April 15, 2022 – Nova Hrvatska banka, ie Nova Hrvatska banka, after a long and extensive rehabilitation process, will formally start operating within the broader group of Hrvatska poštanska banka (HPB).

As Business Diary writes, after a record year in which it achieved the best net profit in history in the amount of HRK 202 million, asset growth of HRK 27.9 billion and a capital adequacy ratio of 25.7 percent, Hrvatska poštanska banka has successfully implemented another demanding project – rehabilitation of Sberbank dd, more precisely the future Nova hrvatska banka dd

The Council of the Croatian National Bank (CNB / CNB) has made a decision on the successful completion of the resolution procedure, which will formally start Nova hrvatska banka as Nova hrvatska banka dd within the HPB Group. With this takeover, the completion of the rehabilitation process and the merger of Nova hrvatska banka, HPB will ultimately strengthen its future position on the Croatian market. The rehabilitation process itself was completed in a short time, and the bank is stabilized and operating successfully.

Implementing this demanding process is a new step in strengthening HPB’s business as a whole. As a new member of the HPB Group, Nova Hrvatska banka brings with it a significant customer base, a complementary portfolio and additional strength for business growth and further expansion.

“After the record result we had last year, we believe that the synergy effects will bring new benefits to our customers, shareholders and employees,” said Marko Badurina, CEO of HPB.

The Management Board of Nova hrvatska banka was appointed as follows: Tadija Vrdoljak, President of the Management Board, Boris Bekavac and Ognjen Brakus, members of the Management Board.

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