ZAGREB, August 9, 2019 – The Financial Agency (FINA) has reported that at the end of this June, 256,322 citizens’ accounts were blocked due to unpaid obligations, with the debt principal amounting to 16.6 billion kuna, and broken down by region the largest number of debtors with overdue liabilities was in Zagreb, 53,045 with the debt of 4.8 billion kuna.
Thus, at the end of June 2019, every one in ten Zagreb residents of working age (9.87%) had their accounts blocked.
Split, the second biggest Croatian city, had 9,414 citizens’ accounts blocked due to overdue liabilities.
In Split-Dalmatia County, 23,149 citizens’ accounts were blocked over unpaid obligations and their accurate debt totalled 1.4 billion kuna. Thus, 7.63% of residents of working age in that southern county had their accounts blocked.
FINA recalled that one of the measures in resolving the problem of citizens with blocked accounts was the adoption of a package of laws regarding write-offs, distraint procedures and personal bankruptcy, which entered into force in July and August 2018.
Thus in late September 2018, FINA reported that as of 31 August that year, 274,529 citizens’ accounts were blocked due to unpaid obligations, with the debt principal amounting to 19.2 billion kuna as were 20,826 commercial accounts, with their debt principal amounting to 7.9 billion kuna. That August, the number of citizens with blocked accounts was down 43,992 or 13.8% on the month, while the value of the debt principal was HRK 24 billion less.
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