Other instruments and measures serve as support to the implementation of monetary policy through the main monetary policy instruments of the Croatian National Bank. This group also includes measures regulating specific ratios in the balance sheets of credit institutions. Of the instruments and measures included in this group, the measure determining the minimum required amount of foreign currency claims is currently in effect.
Minimum required foreign currency claims
The minimum required amount of foreign currency claims is a structural measure used to maintain the foreign currency liquidity of banks. The amount is currently set at 8.5% of foreign currency liabilities. The banks are obliged to maintain the stipulated percentage on a daily basis, with liquid foreign currency claims being those (with the exception of claims on loans) with a remaining maturity of less than three months.