Lender of last resort role

Published: 31/1/2015 Modified: 8/2/2016
The central bank’s role as the lender of last resort implies providing liquidity to solvent credit institutions in order to maintain the stability of the banking and the financial system.

Credit institutions which were granted authorisation by the Croatian National Bank may apply for the use of extraordinary liquidity support in case of temporary liquidity problems, provided that they are solvent.