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Privredni vjesnik Year V No 206

CROATIAN FOREIGN CURRENCY MARKET Currency

AUD CAD JPY CHF GBP USD EUR Source: HNB

EUR

Kuna exchange mid-rate

7.55

6,069749 5,819527 7,519876 6,251124 9,307349 5,972247 7,510100

Jadransko osiguranje: €37.33 dividend The Main Assembly of Jadransko osiguranje has decided to pay a dividend of €37.33 per share, (HRK35 million). The right to the dividend is for shareholders registered in the Central Depositary and Clearing Company at 30th day after the Main Assembly was held. Nett profit of Jadransko osiguranje was €7.85 million in 2011. New student loans Hypo Alpe-Adria-Bank has signed a contract with VERN University of Applied Sciences based on which students will have more favourable conditions for student loans. The interest rate to students and bank clients will be 5.7%. The interest rate for other students will be 6.2%. Loans will be approved within the range of €500 and €25,000, with a repayment period of 10 years. If the student is unemployed, the lender can also be a parent, spouse, guardian or other family member. Kuna saving more favourable Erste bank is offering kuna savings accounts at a fixed rate of interest of up to 5% and kuna cash loans at a 20% lower processing fee. This special offer will last until August 15, 2012. The interest rate for fixed-term deposits between 6 and 12 months is 4.4%, and 5% for a period of 12 months. The interest rate for kuna loans will be 9.35% for clients or 10.35% for non-clients of Erste bank.

6.06

26.6.

27.6.

28.6.

29.6.

CHF

6.29

7.54

6.02

6.28

7.53

5.98

6.27

7.52

5.94

6.26

7.51

5.90

6.25

7.50 25.6.

WEEK JUNE 30, 2012

::: news

USD

5.86 25.6.

26.6.

27.6.

28.6.

29.6.

6.24 25.6.

26.6.

27.6.

28.6.

29.6.

FOREIGN TOURIST EXPENDITURE

$1 billion spent through Visa cards German Visa card holders still the highest spenders at $122.8 million, 52.1% up over 2010

rrespective of global economic challenges and the European sovereign debt crisis, Croatian tourism has seen a reasonable year to date. The Visa Credit Card company

I

Payment methods must be easily available for tourists, irrespective of the length of their stay has conducted research for the second consecutive year, issuing the publication Tourism Review of Croatia showing foreign tourist expenditure trends in Croatia. According to data provided foreign tourist expenditure in Croatia stood at $1 billion through Visa cards

in 2011, 24.5% up over 2010. As in 2010, German Visa card holders are the highest spenders at $122.8 million, an increase of 52.1% over 2010. Austrian tourists ranked second with an average transaction increase of over 14.9% over the previous year, at $139.78, followed by Czech tourists with an average transaction increase of 14.4%, at $81.64. $129 average invoice amount According to the research results, the highest expenditure of $69 million was recorded in the category of other trade and in accommodation, amounting to $9.7 million. The average invoice amount of Visa card holders stood at slightly above

$129 or 8.6% up compared with 2010. Petar Škarpa, Director of Rijeka Tourist Board, stated that the increase in tourist expenditure is due to the fact that an increasing number of tourism facilities accept credit cards. “Payment methods must be easily available for tourists, irrespective of the length of their stay”, stressed Škarpa. He added that Rijeka and Opatija have issued a single card that is not a credit card but provides tourists with a wide range of privileges for sightseeing and visiting cultural and historical monuments of these two cities. Similarly, Dubrovnik has issued the Dubrovnik Card that covers visits to five museums, two galleries, public transport and a tour of the city walls. (S.P.)

PV International 0206  

PV International - The first weekly newsletter covering the Croatian economy as well as that of the wider region, in English

PV International 0206  

PV International - The first weekly newsletter covering the Croatian economy as well as that of the wider region, in English