At last week’s meeting of the General Assembly of the European Association of Public Banks (EAPB), the president of the HBOR Management Board, Hrvoje Čuvalo, was re-elected as a member of the management board of this association.
Founded in 2000 to represent the interests of development banks and European state-owned banks, the EAPB currently has 29 members and directly and indirectly represents more than ninety financial institutions with total assets of 3,500 billion euros and a market share of fifteen percent in the European financial sector.
– Being a member of the Management Board over the past two years has been a very important experience. HBOR feels at home within this esteemed European family, and we are glad to continue our journey together. We recognize opportunities for cooperation and knowledge exchange that EAPB provides, as well as dialogue with EU bodies on issues that shape the future of our institutions. Our role as public and promotional banks is crucial for creating a European future.
We will continue to focus on measures to support recovery and resilience and to support European competitiveness for the benefit of our national economies. We will promote common interests before the new European Commission and new representatives in the European Parliament by working on key areas such as investments in green technologies, sustainable finance, digital transformation, promotional policies of the European Union, as well as banking regulation and supervision,” said Hrvoje Čuvalo on this occasion.
