Zagrebačka banka

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Zagrebačka banka d.d.
joint stock company, private ownership
Traded as ZSEZABA
Industry banking, financial services
Founded 1914 in Zagreb
Headquarters Trg bana Josipa Jelačića 10 [1], Croatia
Area served
Republic of Croatia, Federation of Bosnia and Herzegovina (UniCredit Bank d.d. Mostar)
Key people
Franjo Luković, Sanja Rendulić, Milivoj Goldštajn, Miljenko Živaljić, Marko Remenar, Daniela Roguljić Novak, Nikolaus Maximilian Linarić
Services banking services, investment banking, corporate banking, banking for natural persons, asset management
Total assets HRK 123.724 million [1]
Total equity HRK 18.178 million [1]
Owner UniCredit Bank Austria
Number of employees
6400 [1]
Subsidiaries Prva stambena štedionica d.d., UniCredit Bank d.d. Mostar, ZB Invest d.o.o., Centar Kaptol d.o.o., Pominvest d.d., Suvremene poslovne komunikacije d.o.o., Zagreb nekretnine d.o.o., ZANE BH d.o.o., Istra D.M.C. d.o.o., Allianz ZB d.o.o. (compulsory pension fund management company), Allianz ZB d.o.o. (voluntary pension fund management company), MultiPlus Card d.o.o. Zagreb
Website www.zaba.hr

Zagrebačka banka or ZABA is the largest bank in Croatia, owned by UniCredit group of Italy. It was the first Croatian bank to become fully privatised in 1989 and the first one to be listed at the Zagreb Stock Exchange in 1995. It is one of 24 companies included in the CROBEX share index.[2]

Zagrebačka banka was established in 1914 as Gradska štedionica (English: City savings bank) by the Zagreb municipal authority at a time when Zagreb had a population of 100,000 and was rapidly developing into a modern city. The banks' primary role was financing the city's public companies. Two years after its foundation, the bank acquired the Zagreb electric tram company (ZET) and invested heavily in the development of the tram network and public transport in general. After World War II the bank was renamed Gradska štedionica Zagreb in 1946. After a series of reorganisations throughout the following decades, some of its offshoots merge to form Zagrebačka banka in 1977 (intended to provide loans for local companies), while the Gradska štedionica narrows it focus to providing financial services to citizens. In the late 1980s these are merged again to form the very first banking joint stock company in the former SFR Yugoslavia.

In March 2002, ZABA was acquired by the UniCredit Group of Italy. As the country's largest bank, its assets account for 25 percent of total assets in the Croatian banking sector, and its services are used by 80,000 businesses and 1.1 million citizens.

References[edit]

  1. ^ a b c d "Annual Report 2013". Zagrebačka banka. Retrieved 14 April 2014. 
  2. ^ "Indeksi" (in Croatian). Zagreb Stock Exchange. 2009-03-20. Retrieved 2009-03-24. 

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