EBRD delegation visits CNB

Published: 20/3/2013

A delegation of the Board of Directors of the European Bank for Reconstruction and Development (EBRD) visited the Croatian National Bank (CNB) on Wednesday, continuing the cooperation and information exchange between the two institutions. During the talks with the Croatian central bank's executives, the delegation members expressed interest in current economic and monetary indicators as well as in estimated future developments relevant for the planning and realisation of projects in Croatia that would be of mutual interest. Also discussed was Croatia's accession to the European Union and its possible effects on the banking system and economic relations with countries in the region.

For as long as twenty years, the Republic of Croatia has been member of this international financial institution, founded in 1990 with a view to supporting transition processes in Central and East European countries and, later on, in countries of Central Asia as well as the southern and eastern Mediterranean. Since then, the EBRD has participated with loans or investments worth over EUR 2.6bn in about 140 projects in a total amount of about EUR 7.4bn. Most of these projects have related to energy industry, shipbuilding, tourism, financial sector and local infrastructure.