Hrvatska poštanska banka
Encyclopedia
Hrvatska poštanska banka (English
: Croatian Postal Bank) or HPB is the largest Croatian-owned bank in the country and ranks 7th in Croatia in term of total assets, worth around HRK
15.0 billion.
The bank was founded in October 1991 by Hrvatska pošta
, the Croatian national postal service, which was the bank's majority shareholder until 2001. Since 2001, the Government of Croatia
is the majority owner of the bank, via stakes acquired by the state-owned Croatian Privatisation Fund (Hrvatski fond za privatizaciju) and the national pension fund called Croatian Institute for Pension Insurance (Hrvatski zavod za mirovinsko osiguranje). HPB is listed on the Zagreb Stock Exchange
.
Ownership structure
English language
English is a West Germanic language that arose in the Anglo-Saxon kingdoms of England and spread into what was to become south-east Scotland under the influence of the Anglian medieval kingdom of Northumbria...
: Croatian Postal Bank) or HPB is the largest Croatian-owned bank in the country and ranks 7th in Croatia in term of total assets, worth around HRK
Croatian kuna
The kuna is the currency of Croatia since 1994 . It is subdivided into 100 lipa. The kuna is issued by the Croatian National Bank and the coins are minted by the Croatian Monetary Institute....
15.0 billion.
The bank was founded in October 1991 by Hrvatska pošta
Hrvatska pošta
Hrvatska pošta, or Croatian Post, is the national postal service of Croatia founded in 1990. The post, along with today's T-Hrvatski Telekom, was originally founded as the Croatian Post and Telecommunications, but was split into two separate businesses. It has a stake in the Herzegovinian Croat...
, the Croatian national postal service, which was the bank's majority shareholder until 2001. Since 2001, the Government of Croatia
Government of Croatia
The Government of the Republic of Croatia , commonly abbreviated to Croatian Government , is the main element of the executive branch of government in Croatia. It is led by the President of the Government , commonly abbreviated to premier...
is the majority owner of the bank, via stakes acquired by the state-owned Croatian Privatisation Fund (Hrvatski fond za privatizaciju) and the national pension fund called Croatian Institute for Pension Insurance (Hrvatski zavod za mirovinsko osiguranje). HPB is listed on the Zagreb Stock Exchange
Zagreb Stock Exchange
The Zagreb Stock Exchange or ZSE is a stock exchange located in Zagreb, Croatia. It is Croatia's only stock exchange. The exchange trades shares of Croatian companies, as well as bonds and commercial bills....
.
Ownership structure
- Croatian PostHrvatska poštaHrvatska pošta, or Croatian Post, is the national postal service of Croatia founded in 1990. The post, along with today's T-Hrvatski Telekom, was originally founded as the Croatian Post and Telecommunications, but was split into two separate businesses. It has a stake in the Herzegovinian Croat...
(40.61%) - Croatian Privatisation Fund (33.06%)
- Croatian Institute for Pension Insurance (25.03%)
- Small shareholders (1.28%)