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12 banks chosen at second auction for Model A loans

ZAGREB, March 25 (Hina) - At the second auction for the allocation of quotas of HBOR loans designed to provide businesses with credit for working capital, the Croatian Bank for Reconstruction and Development (HBOR) accepted bids from 12 banks and the interest rate for the loans' end users -- entrepreneurs -- will range between 4.34 and 4.88 per cent, HBOR reported on Thursday.

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