Hrvatska poštanska banka d.d. or HPB is the largest Croatian-owned bank in the country and ranks 6th in

Croatia , image_flag = Flag of Croatia.svg , image_coat = Coat of arms of Croatia.svg , anthem = "Lijepa naša domovino"("Our Beautiful Homeland") , image_map = , map_caption = , capit ...

in terms of total assets, worth around HRK 21.25 billion.Bank Profile: Hrvatska Poštanska Banka (HPB)
/ref> The bank was founded in October 1991 by

Hrvatska pošta HP-Hrvatska pošta d.d., founded in 1999, is a joint stock company owned by the Republic of Croatia that performs postal and payment transactions. It is the national postal operator of the Republic of Croatia. 1,016 Croatian Post offices re ...

, the Croatian national postal service, which was the bank's majority shareholder until 2001. Since 2001, the

Government of Croatia The Government of Croatia ( hr, Vlada Hrvatske), formally the Government of the Republic of Croatia ( hr, Vlada Republike Hrvatske), commonly abbreviated to Croatian Government ( hr, hrvatska Vlada), is the main executive branch of government ...

is the majority owner of the bank, via stakes acquired by the state-owned fund ''Hrvatski fond za privatizaciju'' and the national pension fund ''Hrvatski zavod za mirovinsko osiguranje''. HPB is listed on the

Zagreb Stock Exchange The Zagreb Stock Exchange or ZSE ( hr, Zagrebačka burza ) is a stock exchange located in Zagreb, Croatia. It is Croatia's only stock exchange. The exchange trades shares of Croatian companies, as well as bonds and commercial bills. The ZSE was ...

. In November 2019, the International Banker awarded Hrvatska poštanska banka as the best

commercial bank A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with cor ...

of the year in Croatia. In March 2020, HPB decided to retain 2019 net profit, accepting a resolution of the Croatia's central bank. In September 2021, the supervisory board of HPB appointed Marko Badurina as President of the HPB Management Board, and Anto Mihaljević and Ivan Soldo as Members of the management board. The CNB Council approved the propositions. In March 2022, the EU unit of

Sberbank PJSC Sberbank (russian: Сбербанк, initially a contraction of russian: сберегательный банк, translit=sberegatelnyy bank, lit=savings bank, link=no) is a Russian majority state-owned banking and financial services compan ...

went into insolvency (due to the EU sanctions in reaction to the

2022 Russian invasion of Ukraine On 24 February 2022, in a major escalation of the Russo-Ukrainian War, which began in 2014. The invasion has resulted in tens of thousands of deaths on both sides. It has caused Europe's largest refugee crisis since World War II. An ...

and the

Single Resolution Board The Single Resolution Board (SRB) is an EU agency that was established in Brussels in 2015 as part of the broader set of reforms known as the banking union. It acts as the resolution authority for a subset of banks in the euro area and as the inst ...

decided to transfer all shares of the Sberbank's Croatian subsidiary to HPB. On the 2nd of March, HPB officially bought the local unit of Sberbank for 71 million kuna (€9.4 million euro). ;Ownership structure *

Republic of Croatia , image_flag = Flag of Croatia.svg , image_coat = Coat of arms of Croatia.svg , anthem = "Lijepa naša domovino"("Our Beautiful Homeland") , image_map = , map_caption = , capit ...

(42.4293%) *

Croatian Post Croatian may refer to: *Croatia , image_flag = Flag of Croatia.svg , image_coat = Coat of arms of Croatia.svg , anthem = "Lijepa naša domovino"("Our Beautiful Homeland") , image_map = , ...

(11.9336%) *State Agency for Deposit Insurance and Bank Resolution (8.9803%) *Croatian Pension Insurance Institute (8.7577%) *Hrvatska poštanska banka PLC – treasury shares (0.0393%) *Other shareholders (each under 5% of share of the equity capital) (27.8597%)

References

External links

* {{DEFAULTSORT:Hrvatska postanska banka Banks established in 1991 Banks of Croatia Companies listed on the Zagreb Stock Exchange 1991 establishments in Croatia Government-owned companies of Croatia Banks based in Zagreb Postal savings system