Tesla štedna banka d.d.

Tesla Štedna Banka was a savings bank, specialized on providing a wide range of savings products and loans to its customers, individuals and business entities. On March 30, 2018 bankruptcy proceedings were initiated against Tesla Štedna Banka.

Bank Category

Savings banks

Financials

Total Assets (2016)
3.64 mln HRK  (-60.05%)
Annual Profit (2016)
-5 444 000.00 HRK  (+3.36%)

Tesla štedna banka d.d. was the 31st largest bank in Croatia in terms of total assets. In 2016 its total assets were 3,64 mln HRK, providing the bank with the market share of 0.00%. In 2016 the bank's annual profit was -5,44 mln HRK.

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

Contacts

Trg J.F.Kennedya 6B, 10000, Zagreb, Croatia
+385 1 2226-522
+385 1 2226-523

Tesla štedna banka d.d. was located in Zagreb.

Bank Identifiers

BIC (SWIFT)
ASBZHR22
MFI ID
HR82901735413
Bank Sort Code
6717002
Close Date
March 2018

Financial Positions

Total Assets (2016)
3.64 mln HRK  (-60.05%)
Total Equity (2016)
-805 000.00 HRK

In 2016 total assets of Tesla štedna banka d.d. were 3.64 mln HRK. Decline compared to the previous period (2015) was -60.05%. The evolution of the total assets of Tesla štedna banka d.d. is shown at Chart 1 below.

Total Assets of Tesla štedna banka d.d..

Chart 1. Total Assets of Tesla štedna banka d.d..

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

2015 2016 % change
Cash and deposits with Central Banks 0.2 0.1 -53.45%
Loans 2.8 1.0 -65.47%
Total Assets 9.1 3.6 -60.05%
Table 1. Recent changes in total assets of Tesla štedna banka d.d. (mln HRK).

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

2015 2016 % change
Deposits 0.1 0.0 -56.96%
Total Liabilities 9.1 3.6 -60.05%
Table 2. Recent changes in total liabilities of Tesla štedna banka d.d. (mln HRK).

Profit and Loss

Annual Profit (2016)
-5 444 000.00 HRK  (+3.36%)

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

2015 2016 % change
Interest Income 266 000.0 106 000.0 -60.15%
Interest Charges -59 000.0 -113 000.0 +91.53%
Net Interest Income 208 000.0 -7 000.0
Commission Income 33 000.0 33 000.0 0.00%
Commission Charges -92 000.0 -69 000.0 -25.00%
Net Commission Income -59 000.0 -36 000.0 -38.98%
Table 3. Recent changes in gross profit of Tesla štedna banka d.d. ( HRK).

In 2016 annual profit of Tesla štedna banka d.d. was -5 444 000.00 HRK. Growth compared to the previous period (2015) was 3.36%. The evolution of the annual profit of Tesla štedna banka d.d. is shown at Chart 2 below.

Annual Profit of Tesla štedna banka d.d..

Chart 2. Annual Profit of Tesla štedna banka d.d..

Market Share and Rank (among banks in Croatia)

Total Assets (2016)
31st (market share 0.00%)

In 2016 Tesla štedna banka d.d. was ranked the 31st largest bank in Croatia in terms of total assets, having 0.00% of the domestic market share.

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

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

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

RankNameTotal AssetsMarket Share
27 Primorska banka d.d. (closed)648.95 mln HRK0.14%
28 Samoborska banka d.d.479.49 mln HRK0.12%
29 HPB - Stambena štedionica d.d.332.02 mln HRK0.09%
31 Tesla štedna banka d.d. (closed)3.64 mln HRK0.00%
 

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

BIC  ASBZHR22
Bank BIC Code  ASBZ
Country Code  HR (Croatia)
Location Code  22
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 Tesla štedna banka d.d. is shown in the table below.

MFI ID  HR82901735413

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  6717002