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HBOR, BOSNIAN BANK SIGN EUR2 MILLION AGREEMENT

ZAGREB, Jan 22(Hina) - The Croatian Bank for Reconstruction and Development (HBOR) and LT Gospodarska Bank d.d. Sarajevo on Thursday signed a framework agreement on export financing, worth EUR2 million. This is the first such agreement between the HBOR and a foreign bank.
ZAGREB, Jan 22(Hina) - The Croatian Bank for Reconstruction and Development (HBOR) and LT Gospodarska Bank d.d. Sarajevo on Thursday signed a framework agreement on export financing, worth EUR2 million. This is the first such agreement between the HBOR and a foreign bank.#L# The framework agreement was signed by HBOR management board president Anton Kovacev and LT Gospodarska bank d.d. Sarajevo general director Mijo Misic. The overall trade between Croatia and Bosnia in the first nine months of 2003 amounted to US923 million, which is 28 percent more than in the same period the year before. Croatia's exports to Bosnia accounted for US739 million of this amount, while imports from that country amounted to US184. Bosnia is Croatia's second most important export partner after Italy. (Hina) it

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