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BANKS OFFER ASSISTANCE TO GOVT AND HNB REGARDING ISTARSKA BANK

ZAGREB, March 28 (Hina) - Members of the Croatian Association of Banks on Tuesday offered assistance to the Government and the Croatian National Bank (HNB) in securing funds for the payment of savings investments of the Istarska Bank and the Cibalae Bank. "This way the regained trust on which this year's significant growth of savings in Croatian banking is founded will be maintained," the Association said in a statement after an Executive Board session Tuesday. It is clear to all that problems with liquidity, blockades or bankruptcy in banks sally the reputation of the entire banking industry. Banks gathered in the association are aware of their responsibility and need to take over the role of initiator of possible solutions, the statement said. The Association consists 13 banks representing three quarters of healthy banks in Croatia.(hina) lml jn
ZAGREB, March 28 (Hina) - Members of the Croatian Association of Banks on Tuesday offered assistance to the Government and the Croatian National Bank (HNB) in securing funds for the payment of savings investments of the Istarska Bank and the Cibalae Bank. "This way the regained trust on which this year's significant growth of savings in Croatian banking is founded will be maintained," the Association said in a statement after an Executive Board session Tuesday. It is clear to all that problems with liquidity, blockades or bankruptcy in banks sally the reputation of the entire banking industry. Banks gathered in the association are aware of their responsibility and need to take over the role of initiator of possible solutions, the statement said. The Association consists 13 banks representing three quarters of healthy banks in Croatia. (hina) lml jn

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