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Croatian Bad Loans at Banks Rise to 14% at End September

Nov. 16 (Bloomberg) -- Croatian non-performing loans held by banks rose to 14 percent, or 40 billion kuna ($6.8 billion), at the end of September, the central bank said on its website yesterday.

The amount of bad loans to companies, the public sector and citizens was at 13.3 percent at the end of June, the bank said.

To contact the reporter on this story: Jasmina Kuzmanovic in Zagreb at jkuzmanovic@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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