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'THE BANKER' MAGAZINE AWARDS PBZ CROATIAN BANK OF THE YEAR

ZAGREB, Sept 4 (Hina) - "The Banker" magazine, which is published by The Financial Times, has proclaimed Privredna Banka Zagreb (PBZ) Croatia's Bank of the Year, PBZ said on Wednesday.
ZAGREB, Sept 4 (Hina) - "The Banker" magazine, which is published by The Financial Times, has proclaimed Privredna Banka Zagreb (PBZ) Croatia's Bank of the Year, PBZ said on Wednesday. #L# "The Banker" evaluated more than 2,000 banks throughout the world, awarding them by regions and countries. The aim was to find the bank with the best performance in the preceding year, which need not be the biggest bank in the region or country. This is PBZ's second Bank of the Year award after the one presented by "Euromoney" magazine. The positive financial indicators which qualified for the award were a 43-percent net profit growth, a 61-percent growth in total deposits, including a 71.5-percent increase in those made by citizens, and a 41-percent increase of the bank's balance, which exceeds 31 billion kuna (EUR4.2 billion). (hina) ha sb

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