The Croatian National Bank (CNB) serves as the independent regulator for five housing savings banks and 28 commercial banks in Croatia. Founded in 1990, the CNB aims to maintain price stability and ensure the soundness of the country’s financial system. In 2013, it joined the European System of Central Banks and started performing its role under the Statute of the ESCB and the ECB, following Croatia’s entry into the European Union.
The Croatian banking sector remains one of the domestic economy’s strongest sectors, primarily as a result of relatively disciplined borrowers and efficient regulation. More than 90% of all banking assets in the country are foreign-owned, with the top five banks in Croatia accounting for over 70% of the sector’s total assets.
For anyone considering a banking career in Croatia, this list of top banks in Croatia is a helpful guide on where to start. To learn more, see our list of financial institutions.
The Top Banks in Croatia Include:
Privredna Banka (PBZ)
Established in 1962, Privredna Banka (PBZ) serves retail and corporate clients in Croatia, offering a wide range of specialized banking products and services. PDZ operates as a subsidiary of Intesa Sanpaolo (Italy), joining the Italian group in 2007. Headquartered in Zagreb, as one of the largest banks in Croatia, it manages 254 branches and 1,141 ATMs throughout the country.
Revenue: HRK 3.735 billion (2020)
Net income: HRK 0.98 billion (2020)
Total assets: HRK 128.6 billion (3/2021)
Raiffeisenbank Austria Zagreb (RBA)
Founded in 1994, Raiffeisenbank Austria Zagreb (RBA) offers a full range of banking and other financial products and services. A wholly-owned subsidiary of Raiffeisenbank Banking Group (Austria), RBA is the first of the banks in Croatia that was established with foreign capital. Based in Zagreb, the bank oversees a network of 70 branches located in 36 Croatian cities.
Revenue: HRK 2.05 billion (2020)
Net income: HRK 127.0 million (2020)
Total assets: HRK 40.13 billion (2020)
Erste & Steiermärkische Bank
Established in 1954, Erste & Steiermärkische Bank provides financial products and services to individual and corporate clients in Croatia. Operating as a member of the Erste Group, the bank manages 132 branches and 635 ATMs throughout the country. It also manages eight entrepreneurial, 13 commercial, and nine profit centers for corporate clients.
Revenue: HRK 3.00 billion (2020)
Net income: HRK 460 million (2020)
Total assets: HRK 82.47 billion (2020)
Addiko Bank is one of the banks in Croatia that primarily serves the retail banking sector. The bank came into existence in 1996, following the acquisition of the European Bank of Reconstruction and Development and Advent International of Hypo Alpe, Adria’s southeastern Europe banking network from Heta Asset Resolution. Based in Zagreb, it is a member of the Addiko Bank (Austria).
Revenue: HRK 564.9 million (2020)
Net income: HRK 87.10 million (2020)
Total assets: HRK 17.66 billion (2020)
Splitska Banka, formerly Komunalna Banka, offers a comprehensive range of individual and corporate banking services in Croatia. Founded in 1965, it became a joint-stock company and assumed its current name in 1981. Headquartered in Split, the bank is a member of OTP Bank (Hungary).
Revenue: HRK 760 million (2017)
Net income (loss): (HRK 98 million) (2017)
Total assets: HRK 26.88 billion (2017)
Hrvatska Poštanska Banka (HPB)
Incorporated in 1992, Hrvatska Poštanska Banka (HPB) is the biggest domestic-owned bank in Croatia. HPB focuses on serving retail banking clients, as well as SMEs, across the country. The bank manages a network of 55 branch offices, 550 ATMs, and more than 1,000 cash-in/cash-out points at the Croatian Post.
Revenue: HRK 696.26 million (2020)
Net income: HRK 183.38 million (2020)
Total assets: HRK 25.46 billion (2020)
Founded in 1914, Zagrebacka Banka started operating as City Savings Bank. It offers savings products and mortgage loans to individuals. Based in Zagreb, the housing savings bank operates as a subsidiary of the Italian banking and financial services group, UniCredit.
Revenue: HRK 3.95 billion (2020)
Net income: HRK 1. billion (2020)
Total assets: HRK 149.74 billion (2020)
Sberbank, formerly Volksbank, caters to retail customers, small and medium-sized enterprises, and large corporations in Croatia, providing a wide range of banking products and services. The bank is a member of financial conglomerate Sberbank Europe AG (Austria). Headquartered in Zagreb, it oversees 31 branches in 22 cities across the country.
Revenue: HRK 230 million (2020)
Net income: HRK -35.66 million (2020)
Total assets: HRK 11.06 billion (2020)
Incorporated in 1994, Agram Banka (formerly known as Kreditna Banka Zagreb) offers a comprehensive range of retail deposit, business, and lending services. The bank conducts its operations through its retail, corporate banking, Treasury, and ICT divisions. It manages 24 branch offices and three local offices located throughout Croatia.
Revenue: HRK 117.62 million (2020)
Net income: HRK 28.26 million (2020)
Total assets: HRK 4.20 billion (3/2021)
Podravska Banka (POBA)
Podravska Banka (POBA) traces its roots to Equity Savings Bank of Koprivnic, founded in 1872, making it one of the oldest banks in Croatia. The bank offers a wide range of financial products and services, with a special focus on individuals, businessmen and professionals, and SMEs. It also provides online brokerage and investment banking solutions. POBA operates 22 branches and a number of other distribution channels.