Croatia´s Banking Sector Remains Competitive

Businessn.a. ♦ Published: November 9, 2013; 17:39 ♦ (Vindobona)

The Croat legal system is perceived as major weakness. Credit demand is going down for years.

Croatia´s Banking Sector Remains Competitive / Picture: © Vindobona.org

 

“Croatian cities and villages are served by both foreign –mainly Italian and Austrian – and domestic universal banks serving a broad client spectrum. Foreign bank subsidiaries are regarded as strong competitors in the retail, small and medium-sized enterprise (SME) and large corporate segments. Most parent banks set explicit credit growth targets…