Wüstenrot stambena štedionica d.d.

Bausparkasse Wüstenrot is an Austrian building and loan association specializing on housing financing products to the residents of Austria and several South-Eastern European countries. Wüstenrot stambena štedionica d.d. operates as a subsidiary of Bausparkasse Wüstenrot AG (Austria).

Bank Category

Housing savings banks

Financials

Total Assets (2017)
1 901.96 mln HRK  (-0.72%)
Annual Profit (2017)
1.74 mln HRK  (-35.41%)

Wüstenrot stambena štedionica d.d. is the 17th largest bank in Croatia in terms of total assets. In 2017 its total assets were 1 901,96 mln HRK, providing the bank with the market share of 0.48%. Wüstenrot stambena štedionica d.d. is the 2nd largest housing savings bank in Croatia (out of 5 housing savings banks) having market share of 24.03% amongst the banks of this category. In 2017 the bank's annual profit was 1,74 mln HRK.

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

Contacts

Heinzlova 33A, 10000, Zagreb, Croatia
+385 1 4803-777
+385 1 4803-798

Wüstenrot stambena štedionica d.d. is headquartered in Zagreb.

Bank Identifiers

MFI ID
HR07942675532

Financial Positions

Total Assets (2017)
1 901.96 mln HRK  (-0.72%)
Total Equity (2017)
110.48 mln HRK  (-26.10%)

In 2017 total assets of Wüstenrot stambena štedionica d.d. were 1 901.96 mln HRK. Decline compared to the previous period (2016) was -0.72%. The evolution of the total assets of Wüstenrot stambena štedionica d.d. is shown at Chart 1 below.

Total Assets of Wüstenrot stambena štedionica d.d..

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

Recent changes in total assets of Wüstenrot 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 -78.26%
Loans 1 260.7 1 301.9 +3.27%
Securities 127.2 103.6 -18.54%
Total Assets 1 915.7 1 902.0 -0.72%
Table 1. Recent changes in total assets of Wüstenrot stambena štedionica d.d. (mln HRK).

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

2016 2017 % change
Deposits 1 658.9 1 648.1 -0.65%
Total Liabilities 1 915.7 1 902.0 -0.72%
Table 2. Recent changes in total liabilities of Wüstenrot stambena štedionica d.d. (mln HRK).

Profit and Loss

Annual Profit (2017)
1.74 mln HRK  (-35.41%)

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

2016 2017 % change
Interest Income 92.2 85.3 -7.52%
Interest Charges -51.4 -44.0 -14.24%
Net Interest Income 40.9 41.2 +0.92%
Commission Income 22.6 21.8 -3.44%
Commission Charges -0.6 -0.7 +3.16%
Net Commission Income 22.0 21.2 -3.63%
Table 3. Recent changes in gross profit of Wüstenrot stambena štedionica d.d. (mln HRK).

In 2017 annual profit of Wüstenrot stambena štedionica d.d. was 1.74 mln HRK. Decline compared to the previous period (2016) was -35.41%. The evolution of the annual profit of Wüstenrot stambena štedionica d.d. is shown at Chart 2 below.

Annual Profit of Wüstenrot stambena štedionica d.d..

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

Market Share and Rank (among banks in Croatia)

Total Assets (2017)
17th (market share 0.48%)

In 2017 Wüstenrot stambena štedionica d.d. was ranked the 17th largest bank in Croatia in terms of total assets, having 0.48% of the domestic market share.

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

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

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

RankNameTotal AssetsMarket Share
16 KentBank d.d.2078.62 mln HRK0.52%
17 Wüstenrot stambena štedionica d.d.1901.96 mln HRK0.48%
18 PBZ stambena štedionica d.d.1819.62 mln HRK0.46%
 

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

Total Assets (2017)
2nd (market share 24.03%)

In 2017 Wüstenrot stambena štedionica d.d. was ranked the 2nd largest housing savings bank in Croatia in terms of total assets, having 24.03% of the category's market share.

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

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

Several housing savings banks having the market shares and ranks closest to Wüstenrot 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 Wüstenrot 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 Wüstenrot stambena štedionica d.d. is shown in the table below.

MFI ID  HR07942675532

European Presence: 5 banks in 4 countries

Wüstenrot stambena štedionica d.d. operates under the brand name Bausparkasse Wuestenrot. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Austria

Croatia

  •  (this bank) Wüstenrot stambena štedionica d.d. (Zagreb)

Czech Republic

Slovakia