Household Financial Assets Exceed €72.7bn

By 18 July 2021
Household Financial Assets Exceed €72.7bn

ZAGREB, 18 July, 2021 - At the end of the first quarter of 2021, Croatian citizens' financial assets totalled HRK 545.3 billion, up 8.4% on the year, according to central bank data.

Compared with the end of 2020, the increase was 2%.

Deposits make up half of financial assets

Deposits continued to dominate in household financial assets, exceeding HRK 271 billion and making up almost 50% of those assets, followed by insurance and pensions (over HRK 152 billion), and equity, shares and investment funds (over HRK 100 billion).

Financial liabilities HRK 153 bn

At the end of March 2021, household financial obligations totalled HRK 153 billion, up 2.5% from the end of March 2020 and 1.7% from the end of 2020.

Loans made up the lion's share of household financial obligations, reaching HRK 143.76 billion, up 1.7% from the end of March 2020.

These trends with assets and obligations resulted in an almost 11% annual increase in the financial net value of the household sector, to HRK 392 billion at the end of March 2021. Compared with the end of 2020, the increase was 2.4%, continuing the trend of a gradual but consistent increase.

(€1 = HRK 7.5)

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