It's a first for Croatia: the Addiko digital bank branch is open for business.
The virtual bank branch provides customers of all banks with the first ever full digital end to end loan process. And so customers can complete the transaction from request to approval without the need to visit a branch.
"The proposed changes are expected to reduce overlap of brick and mortar operations, while keeping the organisation well-positioned to support existing customers and future growth," the bank said in a statement.
As the Chinese economy has slowed to the lowest rate of economic growth in a decade, slowing to 6.4% the world holds its breath to see what this slow down has on the world economy.