Vaba d.d. Banka Varaždin (VABA Banka) was incorporated in 1994 as Brodsko-posavska banka d.d. and changed its name to Vaba d.d. Banka Varaždin in 2005. In 2014-2015 the bank was recapitalized by J&T Banka (Czech Republic) and J&T Bank became the majority owner of Vaba d.d. Banka Varaždin. VABA Banka offers a range of retail and corporate banking products and services to domestic and international clients.
J&T banka d.d. is the 23rd largest bank in Croatia in terms of total assets. In 2017 its total assets were 1 276,20 mln HRK, providing the bank with the market share of 0.32%. In 2017 the bank's annual profit was -29,07 mln HRK.
J&T banka d.d. participates in deposit guarantee scheme of Croatia. This scheme covers accounts up to 100 000 EUR per bank per depositor.
J&T banka d.d. is headquartered in Varaždin.
|domestic and international|
time deposit accounts (0.30 - 0.80 %)
business debit cards
J&T banka d.d. provides products and services in the areas of retail banking, corporate banking. The range of products offered by J&T banka d.d. includes current accounts, debit cards, savinds accounts, time deposit accounts (0.30 - 0.80 %), consumer loans, business accounts, business debit cards, business loans. J&T banka d.d. makes its solutions available to domestic and international.
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 However the money deposited to such account cannot be withdrawn for a specified period of time (term).
Time deposit accounts made with J&T banka d.d. are covered by deposit guarantee scheme of Croatia up to 100 000 EUR per depositor. J&T banka d.d. offers the following time deposit accounts.
Updated on 22 February 2019
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.
|Total Assets (2017)|
|1 276.20 mln HRK (-16.82%)|
|Total Equity (2017)|
|138.07 mln HRK (-16.76%)|
In 2017 total assets of J&T banka d.d. were 1 276.20 mln HRK. Decline compared to the previous period (2016) was -16.82%. The evolution of the total assets of J&T banka d.d. is shown at Chart 1 below.
Chart 1. Total Assets of J&T banka d.d..
Recent changes in total assets of J&T banka d.d. and its main components are shown in Table 1.
|Cash and deposits with Central Banks||16.6||9.4||-43.53%|
|Total Assets||1 534.3||1 276.2||-16.82%|
|Table 1. Recent changes in total assets of J&T banka d.d. (mln HRK).|
Recent changes in total liabilities of J&T banka d.d. and its main components are shown in Table 2.
|Total Liabilities||1 534.3||1 276.2||-16.82%|
|Table 2. Recent changes in total liabilities of J&T banka d.d. (mln HRK).|
|Annual Profit (2017)|
|-29 073 000.00 HRK (-66.42%)|
Recent changes in gross profit of J&T banka d.d. and its main components are shown in Table 3.
|Net Interest Income||31.3||40.7||+29.93%|
|Net Commission Income||3.9||5.3||+34.95%|
|Table 3. Recent changes in gross profit of J&T banka d.d. (mln HRK).|
In 2017 annual profit of J&T banka d.d. was -29 073 000.00 HRK. Decline compared to the previous period (2016) was -66.42%. The evolution of the annual profit of J&T banka d.d. is shown at Chart 2 below.
Chart 2. Annual Profit of J&T 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 J&T 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 J&T banka d.d. and its components are shown in the table below.
|Bank BIC Code||VBVZ|
|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 J&T 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||2489004|
The following banks operating under JT Bank brand name has been recently closed down: