At its session today, chaired by the Deputy Governor Dr Boris Vujčić, the CNB Council examined recent economic and monetary developments, a report on the condition of the banking system in the first quarter 2007 and a report on the Croatian Mint operation in 2006.
The banking system comprises thirty-three banks and five savings banks this year. With an increase of HRK 4.2bn (12.85%) in their regulatory capital in the first quarter, the capital adequacy ratio has risen to 15.37%. Assets went up by HRK 9.3bn (3.04%) in the first quarter. The ROA amounted to 1.73% and the ROE to 12.92%. Households accounted for the largest share in bank financing sources (43.1 of total sources and 53.5 of deposits), followed by non-residents (27.89%), companies (16.11%) and others.
Pretax profit was HRK 1.32bn in the first quarter 2007, an increase of 24.38% over the comparable period last year. Net interest income rose by 7.65% and non-interest income by as much as 48.15%.