Zagrebačka banka d.d.

Zagrebačka banka d.d. is a universal bank, offering retail and corporate banking products and services to its customers.

Bank Category

Commercial banks

Financials

Total Assets (2017)
102.19 bln HRK  (-2.80%)
Annual Profit (2017)
839.36 mln HRK  (-50.90%)

Zagrebačka banka d.d. is the 1st largest bank in Croatia in terms of total assets. In 2017 its total assets were 102,19 bln HRK, providing the bank with the market share of 25.60%. In 2017 the bank's annual profit was 839,36 mln HRK.

Zagrebačka banka d.d. is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BBB- (good credit quality).

Zagrebačka banka d.d. participates in deposit guarantee scheme of Croatia. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Member of Group

 UniCredit (Italy)

Zagrebačka banka d.d. is a member of UniCredit (Italy).

Contacts

Trg bana Josipa Jelačića 10, 10000, Zagreb, Croatia
+385 1 6104-146
+385 1 6110-533

Zagrebačka banka d.d. is headquartered in Zagreb.

Bank Identifiers

BIC (SWIFT)
ZABAHR2X
MFI ID
HR92963223473
Bank Sort Code
2360000

Financial Positions

Total Assets (2017)
102.19 bln HRK  (-2.80%)
Total Equity (2017)
15 698.21 mln HRK  (-4.77%)

In 2017 total assets of Zagrebačka banka d.d. were 102.19 bln HRK. Decline compared to the previous period (2016) was -2.80%. The evolution of the total assets of Zagrebačka banka d.d. is shown at Chart 1 below.

Total Assets of Zagrebačka banka d.d..

Chart 1. Total Assets of Zagrebačka banka d.d..

Recent changes in total assets of Zagrebačka banka d.d. and its main components are shown in Table 1.

2016 2017 % change
Cash and deposits with Central Banks 2.3 2.4 +3.90%
Loans 67.9 63.8 -6.08%
Total Assets 105.1 102.2 -2.80%
Table 1. Recent changes in total assets of Zagrebačka banka d.d. (bln HRK).

Recent changes in total liabilities of Zagrebačka banka d.d. and its main components are shown in Table 2.

2016 2017 % change
Deposits 81.2 79.5 -1.98%
Total Liabilities 105.1 102.2 -2.80%
Table 2. Recent changes in total liabilities of Zagrebačka banka d.d. (bln HRK).

Profit and Loss

Annual Profit (2017)
839.36 mln HRK  (-50.90%)

Recent changes in gross profit of Zagrebačka banka d.d. and its main components are shown in Table 3.

2016 2017 % change
Interest Income 5 144.1 4 461.6 -13.27%
Interest Charges -2 416.5 -1 739.8 -28.00%
Net Interest Income 2 727.6 2 721.8 -0.21%
Commission Income 1 118.1 1 201.4 +7.45%
Commission Charges -145.6 -167.2 +14.84%
Net Commission Income 972.5 1 034.2 +6.35%
Table 3. Recent changes in gross profit of Zagrebačka banka d.d. (mln HRK).

In 2017 annual profit of Zagrebačka banka d.d. was 839.36 mln HRK. Decline compared to the previous period (2016) was -50.90%. The evolution of the annual profit of Zagrebačka banka d.d. is shown at Chart 2 below.

Annual Profit of Zagrebačka banka d.d..

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

Market Share and Rank (among banks in Croatia)

Total Assets (2017)
1st (market share 25.60%)

In 2017 Zagrebačka banka d.d. was ranked the 1st largest bank in Croatia in terms of total assets, having 25.60% of the domestic market share.

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

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

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

RankNameTotal AssetsMarket Share
1 Zagrebačka banka d.d.102188.36 mln HRK25.60%
2 Privredna banka Zagreb d.d.75881.49 mln HRK19.01%
3 Erste & Steiermärkische Bank d.d.57205.63 mln HRK14.33%
 

Credit Ratings (as of May 2018)

Fitch Moody's
BBB- (good credit quality) - (not rated)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Zagrebačka banka d.d. is rated by Fitch.

Credit ratings assigned to Zagrebačka banka d.d. as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Zagrebačka banka d.d. it is set to BBB- (good credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Zagrebačka banka d.d. is set to F3 (fair short-term credit quality).

Long-Term Issuer Default Rating  BBB-
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F3
Viability Rating  bb+
Support Rating  2
Support Rating Floor  -

Viability rating for Zagrebačka banka d.d. is set to bb+ (speculative fundamental credit quality); support rating is 2 (high probability of external support); support rating floor is not set.

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 Zagrebačka 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 Zagrebačka banka d.d. and its components are shown in the table below.

BIC  ZABAHR2X
Bank BIC Code  ZABA
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 Zagrebačka banka d.d. is shown in the table below.

MFI ID  HR92963223473

Bank Sort Code

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  2360000

Defunct Banks: 1 bank in 1 country

The following banks operating under Zagrebacka Banka brand name has been recently closed down:

Germany