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Croatian Bank for Reconstruction and Development

Croatian Bank for Reconstruction and Development
Hrvatska banka za obnovu i razvitak (HBOR)
HBOR headquarters in Zagreb
HBOR headquarters in Zagreb
HBOR is located in Croatia
HBOR
HBOR
Location in Croatia
General information
TypeOffice
LocationZagreb, Croatia
AddressStrojarska cesta 20, 10000 Zagreb, Croatia
Coordinates45°48′09″N 15°57′34″E / 45.8025°N 15.9594°E / 45.8025; 15.9594
Opened12th June 1992
OwnerGovernment of Croatia

Croatian Bank for Reconstruction and Development (Croatian: Hrvatska banka za obnovu i razvitak, HBOR) is Croatia's national development bank. Its task is the promotion of the development of the Croatian economy by extending loans, insuring export transactions against political and commercial risks, issuing guarantees, and providing business advice.[1]

Main activities of HBOR:

  • Financing the reconstruction and development of Croatian economy
  • Financing infrastructure
  • Promoting exports
  • Supporting the development of small and medium-sized enterprises
  • Promoting environmental protection
  • Insuring the exports of Croatian goods and services from non-marketable risks

See also

References

  1. ^ "Croatian Bank for Reconstruction and Development". Archived from the original on March 13, 2014. Retrieved March 13, 2014.
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