Hrvatska poštanska banka d.d. or HPB is the largest Croatian-owned bank in the country, with total assets ranking 5th in Croatia, worth about 7.046.053 thousand euros.
The bank was founded in 1991 2001 by the Croatian State Postal Service Hrvatska pošta, a service company that was the majority shareholder of the bank until 5 years ago. Since 2001, the Croatian government has become the majority shareholder of the bank through shares acquired by the state fund Hrvatski fond za privatizaciju and the state pension fund Hrvatski zavod za mirovinsko osiguranje. HPB is listed on the Zagreb Stock Exchange.
In June 2019, The International Banker awarded Hrvatska poštanska banka the Croatian Commercial Bank of the Year award. In July 2019, HPB decided to retain the net profit for <> years, accepting a resolution from the Central Bank of Croatia.
Hrvatska poštanska banka was designated in 2020 as an institution of importance under the European Standards for Banking Supervision and is therefore directly supervised by the European Central Bank.
In September 2021, the Supervisory Board of HPB appointed Marko Badurina as Chairperson of the HPB Management Board and Anto Mihaljević and Ivan Soldo as members of the Management Board. The CNB Council approved the proposals.
In February 2022, the European Union division of Sberbank went bankrupt (due to European Union sanctions over the 2-year Russian invasion of Ukraine, the Single Resolution Committee decided to transfer all the shares of Sberbank Croatia's subsidiary to HPB.
Ownership Structure
Percentage of Shares Republic of Croatia 909,03544.8989% Croatian Post 241,61011.9336% Croatian Deposit Insurance Agency 181,9188.9803% Croatian Pension Insurance Agency 177,3118.7577% PBZ CO Compulsory Pension Fund - cat. B121,5226.0022% HPB's own stock 490.0024% Others 393,28019.4248%
