Thursday, 20. June 2013 - 07:06
26. 04. 12. - 13:00
Low demand for loans, insufficient guarantees, and restraints in lending to small and medium businesses are some of the problems the banks in Croatia face, were the conclusions to come out of the banks round table 'Who will the banks give credit to' held at the Croatian Chamber of Commerce (CCC) yesterday (Wed).
The CCC also emphasized the need for greater risk sharing between banks and the government. CEO of Banco Popolare Croatia, Goran Gazivoda says that one of the main problems the bank's have is the fact that only 20 per cent of companies in Croatia are creditworthy and have the ability to pay back their loans, reported portal poslovniplus.com.
Banks are currently only financing mainly large companies in Croatia, whilst small and medium sized companies battle with liquidity problems and are generally not candidates for credit investment from the banks.
"Bankers must know and understand the area which they finance, we see potential in energy, energy efficiency and renewable energy sources. Our strategy of financing is in production and export, infrastructure and agro funding, "said Vladimir Kristijan, a Erste bank director.
INA gives opportunity to entrepreneurs
The Croatian oil company INA has launched a pilot program called "entrepreneur model" with the aim to improve its business.
Foreign companies promise cheaper electric energy supply
Croatia's energy market has become the centre of debates this week as foreign companies will soon be allowed to offer electric energy supply to Croat citizens.
Medfilm festival in Rome dedicated to Croatia
The Medfilm Festival in the Italian capital Rome will be dedicated to Croatia as the country enters EU on 1 July.
Gibonni on European tour with 20th Century Man
The Croatian pop star Gibonni will kick-off his mini European tour tomorrow (Thursday) in the Austrian capital, Vienna.
Tin Jedvaj close to Roma
The Dinamo Zagreb defender Tin Jedvaj could become the youngest first team player of the club to be sold abroad.
Actress Natalie Dormer to spend her summer holidays on Dalmatian islands
The American actress Natalie Dormer has announced she will spend her summer holiday in Croatia.
Zagreb reaches temperature record
The Croatian capital Zagreb has broken the record for the highest ever outside temperature on 17 June.
Erste Bank robbed in Split
Police are searching for bank robbers that have taken a large amount of money from the Erste Bank at the City Center One shopping mall in the Adriatic port of Split.
Sculptures of insects exhibited in Kastav
An exhibition of insect sculptures will open as a new tourist attraction in the western Croatian town of Kastav.
Nenad Bjelica takes over Austria Vienna and gives hopes to other Croatian coaches
The 41-year-old former Croatian national football team player has taken up the bench of the Austrian champions Austria Vienna.
The most popular stories –
last 7 days
|Two explosions in Zagreb, four cars damaged|
|Former Argentinean president sentenced for arms smuggling to Croatia|
|Scottish fans plead to get back their flag lost in Zagreb|
|SkyWork Airlines connects Bern and Zadar|
|Security situation with Krsko nuclear plant in regular, Slovenian side assures|