The global financial crisis originated in the banking system, first in the US, and then in Europe. The 2009 recession was the consequence of the banks’ freeze on lending and the resulting uncertainty. Today, the situation is...
Banks in Croatia doubled their pre-tax profits in the first nine months of 2018, according to Croatian National Bank (CNB). Crotain banking sector has the highest capital employed in the economy, around HRK60 bn.