A two-day joint visit by Claudia Buch, Chair of the Supervisory Board of the European Central Bank and Dominique Laboureix, Chair of the Single Resolution Board, to the Republic of Croatia and Hrvatska narodna banka concluded today, August 29. The visit was hosted by Boris Vujčić, Governor of Hrvatska narodna banka and the vice governors.
In addition to the meeting with Governor Boris Vujčić, the two-day visit was marked by a series of meetings with a number of different institutions such as the Croatian Banking Association, the Croatian Employers Association, the Croatian Chamber of Commerce, the Institute of Public Finance, the Economic and Social Council and the World-Wide Fund for Nature Adria. Additionally, the chief executive officers of the largest Croatian banks and other systemic and smaller institutions also met with the two Chairs to discuss banking related topics. During the meetings, participants exchanged views on the latest developments in the banking system, the economy and supervisory and resolution issues, as well as the assessment of the possible impact of various events on the Croatian banking system.
Participants in the meetings welcomed the visit as an opportunity to exchange information and foster cooperation between the national and European supervisory and resolution authorities.
Claudia Buch, Chair of the Supervisory Board of the European Central Bank, said after the meetings at Hrvatska narodna banka: "Our visit confirmed the strong cooperation and trust between our European institutions and the Croatian National Bank. We openly discussed the risk environment for European banks and supervisory responses with our Croatian colleagues. We collaborate very closely to meet our common objective – to enhance the resilience and stability of banks across Europe. We thank our Croatian hosts for their warm welcome and generous hospitality.”
Dominique Laboureix, Chair of the Single Resolution Board, emphasised the importance of collaboration, stating, “Our visit to Hrvatska narodna banka has been a testament to the strength of our cooperation. The open exchange of information and the shared commitment to maintaining financial stability are crucial for the resilience of the banking sector. We look forward to continuing this fruitful partnership, which not only enhances our supervisory and resolution capabilities but also fortifies the overall integrity of the European banking system.”
Governor Boris Vujčić concluded that "such working visits as well as the active participation of representatives of Hrvatska narodna banka in the management structure of the ECB and SRB created new channels of joint action and cooperation that further develop and spread the strength of the banking union."