ZAGREB, 18 July (Hina) – At the end of the first quarter, the total financial assets of Croatian households stood at just over €107 billion, up 1.1% compared to the previous quarter and 9.2% (or €9 billion) more than a year earlier, the Croatian National Bank (HNB) reported.

In the first quarter of this year, households reduced their holdings of Croatian government bonds, while increasing their deposits and investments in investment funds. Along with a rise in the market value of listed companies on the Zagreb Stock Exchange, this led to equity holdings and investment fund shares making the biggest contribution to the growth in household financial assets, the HNB said in its financial accounts release on Friday.

Nevertheless, deposits remain the largest component of household financial assets.

The statement also notes that household financial liabilities rose to nearly €29 billion, an increase of 2.8% compared to December 2024.

These developments resulted in an increase in the net financial worth of the household sector to almost €79 billion, 0.5% higher than at the end of December 2024.