ZAGREB, April 16 (Hina) - The Croatian Bank for Reconstruction and Development (HBOR) and Germany's development bank Kreditanstalt fuer Wiederaufbau (KfW) signed an agreement on cooperation in Frankfurt on Wednesday, HBOR officials
reported.
ZAGREB, April 16 (Hina) - The Croatian Bank for Reconstruction and
Development (HBOR) and Germany's development bank Kreditanstalt
fuer Wiederaufbau (KfW) signed an agreement on cooperation in
Frankfurt on Wednesday, HBOR officials reported. #L#
The agreement envisages cooperation in exports and direct
investments on third markets, as well as the exchange of knowledge,
experience and information. HBOR representatives particularly
emphasise the regulation on joint ventures on third markets.
HBOR and KfW have to date signed six loan contracts worth more than
182 million euros. The loans are intended for the financing of small
and medium-size enterprises, tourism, municipal infrastructure
and the technological upgrading of shipyards.
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