The social development bank for Europe

Supporting social infrastructure investments, job creation and earthquake recovery in Croatia

  • Approval date

    19 March 2021

  • Borrower

    Hrvatska Banka za Obnovu i Razvitak (HBOR)

  • Country

    Croatia

  • Loan size

    € 200 000 000

  • Line of action

    Inclusive growth

  • Status

    In progress

Programme loan to contribute to the creation and preservation of jobs, to support the development and upgrade of the social infrastructure and to support Croatia’s earthquake recovery and reconstruction efforts.

Final beneficiaries: Employees of MSMEs and unemployed jobseekers, the inhabitants of towns, municipalities and regions throughout Croatia, as well as those living in the earthquake affected areas.

Environmental aspects
The CEB classified the project as category “A” since it required an Environmental Impact Assessment (EIA) according to applicable national law. 

CEB approves €200 million for the Croatian Bank for Reconstruction and Development

Press release 23 March 2021

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