|Croatian Bank for Reconstruction and Development (HBOR) |
Export Credit Agency (ECA) in Croatia
About Croatian Bank for Reconstruction and Development
The Croatian Bank for Reconstruction and Development (HBOR) was established on 12th June 1992 by an Act of Parliament to aid the country in its post-war recovery.
Today, HBOR plays the role of a development and export bank within the Croatian banking system. Its main objective is to help finance the continued growth and development of the Croatian economy.
Other objectives include: 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.
A summary of Croatian Bank for Reconstruction and Development
Products and services offered by Croatian Bank for Reconstruction and Development
- Insurance of short-term export receivables
- Receivables for Small and Medium-Sized Entrepreneurs
- Pre-export financing insurance
- Supplier credit insurance
- Insurance against losses during the production
- Insurance of buyer credit or buyer’s bank credit
- Insurance of performance-related export guarantees
- Insurance of exporters’ working capital
- Loan portfolio
- Reinsurance of short-term export receivables
Raw Materials – From tobacco to spices, gold to bronze, commodities represent a large proportion of our trade finance portfolio
Finished Goods – Our innovative structuring capabilities allow us to put together complex finance structures, even if the end goods are finished
Metals – From scrap metal to alloys, we help traders and distributors access trade, receivable or PO finance for iron, steel and non-ferrous metals