The Zagrebacka Bank Group announced a record profit of €509mn in 2023, marking an increase of €261mn (105.2%) year on year, the Bank said in its press release on February 26. The rise is attributed to growth across key business segments, disciplined cost management, and a leading market position. The bank reported robust capital and liquidity, with assets adequately covered by loan provision. The financial performance is supported by operational metrics: operating income reached €959mn, while operating costs amounted to €333mn. Before factoring in value adjustments and provisions for losses, t…