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HNB gives permission to two foreign banks to buy majority shares in two banks

ZAGREB, Jan 24 (Hina) - The Croatian National Bank (HNB) Council met on Wednesday for its first session this year to discuss the latest monetary and economic developments and adopt several decisions from within its jurisdiction, the central bank said in a statement.
ZAGREB, Jan 24 (Hina) - The Croatian National Bank (HNB) Council met on Wednesday for its first session this year to discuss the latest monetary and economic developments and adopt several decisions from within its jurisdiction, the central bank said in a statement.

BKS Bank AG from Klagenfurt was given permission to acquire more than 75% of the stock capital of the Kvarner Banka d.d. from Rijeka, which holds a 0.13% share in the Croatian bank market and is 29th among 33 banks operating in the country.

Cassa di Risparmio della Reppublica San Marino s.p.a. was granted permission to acquire more than 75% of the stock capital of the Banka Kovanica d.d. from Varazdin, which holds a 0.30% share in the bank market and is 24th among 33 banks active in the country.

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