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DIRECTOR: SPLITSKA BANKA HAS NO PROBLEMS

SPLITSKA BANKA HAS NO PROBLEMS SPLIT, April 15 (Hina) - The head of Splitska Banka's Management Board, Tomo Bolotin, on Monday denounced any problems in business operations by this largest Dalmatian financial institution.
SPLIT, April 15 (Hina) - The head of Splitska Banka's Management Board, Tomo Bolotin, on Monday denounced any problems in business operations by this largest Dalmatian financial institution. #L# "Splitska Banka conducts its business completely legitimately and is stable and there will be no events similar to those in Rijecka Banka because Splitska Banka is not involved in any speculative business," Bolotin told Hina. He added that Splitska Banka was a conservative bank that dealt exclusively with deposits and loans. Bolotin also stressed that the bank's business was given a positive assessment by foreign strategic partners following a detailed audit. On April 24 Splitska Banka will be officially taken over by Bank Austria Creditanstalt, a member of the HVB banking group. Bolotin further claimed that the situation at the counters is constantly being monitored and there was no indication of any outflow of savings. Last year, the bank saw a profit of 128 million kuna. (hina) sp rml

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