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HNB says is not substitute for commercial banks' supervisory or managing bards

ZAGREB, Dec 10 (Hina) - The Croatian National Bank is tasked with supervising operations of commercial banks, but it should not and cannot assume the role of managing those banks and their business activities or perform the role of supervisory boards whose duty is to monitor the performance of banks' management, the HNB said in a statement on Thursday, responding to accusations from Croatian Democratic Union (HDZ) member of Parliament Goran Maric, who criticised the HNB for risky loans from the Croatian postal bank Hrvatska Postanska Banka (HPB).

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