Financial Stability Council holds 7th and 8th session

The main topics on the agenda of the seventh session of the Financial Stability Council held on 15 May 2017, chaired by Governor of the Croatian National Bank Boris Vujčić and attended by the Minister of Finance, Zdravko Marić, President of the Board of Hanfa Petar-Pierre Matek, and Chief Executive Officer of the State Agency for Deposit Insurance and Bank Rehabilitation, Marija Hrebac, and their associates were the assessment of the key risks to financial stability in the domestic banking and non-banking financial sectors and the stability indicators of the non-banking financial markets, amid materialisation of the risks associated with the Agrokor Group and operations of nonbanking financial intermediaries.

The Members of the Council were informed about the results of a recent survey on financial system resilience and the issue of interest rate risk and were presented with the findings of the working group for identifying the public interest for resolution of individual banks. The assessment of the developments and the risks with a potential to impact financial stability were also discussed during the session.

The Annual Report on the Council's activity in 2016 was adopted at the eighth session.