How we work

Mission, Vision and Values



Support for the development of the Republic of Croatia



Our mission as the development and export bank of the Republic of Croatia is to provide support for the creation of new values on the basis of knowledge, cultural heritage and natural resources for the purpose of enabling the sustainable and even development of all areas of the Republic of Croatia.



Our vision is to serve as a benchmark for the success of development and export banks in the region by encouraging, through our borrowers and employees, renewable development in the general community.



Our operations incorporate the values we believe in: ethics, responsibility, reliability, borrower-orientation, renewability and knowledge.

Ethics – we believe that a high degree of ethics is reflected in the effective achievement of the set goals in the long run. We encourage ethics among our employees, both in terms of their relations with the borrowers, and in their mutual relations, as well as in terms of their attitude towards our tasks.

Responsibility – responsible behaviour towards our capital and our employees, towards all borrowers and projects we support, ensures continued success in the attainment of our overall purpose.

Reliability – through our activities we aim to make our borrowers confident that we will support all viable projects consistently and systematically.

Borrower-orientation – we try to adapt to the requirements of our borrowers as swiftly and efficiently as possible.

Renewability – we do not measure our success in terms of the profits we generate. Rather, we focus on the long-term welfare of the general community achieved through the projects we support.

Knowledge – we pay particular attention to projects that generate added value based on knowledge. We create conditions for our employees to benefit from continuous learning and encourage them to do so in order to develop their personal and professional capabilities fully.

Corporate social responsibility

HBOR promotes systematic, sustainable and even economic and social development.
When creating our financing programmes and special loan terms and conditions, as well as on the occasion of selecting target groups, we take account of even and sustainable development and environment. We are aware of multiple influences we have on our clients, partners and on wider community as a financial institution, and of expectations that all our stakeholders have from HBOR as a development and export bank.
Besides implementing strategic targets and guidelines of the Government of the Republic of Croatia, compliance with laws, regulations and professional standards, in 2007 we became a member of the Croatian network of UN Global Compact (UNGC).
By joining this initiative, we are committed to promote 10 principles of UNGC in the field of human rights, labour standards, environment and corruption fighting.

Hrvatska banka za obnovu i razvitak
Managing Board Office
Corporate Social Responsibility
Strossmayerov trg 9
10000 Zagreb

phone:+385 1 45 91 731
fax:       +385 1 45 91 790


Code of conduct

Corporate Governance Code