Negative interest on overnight loans first time in Croatia
The banking system is swimming in cash
For the first time in Croatia’s history, the interest rate in interbank loans has entered the negative zone and at the end of April it was -0.24%, the central bank HNB has announced in its regular analysis. in the eight preceding months, nobody in the banking system even needed overnight loans. The banking system is swimming in cash and currently has around HRK 32.5bn available, Vecernji list reports.