Croatian Bank for Reconstruction and Development

Croatian Bank for Reconstruction and Development, Croatia

Croatian Bank for Reconstruction and Development

General Information

Croatian Bank for Reconstruction and Development (HBOR) was established in 1992 and is entirely owned by the Republic of Croatia. It has a threefold role:

  • National promotional bank
  • Export bank
  • Export credit agency.

HBOR pursues the strategic goals of the Republic of Croatia, promotes environmental protection, covers market gaps and acts as market developer in underserved niches.

HBOR’s mission: Proactive support for the development of Croatia

HBOR’s vision: Spark of Croatia’s innovation and sustainable growth

HBOR Strategy
2020 – 2024

Strategic goals for HBOR’s operations focus on promoting:

  • development of equity and quasi-equity market in the Republic of Croatia
  • balanced and sustainable economic and social regional, rural and urban development of the Republic of Croatia
  • Croatian economy internationalisation and globalisation
  • economic recovery from the COVID-19 pandemic and competitiveness emphasising innovation, digital transformation and Industry 4.0
  • climate and energy neutral economy through energy efficiency, renewable energy sources and environmental protection.

Special focus is on the support to small and medium-sized enterprises and underdeveloped regions through the use of national sources of finance, and particularly through the use of available EU funds. Favourable terms and conditions make this sector the one with the highest lending volume.

HBOR’s programmes
and activities

  • loan programmes for private and public sector investments including the loan programme for the utilisation of available EU funds
  • National Recovery and Resilience Plan (NRRP) Financial Instruments
  • infrastructure development, particularly in the field of promotion of environmental protection, the use of renewable energies resources and enhancing investments in energy efficiency projects
  • important role in management and implementation of ESIF financial instruments
  • support to exporters in all stages of an export transaction, starting from negotiations on an export transaction to the final payment of an export transaction
  • export credit insurance instruments enabling entrepreneurs, commercial banks and financial institutions to reduce and share risks
  • development of Croatian capital market by investing in venture capital and private equity funds.


Ms. Marina Marasović – Managing Director – EU Funds and Financial Instruments

Strossmayerov trg 9
10000 Zagreb, Croatia
Tel: +385 1 4590 403
Croatian Bank for Reconstruction and Development