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.
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.
Tesla štedna banka d.d. was located in Zagreb.
| 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.
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). | |||
| 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.
Chart 2. Annual Profit of Tesla štedna banka d.d..
| 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.
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.
| Rank | Name | Total Assets | Market Share |
|---|---|---|---|
| 27 |  Primorska banka d.d. (closed) | 648.95 mln HRK | 0.14% |
| 28 |  Samoborska banka d.d. | 479.49 mln HRK | 0.12% |
| 29 |  HPB - Stambena štedionica d.d. | 332.02 mln HRK | 0.09% |
| 31 |  Tesla štedna banka d.d. (closed) | 3.64 mln HRK | 0.00% |
| 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 |
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 (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 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 |
