Croatian Bank for Reconstruction and Development ( hr, Hrvatska banka za obnovu i razvitak, HBOR) is

Croatia , image_flag = Flag of Croatia.svg , image_coat = Coat of arms of Croatia.svg , anthem = " Lijepa naša domovino"("Our Beautiful Homeland") , image_map = , map_caption = , capi ...

national development bank A national development bank is a development bank created by a country's government that provides financing for the purposes of economic development of the country. List of development banks Americas * Business Development Bank of Canada * Brazili ...

. Its task is the promotion of the development of the

Croatian economy The economy of Croatia is a high-income service based social market economy with the tertiary sector accounting for 70% of total gross domestic product (GDP). Croatia joined the World Trade Organization in 2000, NATO in 2009 and became a me ...

by extending

loans In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that de ...

, insuring export transactions against political and commercial risks, issuing

guarantee Guarantee is a legal term more comprehensive and of higher import than either warranty or "security". It most commonly designates a private transaction by means of which one person, to obtain some trust, confidence or credit for another, engages ...

s, and providing business advice.

References

External links

* Banks of Croatia Organizations based in Zagreb Banks established in 1992 Government-owned companies of Croatia European investment banks Croatian companies established in 1992 National development banks {{Croatia-stub