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Croatia’s banks that offer mortgages and who they will consider for a loan

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If you want to get a mortgage in Croatia, it is crucial to understand the options. Not everyone will be considered for a mortgage in Croatia, as it depends on a variety of factors including nationality, age, income source, and residence status. The terms can vary as well.

In this post, we profile banks and other institutions that give mortgages in Croatia including:

  • For whom they consider mortgages
  • Minimum and maximum age for loan consideration
  • If there are any special requirements around the approval
  • Contact information

With this information, you can confidently make a decision on where to apply for a housing loan in Croatia.

In this post, we cover:

  1. Agram banka
  2. Erste bank
  3. Hrvatska poštanska banka
  4. OTP banka
  5. Partner bank
  6. Podravska banka
  7. Privredna banka Zagreb
  8. Progreso grupa
  9. Raiffeisen bank
  10. Wustenrot
  11. Zagrebačka banka

The facts are these…

#1 Agram banka

After more than 20 years of business, Kreditna banka Zagreb d.d. was renamed Agram banka d.d. in 2019. With a wide range of banking and insurance products and services, it is the largest bank in domestic private property.

Who they consider: Croatian nationals
Age limit: Adults not older than 75 at the time of regular maturity of the last installment of the loan
Rules: Person must be permanently employed or retired

Phone: 0800 24 24 00

Website | Facebook | Branches

#2 Erste bank

Erste bank is a part of the Erste Group, which is one of the most prominent companies in the financial sector in Central and Eastern Europe. This bank is also in the top 20 employers in Croatia. It has been awarded for excellence in human resource management for the 6th time. [Read: How to find a job in Croatia]

Who they consider: Croatian and foreign nationals employed inside or outside Croatia
Age limit: Adults
Rules: Residence in Croatia is not required

Phone: 0800 7890; +385 (0)51 365 591 (calls from abroad)

Website | Facebook | Branches

#3 Hrvatska poštanska banka

Hrvatska poštanska banka is a Croatian-owned bank with a relevant market influence. In partnership with Hrvatska pošta within a project called “Banka u pošti” (Bank in a postal office), the bank became the largest distribution channel of basic banking products and services. [Read: Hrvatska pošta – Croatian postal office]

Who they consider: Croatian residents and non-residents
Age limit: Adults
Rules: Non-residents, persons employed outside of Croatia, and persons employed part-time may be beneficiaries of loans only with a co-debtor of full creditworthiness who is employed in Croatia. Users with an active forced collection procedure in FINA (enforcement) or the procedure that has recently been completed may have difficult circumstances in the loan approval process and the loan application is rejected in most cases.

Phone: 0800 472 472

Website | Facebook | Branches

#4 OTP banka

OTP banka is the 4th largest bank on the Croatian financial market. It is part of OTP group that operates in 11 countries of Central and Eastern Europe. OTP was established in 1949 as a national savings bank which is the forerunner of today’s banks.

Who they consider: Croatian nationals with residence in Croatia
Age limit: 18-70 years of age
Rules: You must be employed for at least 6 months. Retired persons can also apply. People employed outside of Croatia can get housing and mortgage loans with a mandatory pledge of real estate as collateral with permanent employment for at least the last 24 months and salary remittances at the bank for at least the last three months.

Phone: +385 (0)72 210 021; 0800 210 021; +385 (0)21 559 110 (calls from abroad)

Website | Facebook | Branches

#5 Partner bank

Partner bank was established in 1991 as one of the first private banks in Croatian ownership.

Who they consider: Croatian nationals
Age limit: Adults not older than 75
Rules: Residence in Croatia and a permanent income

Phone: +385 (0)1 4602 222

Website | Facebook | Branches

#6 Podravska banka

Podravska banka is one of the oldest banks in Croatia. Although it has been established on the foundations of tradition, the bank has become a modern financial institution that offers financial services to citizens.

Who they consider: Croatian nationals
Age limit: Adults
Rules: No significant rules

Phone: +385 (0)72 202 020

Website | Branches

#7 Privredna banka Zagreb

PBZ was established in 1966. Since then, it has been part of the largest investment and economic development program in Croatia. The bank has been awarded a number of prestigious international and domestic awards for business quality.

Who they consider: Croatian residents who meet the conditions of the bank (information available per request depending on your personal situation). Though in our experience, they will only consider residents with Croatian income.
Age limit: Adults
Rules: Preliminary calculation of creditworthiness and other aspects that affect the approval of credit is individual

Phone: 0800 365 365; +385 (0)1 489 1310 (calls from abroad)

Website | Facebook | Branches

#8 Progreso grupa

Progreso is not a bank, but instead serves as an external official sales channel of most banks in Croatia. They can help you find the best option according to your needs since they approach each client individually. You can choose between several loan options for foreign citizens.

Who they consider: Foreign nationals and people who work outside of Croatia
Age limit: 70 for employed persons, 75 for retired persons
Rules: Lien on the real estate property whose purchase is financed from the loan or on some other real estate. Property must be insured against fire. Loan users must have at least 12 months of work experience (called “staž”).

Phone: +385 (0)1 5552 620; +385 (0)91 2220 594; +385 (0)91 2222 001

Website | Facebook | Branches

#9 Raiffeisen bank

Raiffeisen bank is the first bank in Croatia established by foreign capital. It is a part of the Raiffeisen Bank International AG from Vienna. Raiffeisen bank often supports projects related to the most vulnerable groups of the Croatian community.

Who they consider: Croatian and foreign nationals
Age limit: Not older than 65 in a moment of paying the last loan rate
Rules: Foreign nationals must have Croatian income. Other scenarios are possible depending on the case.

Phone: +385 (0)1 6591 562; +385 (0)72 62 62 62

Website | Facebook | Branches

#10 Wustenrot

Wustenrot is a bank that offers housing loans, housing savings, and life insurance. In Croatia, it was founded in 1998, but it is a part of the international group under the ownership of Wüstenrot Bausparkasse AG from Salzburg.

Who they consider: Croatian nationals or foreigners with permanent residence in Croatia
Age limit: Adults
Rules: Not specified

Phone: 0800 200 500; +385 (0)1 4803 788

Website | Facebook | Branches

#11 Zagrebačka banka

Zagrebačka banka is a member of the UniCredit commercial bank and the leading bank in Croatia. The bank often supports projects related to culture, sports, children, youth, and humanitarian activities.

Who they consider: Persons with permanent residence in Croatia and Croatian nationals with residence in Croatia who temporarily work outside of Croatia
Age limit: Adults, including retired individuals over 76
Rules: They consider foreign incomes, but only with the additional engagement of a co-borrower who is creditworthy and employed in Croatia. They approach every client individually.

Phone: +385 (0)1 6305 485; 0800 00 24; +385 (0)1 3773 333 (calls from abroad)

Website | LinkedIn | Branches

Do you have experience with mortgages in Croatia? Please, share your story with us.

View other financial articles

Please note: Information provided by Expat in Croatia is only for the purposes of guidance. It does not constitute legal or financial advice in any form. Croatian laws and bureaucratic rules often change, and each personal case is individual, so different rules may apply. For legal advice, contact us to consult with a licensed Croatian lawyer. For financial advice, contact us to consult with a licensed Croatian tax advisor or accountant.

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