The Croatian National Bank’s Council adopted the central bank’s audited 2024 financial statements and decided how to allocate the year’s profit. The Croatian National Bank recorded a profit of EUR 10.5m, of which EUR 8.4m will be transferred to the State Budget and EUR 2.1m allocated to the Croatian National Bank’s general reserves under Article 57 of the Act on the Croatian National Bank. Net interest income was EUR 46.4m, with interest income arising from the management of own financial assets and remuneration from intra-Eurosystem claims, while the largest interest expense was interest on banks’ overnight deposits at the Croatian National Bank of EUR 532.2m. Accrued interest on government deposits reached EUR 144.2m, up EUR 31.5m from 2023. Pooling of monetary income within the Eurosystem had a negative impact, with related expenditure of EUR 189.8m. Income from fees for supervision of credit institutions was EUR 17.1m, while other income included EUR 227.8m recognised pursuant to a Council decision on the estimated amount of kuna banknotes that will not be returned. Operating expenses totalled EUR 110m, and risk buffers (revaluation accounts, provisions, general reserves and capital) stood at EUR 1.9bn at end-2024, up from EUR 1.7bn a year earlier.
Croatian National Bank 2025-02-24
Croatian National Bank adopts 2024 financial statements and allocates EUR 10.5m profit between the state budget and reserves
The Croatian National Bank’s Council approved the audited 2024 financial statements, reporting a profit of EUR 10.5m. Of this, EUR 8.4m will be transferred to the State Budget and EUR 2.1m allocated to the bank’s general reserves. Key financial figures include net interest income of EUR 46.4m and operating expenses of EUR 110m, with risk buffers increasing to EUR 1.9bn by year-end.