MOSTAR, April 26 (Hina) - The temporary manager of the Hercegovacka Banka, Toby Robinson, said in Mostar on Thursday there was a possibility the Hercegovacka Banka could soon start operating again.
MOSTAR, April 26 (Hina) - The temporary manager of the Hercegovacka
Banka, Toby Robinson, said in Mostar on Thursday there was a
possibility the Hercegovacka Banka could soon start operating
again. #L#
The bank stopped operating in April last year, following an
investigation into its transactions and the subsequent seizure of
more than a million documents of its documents with the help of the
international Stabilisation Force (SFOR).
Robinson said that the results of the investigation into the bank's
alleged illegal operations would be made public soon.
She also said that the bank could be reactivated by allowing the
mobile operator Eronet, which is now active only in the Croat areas
of the Federation of Bosnia-Herzegovina, to buy shares in the
bank.
If the bank is not reactivated, there are two other possibilities -
closure or sale, Robinson said, adding that she did not believe the
bank would be closed or sold.
(hina) rml sb