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PBZ Privredna Banka Zagreb

Sector: Commercial • Location: Croatia

Source: International Finance Corporation (IFC)

Project
Completed

Privredna banka Zagreb (PBZ) is Croatia’s second largest commercial bank. PBZ used to be a state-owned bank and was privatized in 2000 when Gruppo Intesa of Italy acquired a controlling stake of 66.3%. Subsequently, in the second round of privatization in 2002, Gruppo Intesa increased its stake to 76.3% and the European Bank for Reconstruction and Development (EBRD) acquired an equity stake of

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The project “PBZ Privredna Banka Zagreb” is an infrastructure initiative in the Commercial sector, located in Croatia. Taiyo aggregates data on it from International Finance Corporation (IFC).

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completed

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Description

Description

Privredna banka Zagreb (PBZ) is Croatia’s second largest commercial bank. PBZ used to be a state-owned bank and was privatized in 2000 when Gruppo Intesa of Italy acquired a controlling stake of 66.3%. Subsequently, in the second round of privatization in 2002, Gruppo Intesa increased its stake to 76.3% and the European Bank for Reconstruction and Development (EBRD) acquired an equity stake of 20.79%. PBZ is a full-fledged commercial bank and offers the full range of banking products to corporate and retail customers in Croatia. The proposed project aims to provide a long term loan facility to PBZ to enable it to enhance long term lending to its customers, particularly to retail mortgage customers and small enterprises.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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