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TOTAL ASSETS OF CROATIAN BANKING SYSTEM REACH EUR20.5 BILLION

ZAGREB, Nov 12 (Hina) - The share portion of foreign banks in the ownership structure of banks in Croatia has gone over 90 percent, but the share portion of four major banks in the total assets of the banking system has mildly decreased, according to latest data released by the Croatian National Bank (HNB).
ZAGREB, Nov 12 (Hina) - The share portion of foreign banks in the ownership structure of banks in Croatia has gone over 90 percent, but the share portion of four major banks in the total assets of the banking system has mildly decreased, according to latest data released by the Croatian National Bank (HNB). #L# The banking system's total assets came to 153.7 billion kuna in mid 2002, or by 5.2 billion kuna (i.e. 3.5 percent) more than at the end of 2001. The latest data on the ownership structure show that the part of foreign banks mildly rose from 89.3 percent at the end of last year to 90.1 percent in late June this year. Private Croatian banks have a part of 5.9 percent, while the remaining four percent in the ownership structure is held by the state-owned banks. The part of four major banks fell by one percent from the end of 2001 to 59 percent in late June. According to the same source, in late June, there were 23 foreign banks, 22 private Croatian banks and two state-owned banks in Croatia. (one euro = 7.48 kuna) (hina) ms

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