This is the fourth consecutive month that deposits have recorded a monthly increase.
In August 2016, all deposits continued to increase on the year as well, by 6.7%.
Compared to July total deposits, made up of deposit money, time deposits and kuna and foreign currency savings deposits, grew by nearly 5 billion kuna or 1.9%, Raiffeisenbank Austria analysts said. On the year, deposits rose by 16.7 billion or 6.7%
The monthly increase in total deposits was also due to an increase in deposits in the foreign currency, which totalled HRK 172.7 billion. Deposits in domestic currency slightly dropped in August on the month -- by HRK 252 million or 0.7% -- to HRK 35.8 billion.
Household deposits, which account for over 80% of all deposits, were up 829 million on the month, totalling HRK 164.8 billion. Compared to August 2015, they dropped for the seven consecutive month -- by one billion kuna or 0.6%.
Corporate deposits, totalling HRK 34 billion, were 6.5% or HRK 2.1 million down on the month, while on the year they were HRK 8.4 billion or 32.6% higher.
This, RBA analysts said, was partly owing to the sale of the TDR tobacco company.
(EUR 1 = HRK 7.5)