OSIJEK, Sept 19 (Hina) - "Slavonska Banka dd Osijek" changed its statute at an emergency session Wednesday in order to adapt it to the statute of its majority share holder, Austrian Hypobank, and speed up the merger between the two
banks, expected to take place next year. It is estimated the merged Hypobank, which will cover the entire territory of Croatia, will be the third strongest banking system in the country. Slavonska banka's capital stock is 370 million kuna (USD45 million), and its majority share holder, Hypobank, owns 69 percent share.(hina) js
OSIJEK, Sept 19 (Hina) - "Slavonska Banka dd Osijek" changed its
statute at an emergency session Wednesday in order to adapt it to
the statute of its majority share holder, Austrian Hypobank, and
speed up the merger between the two banks, expected to take place
next year.
It is estimated the merged Hypobank, which will cover the entire
territory of Croatia, will be the third strongest banking system in
the country.
Slavonska banka's capital stock is 370 million kuna (USD45
million), and its majority share holder, Hypobank, owns 69 percent
share.
(hina) js