Croatian Bank for Reconstruction and Development (HBOR) | Export Credit Agency (ECA) in Croatia

Export Credit Agency (ECA) in Croatia

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Croatian Bank for Reconstruction and Development (HBOR) |
Export Credit Agency (ECA) in Croatia 		    HBOR Logo

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

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Finished Goods – Our innovative structuring capabilities allow us to put together complex finance structures, even if the end goods are finished

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Metals – From scrap metal to alloys, we help traders and distributors access trade, receivable or PO finance for iron, steel and non-ferrous metals

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Key Stats

Name:

Croatian Bank for Reconstruction and Development (HBOR)

Country:

Croatia, Europe

CEO:

Tamara Perko (President)

Founded:

1992

Employees:

192

Government:

Croatia

Company Number:

--

Address:

Strossmayerov trg 9 10000 Zagreb

Email Address:

hbor@hbor.hr

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About the Author

Elcyn Domingo is responsible for the TFG Weekly Trade Briefings at Trade Finance Global.

She holds a Bachelor of Science degree in Information and Technology and is passionate about how SMEs can use new technologies to overcome challenges for business growth, with regard to both digital and sustainable models for trade.

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