
18.09.2025.
The credit rating agency Standard & Poor’s (S&P) has confirmed the A- credit rating with a positive outlook assigned to the Croatian Bank for Reconstruction and Development (HBOR). This aligns HBOR’s rating with the credit rating of the Republic of Croatia confirmed at the same level.
In its report, S&P points out that, despite global challenges, positive trends in economic and foreign trade indicators are expected to continue, which further supports the positive outlook of the rating itself.
"The confirmation of HBOR’s credit rating at A- with a positive outlook is an important message from the S&P credit rating agency about the stability and reliability of our Bank’s operations. I am convinced that HBOR will continue to contribute to the growth and competitiveness of the Croatian economy in the coming period in partnership with the government and entrepreneurs," stressed Hrvoje Čuvalo, President of HBOR’s Management Board.
The credit rating agency Standard & Poor’s (S&P) has confirmed the A- credit rating with a positive outlook assigned to the Croatian Bank for Reconstruction and Development (HBOR). This aligns HBOR’s rating with the credit rating of the Republic of Croatia confirmed at the same level.
In its report, S&P points out that, despite global challenges, positive trends in economic and foreign trade indicators are expected to continue, which further supports the positive outlook of the rating itself.
"The confirmation of HBOR’s credit rating at A- with a positive outlook is an important message from the S&P credit rating agency about the stability and reliability of our Bank’s operations. I am convinced that HBOR will continue to contribute to the growth and competitiveness of the Croatian economy in the coming period in partnership with the government and entrepreneurs," stressed Hrvoje Čuvalo, President of HBOR’s Management Board.