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# Croatian Bank for Reconstruction and Development (Croatia)

## Hrvatska banka za obnovu i razvitak - HBOR

Last modified: 2026-05-16 by rob raeside
Keywords: croatian bank for reconstruction and development |
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image by Željko Heimer, 20 February 2005

- Description of the flag

See also:

- Croatia
- Zagreb (Croatia)

## Description of the flag

The Croatian Bank for Reconstruction and Development (website) was established by law in 1992 as the Croatian Credit Bank for Reconstruction (Hrvatska kreditna banka za obnovu) and took its new name in 1995; it is fully owned of the state, aiming at helping with the reconstruction of the war-destroyed regions and at developing economy, especially in the underdeveloped regions.
The flag of HBOR is white with a gray pentagram field containing the initials of the bank and a red square rotated 45 degrees, and, in the base, the full name of the bank.

Željko Heimer, 20 February 2005