Tourist Season Boosts Croatian Bank Deposits in June 

Deposits in Croatian banks increased by 600 million euros.


In June, deposits in Croatian banks increased by 600 million euros, mainly due to the tourist season’s start and foreign euro inflows. Overnight deposits grew, while fixed-term savings remained stagnant. Year-on-year deposit growth slowed to 5.8 percent. Credit activity continued at a similar pace, with household credit driving the increase. Housing loans only saw a modest rise despite government subsidies, while unsecured cash loans grew slower due to a judicial officials’ strike affecting housing credit subsidies. Overall, total loan growth decelerated to 9.2 percent in June, according to the Croatian National Bank’s analysis. 

Source: poslovni.hr

Jakub Warzecha

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