Banks’ Placements Experience further Slowdown

According to central bank data, the slowdown of the annual growth of bank placements in the non-banking sector has continued in Croatia. The annual growth totalled 9.2 percent at the end of March and 6.2 percent if the impact of the exchange rate is taken into account. This is the result of the dwindling demand for loans, but also a more moderate offer of bank loans in the conditions of slowed down economic growth.