The government at its session on Thursday positively assessed the annual financial report of the Croatian Bank for Reconstruction and Development (HBOR) for 2013.
Finance Minister Boris Lalovac said last year HBOR generated HRK 189.3 million in profit, with consolidated revenues amounting to HRK 989 million and expenses to HRK 800 million.
HBOR's property is worth HRK 26.1 billion which is two per cent more than in 2012.
Last year, HBOR granted 1,256 loans worth HRK 7.8 billion. Minister Lalovac expressed satisfaction with the fact that the number of loans intended for investments increased by 64%, compared to 2012.
According to him, HRK 600 million has been paid into the bank's stock capital last year, which now amounts to HRK 6.1 billion. Another HRK 500 million is expected to be paid into HBOR's stock capital this year and another HRK 300 million in 2015.
This means that this government will pay a total of two billion kuna into HBOR's stock capital, which is more than former governments paid during two terms, Lalovac said, adding that this represented a strong support to the economy during the crisis.
The government also positively assessed a report on the business activities of the Croatian Agency for SMEs and Investments (HAMAG INVEST) in 2013.
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