Furthermore, no significant oscillations in the exchange rate of the kuna and in interest rates have been noticed, and the entire system has been completely serviceable, the Croatian National Bank (HNB) stated in a press release.
The fundamental objectives of the central bank's engagement in this major operation of Barr's payment for Pliva's shares have thus been achieved, the HNB said, adding that the system functioned transparently and smoothly.
All of this was achieved thanks to good preparations and close cooperation between all the interested parties: the buyer and the seller, banks, the Central Depository Agency, the HANFA regulatory body, the central bank and other institutions, reads the press release.
In the process itself, the HNB was engaged with the conversion of 209 million euros into the kuna, and at the end it withdrew 1.045 billion kuna from the system by the completion of the repo-operations carried out with the Croatian Postal Bank (Hrvatska Postanska Banka).
Finally, funds by non-residents have been taken from the country, so that all the transactions will have no effect on the foreign currencies and monetary market in the coming period, the central bank said.