Veneto banka d.d.

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.

Bank Category

Commercial banks

Financials

Total Assets (2017)
1 142.19 mln HRK  (-23.79%)
Annual Profit (2017)
-15 148 000.00 HRK  (-88.78%)

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.

Contacts

Draškovićeva 58, 10000, Zagreb, Croatia
+385 1 4802-666
+385 1 4802-571

Veneto banka d.d. was headquartered in Zagreb.

Bank Identifiers

BIC (SWIFT)
CCBZHR2X
MFI ID
HR81712716992
Close Date
October 2018

Financial Positions

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.

Total Assets of Veneto banka d.d..

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.

2016 2017 % change
Cash and deposits with Central Banks 19.5 12.2 -37.58%
Loans 805.6 708.2 -12.08%
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.

2016 2017 % change
Deposits 1 232.2 849.9 -31.02%
Total Liabilities 1 498.8 1 142.2 -23.79%
Table 2. Recent changes in total liabilities of Veneto banka d.d. (mln HRK).

Profit and Loss

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.

2016 2017 % change
Interest Income 48.4 36.6 -24.37%
Interest Charges -26.7 -12.3 -53.95%
Net Interest Income 21.7 24.3 +12.11%
Commission Income 7.7 -6.9
Commission Charges -2.0 -2.1 +6.45%
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.

Annual Profit of Veneto banka d.d..

Chart 2. Annual Profit of Veneto banka d.d..

Market Share and Rank (among banks in Croatia)

Total Assets (2017)
26th (market share 0.29%)

In 2017 Veneto banka d.d. was ranked the 26th largest bank in Croatia in terms of total assets, having 0.29% of the domestic market share.

Market share of Veneto banka d.d. (among banks in Croatia)

Chart 3. Market share of Veneto banka d.d. (among banks in Croatia)

Several banks having the market shares and ranks closest to Veneto banka d.d. are shown below.

RankNameTotal AssetsMarket Share
25 Banka Kovanica d.d.1145.09 mln HRK0.29%
26 Veneto banka d.d. (closed)1142.19 mln HRK0.29%
27 Primorska banka d.d. (closed)567.74 mln HRK0.14%
 

Deposit Guarantee

Deposit Guarantee
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

Further Information

BIC

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.

BIC  CCBZHR2X
Bank BIC Code  CCBZ
Country Code  HR (Croatia)
Location Code  2X
Branch Code  -

MFI ID

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.

MFI ID  HR81712716992

European Presence: 1 bank in 1 country

Veneto banka d.d. operated under the brand name Veneto Banca. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Italy

Defunct Banks: 2 banks in 2 countries

The following banks operating under Veneto Banca brand name has been recently closed down:

Croatia

  •  (this bank) Veneto banka d.d. (Zagreb)

Romania