Zagrebacka Banka (ZABA) generated a profit after tax of HRK 874.7 million in the first nine months of 2020, down 32 percent year on year, according to the bank's financial statement, published on Friday.

The results of this lender have been affected by the circumstances marked by the Covid-19 pandemic as well as by the 22 March earthquake.

The bank’s operating revenue in the January-September period amounted to HRK 2.65 billion, falling by 16.9% on the year, and operating costs reached HRK 1.16 billion, down 2.8%.

(€1 = HRK 7.566579)