ZAGREB, April 3 (Hina) - Belgium's KBC Bank, Bank Austria Creditanstalt (part of the HVB banking group), and Erste Bank from Vienna have to date submitted their binding offers for the purchase of Rijecka Banka, the director of the
State Agency for the Insurance of Savings Deposits and Bank Rehabilitation (DAB), Marinko Filipovic, said Wednesday.
ZAGREB, April 3 (Hina) - Belgium's KBC Bank, Bank Austria
Creditanstalt (part of the HVB banking group), and Erste Bank from
Vienna have to date submitted their binding offers for the purchase
of Rijecka Banka, the director of the State Agency for the Insurance
of Savings Deposits and Bank Rehabilitation (DAB), Marinko
Filipovic, said Wednesday. #L#
He estimated that all three offers were very good and worthwhile and
that each was valued at more than EUR100 million. The offers are in
line with what we expected and include the infusion of additional
capital and purchase of shares from the state and small share-
holders, Filipovic told Hina.
DAB's Board is to decide on Friday about accepting one of these
offers, Filipovic said and announced that the sale of Rijecka Banka
should be finalised in some ten days.
(hina) sb sp