Croatian Bank for Reconstruction and Development

The Croatian Bank for Reconstruction and Development (HBOR) operates as Croatia's national development and export bank, concurrently serving as its export credit agency. Its core mission involves bolstering the Croatian economy by extending financing through various mechanisms including direct lending, strategic investments in venture capital funds, and comprehensive export insurance against both political and commercial risks. HBOR also issues guarantees and provides essential business consulting, focusing on fostering economic competitiveness.

HBOR was formally established on June 12, 1992, under the Act on the Croatian Credit Bank for Reconstruction, later adopting its current name in December 1995. This foundational act by the Republic of Croatia underscores its genesis as a state-owned entity, conceived to spearhead the nation's economic reconstruction and subsequent development. The bank's formation reflects a strategic national insight into the necessity of a dedicated institution to drive post-transition economic growth and stability.

The institution's services cater broadly to the Croatian economy, particularly benefiting small and medium-sized enterprises, export-oriented businesses, and projects focused on infrastructure and environmental sustainability. HBOR's long-term vision is to bridge entrepreneurial aspirations with tangible realization, actively contributing to a robust and competitive national economy. It aims to continue its pivotal role in financing key sectors that drive progress and secure Croatia's economic future.