deposit Insurance and Bank Resolution (DAB)Primorska banka 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.
Scarpina 7, 51000, Rijeka, Croatia
+385 51 355-777
+385 51 332-762
http://www.primorska.hr/Primorska banka d.d. was headquartered in Rijeka.
Primorska banka d.d. was authorized and supervised by the Hrvatska Narodna Banka.
MaestroPrimorska banka d.d. provides products and services in the areas of retail banking, private banking, business banking, trade finance. Primorska banka d.d. offers a range of products including current accounts, debit cards, savings accounts, cash loans, consumer loans, mortgage loans, lombard loans, business loans, bank guarantees.
branch online bankingProducts and services offered by Primorska banka d.d. are available at its branches and via its online banking system.
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.
| 2016 | 2017 | change (%) | |
|---|---|---|---|
| Cash and deposits with Central Banks | 3.6 | 3.1 | -13.62% |
| Loans | 190.3 | 86.5 | -54.55% |
| Total Assets | 649.0 | 567.7 | -12.51% |
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.
| 2016 | 2017 | change (%) | |
|---|---|---|---|
| Deposits | 505.5 | 435.3 | -13.88% |
| Total Liabilities | 649.0 | 567.7 | -12.51% |
Table 2. Recent changes in total liabilities of Primorska banka d.d. (mln HRK).
Recent changes in gross profit of Primorska banka d.d. and its main components are shown in Table 3.
| 2016 | 2017 | change (%) | |
|---|---|---|---|
| Interest Income | 23.6 | 13.1 | -44.29% |
| Interest Charges | -10.9 | -10.5 | -3.27% |
| Net Interest Income | 12.7 | 2.6 | -79.46% |
| Commission Income | 12.3 | 7.9 | -36.35% |
| Commission Charges | -1.4 | -2.0 | +38.77% |
| 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..
In 2017 Primorska banka d.d. was ranked the 27th largest bank in Croatiain terms of total assets, having 0.14% of the domestic market share. Primorska banka d.d. also became # 29 in terms of loans (market share - 0.04%), # 27 in terms of deposits (market share - 0.14%).
Chart 3. Market share of Primorska banka d.d. (among banks in Croatia)
Historical changes in Primorska banka d.d.'s domestic rank and market share over 2013-2017 are shown below:
| Year | Rank | Market % |
|---|---|---|
| 2017 | 27 | 0.14 % |
| 2016 | 28 | 0.16 % |
| 2015 | 31 | 0.11 % |
| 2014 | 31 | 0.08 % |
| 2013 | 34 | 0.06 % |
TheBanks.eu identified several banks banks having the market shares and ranks closest to Primorska banka d.d. listed below.
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 26 |  | 0.29% | 1,142.19 mln HRK (-23.79%) |
| 27 | | 0.14% | 567.74 mln HRK (-12.51%) |
| 28 |  | 0.13% | 99.04 mln EUR (+12.41%) |
Discover key identifiers of Primorska banka d.d. including its BIC, sort code, MFI ID.
BIC: SPRMHR22
The BIC (also known as SWIFT code) for Primorska banka d.d. is SPRMHR22. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.
| Key | Value |
|---|---|
| BIC | SPRMHR22 |
| Bank BIC Code | SPRM |
| Country Code | HR (Croatia) |
| Location Code | 22 |
| Branch Code | - |
Bank Sort Code: 4132003
The Bank Sort Code for Primorska banka d.d. is 4132003. This unique code identifies the bank within Croatia and is essential for domestic payment transactions.
| Key | Value |
|---|---|
| Bank Sort Code | 4132003 |
In Croatia bank sort codes are assigned bythe Hrvatska Narodna Banka (en: Croatian National Bank) and consist of 7 digits.
MFI ID: HR96675880337
Primorska banka d.d.’s MFI ID, HR96675880337, 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 | HR96675880337 |
| Country Code | HR |
| MFI Code | 96675880337 |
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