Croatian Bank for Reconstruction and Development

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:

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 innovation and sustainable development of the Republic of Croatia

Strategic goals for HBOR’s operations focus on promoting:

HBOR pursues its strategic objectives and promotes sustainable economic and social development by focusing its operations on:

• Promoting the development of venture capital, private equity and quasi-equity market in the Republic of Croatia (Equity),
• Promoting the balanced and sustainable economic and social regional development of the Republic of Croatia (Regional and Social Development),
• Promoting the Croatian economy internationalisation (Internationalisation),
• Strengthening the competitiveness and resilience of the Croatian economy (Competitiveness and Resilience),
• Promoting the green transition of the Republic of Croatia (Green Transition).

In order to achieve its strategic goals, HBOR provides proactive support, either directly or indirectly via financial intermediaries, through a wide range of products and services such as:

• Loans for public and private entities,
• Guarantees,
• EU financial instruments,
• Venture capital and private equity funds.