At the session of the Council of the Croatian National Bank held on 24 February 2025, Council members adopted the Decision on the Financial Statements and the allocation of profit of the Croatian National Bank for 2024.

According to the audited Financial Statements, the Croatian National Bank realised a profit for 2024 in the amount of EUR 10.5m. Pursuant to Article 57 of the Act on the Croatian National Bank, the Decision adopted by the Council also sets out that the realised profit for 2024 shall be allocated as follows: the amount of EUR 8.4m shall be allocated to the State Budget, while the remaining amount of EUR 2.1m shall be allocated to the general reserves of the Croatian National Bank.

Net interest income of the CNB stood at EUR 46.4m in 2024. Interest income derived from the management of own financial assets and remuneration from intra-Eurosystem claims. The largest share of interest expense was accounted for by interest on overnight deposits of banks with the CNB, which amounted to EUR 532.2m. The accrued interest on government deposits with the CNB was also sizeable in the previous year and reached EUR 144.2m, up by EUR 31.5m from 2023.

Pooling of monetary income of national central banks within the Eurosystem had a negative effect on the CNB in 2024, and the related expenditure stood at EUR 189.8m. National central banks in the Eurosystem pool their income and expenditure generated by the implementation of the Eurosystem’s monetary policy. Pooled monetary income is allocated among national central banks according to the subscribed capital key. Thus, national central banks can either record liability/expense or claim/income, depending on whether they have pooled more or less monetary income than the income allocated to them in line with their capital key.

Income from fees for the supervision of credit institutions, levied by the Croatian National Bank pursuant to the Credit Institutions Act, stood at EUR 17.1m in 2024. Of other income, the most significant amount was EUR 227.8m recognised in the profit and loss account pursuant to the Decision of the Council of the Croatian National Bank on the estimated amount of kuna banknotes that will not be returned to the Croatian National Bank.

Operating expenses of the Croatian National Bank reached EUR 110m in 2024. Operating expenses include staff costs, administrative expenses, depreciation of tangible and intangible fixed assets, costs of production of banknotes and coins and other costs.

At the end of 2024, the Croatian National Bank maintained considerable risk buffers, comprising revaluation accounts, provisions, general reserves and capital totalling EUR 1.9bn, up by EUR 0.2bn from EUR 1.7bn at the end of 2023.