Zagrebačka Banka

Zagrebačka banka d.d.
TypePublic
ZSE: ZABA
ISINHRZABARA0009 Edit this on Wikidata
Industrybanking, financial services
PredecessorCity Savings Bank of Zagreb
Founded1977 in Zagreb
Headquarters
Trg bana Josipa Jelačića 10 [1]
,
Area served
Croatia, Federation of Bosnia and Herzegovina (UniCredit Bank d.d. Mostar)
Key people
Dalibor Ćubela (CEO), Lorenzo Ramajola, Marco Lotteri, Slaven Rukavina, Spas Vidarkinsky
Servicesbanking services, investment banking, corporate banking, banking for natural persons, asset management
Total assets€23.144 billion [1]
Total equity€2.272 billion (Q3 2025)[1]
Number of employees
4,200 (2020)
ParentUniCredit
WebsiteCroatia : www.zaba.hr FBiH : www.unicredit.ba

Zagrebačka Banka, also known as ZABA, is the largest bank in Croatia, owned by Milan-based UniCredit.

Overview

The Zagreb Municipal Bank, later renamed as Credit Bank, was formed in the 1960s, partly from assets and operations from what had been the City Savings Bank of Zagreb until its fusion into Yugoslavia's monobank system in the late 1940s. In the early 1970s, it was affiliated with the United Bank of Croatia,[2] the newly formed Croatian component of a Yugoslavia-wide network of nine so-called associated banks.[3] Zagrebačka Banka was the first Yugoslav bank to be reorganized as a joint-stock company in 1989.[2][4]

In 1995, Zagrebačka Banka was listed at the Zagreb Stock Exchange,[2] the first Croatian bank doing so. In March 2002, it was acquired by the UniCredit Group of Italy.[2] By December 2005, Zagrebačka Banka's market share (by total assets) in Croatia reached 24.33 percent, making it the country's largest bank ahead of Privredna Banka Zagreb.[5]: 38 

By 2009, that market share had grown slightly to 25 percent, and the bank's services were used by 80,000 businesses and 1.1 million citizens. It was one of 24 companies included in the CROBEX share index.[6]

Controversies

Zagrebačka Banka was an employer to Ankica Lepej (1948 – 2022) the first prominent whistleblower in modern Croatian history, who uncovered a secret bank account and funds of the wife of the Croatian president Franjo Tuđman.[7] Bank originally offered a million-kuna reward in Jutarnji list for any info on the whistleblower. Lepej presented herself with a lawyer and, subsequently, got fired by the bank (with only 11 months left to retirement) and arrested. The charges were eventually dropped, after Franjo Tuđman's death.[8][9]

See also

References

  1. 1 2 3 "Annual Report 2013" (PDF). Zagrebačka banka. Archived from the original (PDF) on 15 April 2014. Retrieved 14 April 2014.
  2. 1 2 3 4 "History". Zagrebačka banka. Retrieved 30 April 2026.
  3. ↑ "Svjetski dan štednje : 31. X : računajte s nama : Udružena banka Hrvatske, Zagrebačka banka". Digitalna knjižnica Slovenije.
  4. ↑ Lukić, Zoran (2017-12-30). "The art of company financial modelling". Croatian Operational Research Review. 8 (2): 409–427. doi:10.17535/crorr.2017.0026. ISSN 1848-0225.
  5. ↑ Jelena Radzic & Ayse Yuce (February 2011), "Banking Development In The Former Yugoslavian Republics", International Business & Economics Research Journal (7(9))
  6. ↑ "Indeksi" (in Croatian). Zagreb Stock Exchange. 2009-03-20. Retrieved 2009-03-24.
  7. ↑ "Croatian Who Blew Whistle on Tudjman's Hidden Cash Dies". Balkan Insight. 19 January 2022. Retrieved 22 January 2022.
  8. ↑ "Jutarnji list - Ispovijest sina Ankice Lepej: 'Bili su to teški dani, roditelji su mi ostali bez posla, prodali su i stan...'". www.jutarnji.hr (in Croatian). 18 January 2022. Retrieved 22 January 2022.
  9. ↑ "Žena koju je dokrajčila istina". www.index.hr (in Croatian). Retrieved 22 January 2022.