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Croatia to get EIB guidance on promoting capital markets and business innovation
The European Investment Bank (EIB) will offer policy guidance to Croatia on becoming a regional hub for financial technologies and capital markets. Under a new advisory agreement with Croatia’s Ministry of Finance, the EIB will support plans to turn the country into a fintech leader. In a parallel move, the EIB plans to advise Croatian Agency for SMEs, Innovation and Investments HAMAG-BICRO on helping small and medium-sized enterprises (SMEs) as well as startups enhance their investment readiness and gain access to early-stage finance. The advisory support is funded by the InvestEU Advisory Hub programme.
Croatian businesses to get financing support with €100 million EIB loan to PBZ
The European Investment Bank (EIB) is lending the Croatian bank Privredna Banka Zagreb (PBZ), part of the Intesa Sanpaolo Group, €100 million to expand financing for a range of businesses in the country. The EIB lending to PBZ will enable it to increase loans to Croatian small and medium-sized enterprises (SMEs) and Mid-Caps.
Croatia’s investment momentum remains strong in 2024, but competitiveness challenges persist
The Croatian economy kept the strong dynamic during 2024 after the rebound in 2022-2023. This was possible thanks to collective efforts by European Union Member States, the Recovery and Resilience Facility, EU funds and financial instruments like EFSI and InvestEU. Moreover, the euro adoption in Croatia represented a strategic shift and new business opportunities, driving the good investment momentum.