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Banks' 2019 net profit HRK 5.81 bn, increased provisions for Swiss franc loan lawsuits

ZAGREB, March 4 (Hina) - The net profit of the Croatian banking sector in 2019 amounted to HRK 5.82 billion, rising 16.9% from 2018, and banks started to establish provisions to cover possible losses in lawsuits over loans pegged to the Swiss franc, the latest publication by the Croatian Banking Association (HUB) shows.

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