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Home > The bank > About us > Bank's history

Bank's history

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  17.04. 1957.   Bank established as "Komunalna banka - Šibenik"
  1970.   By opening a branch-office it has been represented in the capital of the Republic of Croatia.
  1989.   Bank transformed into a joint-stock company.
  1991.   Bank gets the big foreign exchange license and, with that, expands its lending-guarantee operations and  payment transactions with foreign countries.
  1991. - 1995.   In times of creating and establishing the modern state of Croatia, the Bank operated in an area hardy damaged by war activities. By providing the main and, often, only financial support to economic subjects and citizens, it enabled them to survive in the most difficult but, also,  glorious moments of Croatian history.
  1996. - 1998.   By appreciating the contribution of citizens to the strengthening of the Banks potential, a very intensive activity towards this sector was going on. In 1996 over kuna 50 million and in 1997 kuna 155 million, whereas in 1998 kuna 160 million.
  2002.   The establishing of  a network of ATMs made possible  a more rational and high quality approach to operations with citizens.
  2003.   The Bank's overall balance sheet totaled kuna 1.584,3 million, the liable capital kuna 204,3 million, whereby the capital adequacy ratio  amounted to 20,9%.
  2004.   The Bank realized an operating profit totaling kuna 11.4 million, which guarantees a solid position that it currently holds in a consolidated banking market of Croatia and ensures  that it will keep it  n forthcoming times, as well.
  2006.   The overall balance sheet of the Bank totaled kuna 1.781,1 million, operating profit realized  totaled kuna 30,7 million. Dividends set aside for shareholders amount to kuna 180,00 a share.
  2007.   The overall Bank's balance-sheet was increased to kuna 2.174,7 million. At the other hand, net operating profit realized reached kuna 26,3 million, whereas dividends paid  to shareholders amounted to, as one year before that, kuna 180,00 per share.


 
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