Veneto Banka was a universal bank, offering retail and corporate banking products and services to its customers. In October 2018, Veneto Banka was merged with Privredna banka Zagreb.
Veneto banka d.d. was the 26th largest bank in Croatia in terms of total assets. In 2017 its total assets were 1 142,19 mln HRK, providing the bank with the market share of 0.29%. In 2017 the bank's annual profit was -15,15 mln HRK.
Veneto banka d.d. participates in deposit guarantee scheme of Croatia. This scheme covers accounts up to 100 000 EUR per bank per depositor.
Veneto banka d.d. was headquartered in Zagreb.
|Total Assets (2017)|
|1 142.19 mln HRK (-23.79%)|
|Total Equity (2017)|
|177.13 mln HRK (-8.41%)|
In 2017 total assets of Veneto banka d.d. were 1 142.19 mln HRK. Decline compared to the previous period (2016) was -23.79%. The evolution of the total assets of Veneto banka d.d. is shown at Chart 1 below.
Chart 1. Total Assets of Veneto banka d.d..
Recent changes in total assets of Veneto banka d.d. and its main components are shown in Table 1.
|Cash and deposits with Central Banks||19.5||12.2||-37.58%|
|Total Assets||1 498.8||1 142.2||-23.79%|
|Table 1. Recent changes in total assets of Veneto banka d.d. (mln HRK).|
Recent changes in total liabilities of Veneto banka d.d. and its main components are shown in Table 2.
|Total Liabilities||1 498.8||1 142.2||-23.79%|
|Table 2. Recent changes in total liabilities of Veneto banka d.d. (mln HRK).|
|Annual Profit (2017)|
|-15 148 000.00 HRK (-88.78%)|
Recent changes in gross profit of Veneto banka d.d. and its main components are shown in Table 3.
|Net Interest Income||21.7||24.3||+12.11%|
|Net Commission Income||5.7||-9.0|
|Table 3. Recent changes in gross profit of Veneto banka d.d. (mln HRK).|
In 2017 annual profit of Veneto banka d.d. was -15 148 000.00 HRK. Decline compared to the previous period (2016) was -88.78%. The evolution of the annual profit of Veneto banka d.d. is shown at Chart 2 below.
Chart 2. Annual Profit of Veneto 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 Veneto 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 Veneto banka d.d. and its components are shown in the table below.
|Bank BIC Code||CCBZ|
|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 Veneto banka d.d. is shown in the table below.
The following banks operating under Veneto Banca brand name has been recently closed down: