In September 2014, the money deposited on bank accounts rose by 12.8% to 43.8 billion kuna, while the total fixed-term savings increased by 1.9% to 203 billion kuna, whereby the kuna savings rose 2.4% on the year to HRK 43 billion, and foreign currency tied deposits went up 1.8% to exceed 160 billion kuna.
Thus, the savings pegged to foreign currencies make up 78% of all fixed-term deposits.
RBA Bank analysts say that the annual rise in deposits was primarily spurred by citizens' deposits, given that deposits in retail banking makes up 82% of all deposits, while deposits of the corporate sector, local authorities and providers of auxiliary financial services saw a decrease year-on-year.
The deposits in the retail banking rose 1.9% to HRK 167.2 billion in September compared to September 2013.
The deposits of the corporate sector declined by 0.5% y-o-y to HRK 26.7 billion at the end of this September.
The analysts project a mild rise in total deposits by the end of this year.
(EUR 1 = HRK 7.6)