Prva stambena štedionica d.d.

Prva stambena štedionica d.d. was a housing savings bank providing mortgage loans and savings products to individuals. On 1 June 2018, Prva stambena štedionica d.d. was merged into Zagrebacka Banka.

Bank Category

Housing savings banks

Financials

Total Assets (2017)
2 643.63 mln HRK  (+3.31%)
Annual Profit (2017)
21.41 mln HRK  (-13.48%)

Prva stambena štedionica d.d. was the 13th largest bank in Croatia in terms of total assets. In 2017 its total assets were 2 643,63 mln HRK, providing the bank with the market share of 0.66%. Prva stambena štedionica d.d. was the 1st largest housing savings bank in Croatia (out of 5 housing savings banks) having market share of 33.40% amongst the banks of this category. In 2017 the bank's annual profit was 21,41 mln HRK.

Prva stambena štedionica 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)

Prva stambena štedionica d.d. is a member of UniCredit (Italy).

Contacts

Savska 60, 10000, Zagreb, Croatia
+385 1 6065-127
+385 1 6065-120

Prva stambena štedionica d.d. was headquartered in Zagreb.

Bank Identifiers

MFI ID
HR68943898183
Close Date
June 2018

Financial Positions

Total Assets (2017)
2 643.63 mln HRK  (+3.31%)
Total Equity (2017)
324.34 mln HRK  (+0.85%)

In 2017 total assets of Prva stambena štedionica d.d. were 2 643.63 mln HRK. Growth compared to the previous period (2016) was 3.31%. The evolution of the total assets of Prva stambena štedionica d.d. is shown at Chart 1 below.

Total Assets of Prva stambena štedionica d.d..

Chart 1. Total Assets of Prva stambena štedionica d.d..

Recent changes in total assets of Prva stambena štedionica d.d. and its main components are shown in Table 1.

2016 2017 % change
Cash and deposits with Central Banks 0.0 0.0 0.00%
Loans 1 456.7 1 334.9 -8.36%
Securities 1 053.8 1 043.6 -0.97%
Total Assets 2 559.0 2 643.6 +3.31%
Table 1. Recent changes in total assets of Prva stambena štedionica d.d. (mln HRK).

Recent changes in total liabilities of Prva stambena štedionica d.d. and its main components are shown in Table 2.

2016 2017 % change
Deposits 2 182.6 2 273.0 +4.14%
Total Liabilities 2 559.0 2 643.6 +3.31%
Table 2. Recent changes in total liabilities of Prva stambena štedionica d.d. (mln HRK).

Profit and Loss

Annual Profit (2017)
21.41 mln HRK  (-13.48%)

Recent changes in gross profit of Prva stambena štedionica d.d. and its main components are shown in Table 3.

2016 2017 % change
Interest Income 111.6 105.2 -5.70%
Interest Charges -67.0 -62.1 -7.25%
Net Interest Income 44.6 43.1 -3.36%
Commission Income 11.8 9.7 -17.68%
Commission Charges -1.6 -1.4 -15.56%
Net Commission Income 10.2 8.4 -18.02%
Table 3. Recent changes in gross profit of Prva stambena štedionica d.d. (mln HRK).

In 2017 annual profit of Prva stambena štedionica d.d. was 21.41 mln HRK. Decline compared to the previous period (2016) was -13.48%. The evolution of the annual profit of Prva stambena štedionica d.d. is shown at Chart 2 below.

Annual Profit of Prva stambena štedionica d.d..

Chart 2. Annual Profit of Prva stambena štedionica d.d..

Market Share and Rank (among banks in Croatia)

Total Assets (2017)
13th (market share 0.66%)

In 2017 Prva stambena štedionica d.d. was ranked the 13th largest bank in Croatia in terms of total assets, having 0.66% of the domestic market share.

Market share of Prva stambena štedionica d.d. (among banks in Croatia)

Chart 3. Market share of Prva stambena štedionica d.d. (among banks in Croatia)

Several banks having the market shares and ranks closest to Prva stambena štedionica d.d. are shown below.

RankNameTotal AssetsMarket Share
12 Podravska banka d.d.3274.91 mln HRK0.82%
13 Prva stambena štedionica d.d. (closed)2643.63 mln HRK0.66%
14 Croatia banka d.d.2494.33 mln HRK0.62%
 

Market Share and Rank (among Housing savings banks in Croatia)

Total Assets (2017)
1st (market share 33.40%)

In 2017 Prva stambena štedionica d.d. was ranked the 1st largest housing savings bank in Croatia in terms of total assets, having 33.40% of the category's market share.

Market share of Prva stambena štedionica d.d. (among Housing savings banks in Croatia)

Chart 4. Market share of Prva stambena štedionica d.d. (among Housing savings banks in Croatia)

Several housing savings banks having the market shares and ranks closest to Prva stambena štedionica d.d. are shown below.

RankNameTotal AssetsMarket Share
1 Prva stambena štedionica d.d. (closed)2643.63 mln HRK33.40%
2 Wüstenrot stambena štedionica d.d.1901.96 mln HRK24.03%
3 PBZ stambena štedionica d.d.1819.62 mln HRK22.99%
 

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 Prva stambena štedionica 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

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 Prva stambena štedionica d.d. is shown in the table below.

MFI ID  HR68943898183