The FX Desk trades extensively in the local and international forex markets, using the latest technology. In the local forex market it is a leading market maker. The Desk manages the Bank's foreign exchange position and handles the Bank's exposure to currency risk.
Taking into account market developments, it takes a long or short position. It may also take a speculative position for the purpose of better management of excess liquidity.
Banknote trading refers to the arranging of foreign & local currency cash sales and purchases, as needed by the Bank, for the purpose of maintaining the optimum quantity of cash in the Bank vaults across the country. We provide the service of cash delivery and/or cash collection, involving either the local or foreign currency cash, also to other banks in Croatia and abroad. In addition, to the authorised exchange offices which are contractual partners of PBZ, we can offer purchases of foreign currency cash at a more favourable exchange rate.