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HNB GOVERNOR: HNB INCOME THIS YEAR TO AMOUNT TO 194 MILLION KUNA

ZAGREB, Sept 28 (Hina) - The income of the Croatian National Bank last year amounted to only three million kuna (US$0.36 million), while this year income should amount to 194 million kuna (US$23.1 million) which represents state budget's income, said HNB governor Zeljko Rohatinski in the Croatian national parliament Thursday. Presenting the HNB financial report for 1999 and the financial plan for 2000 to the House of Representatives, the governor said the situation in the Croatian banking system had significantly improved this year. The banking system is stabilised, therefore HNB income will increase by about 17 percent, and there will be no need for loan loss reserves for bankrupt banks, which caused problems to the HNB last year in its business activities, Rohatinski said. Rohatinski expects Sabor's support for HNB's financial plan for this year. In case MPs express dissatisfaction with the plan, Rohatin
ZAGREB, Sept 28 (Hina) - The income of the Croatian National Bank last year amounted to only three million kuna (US$0.36 million), while this year income should amount to 194 million kuna (US$23.1 million) which represents state budget's income, said HNB governor Zeljko Rohatinski in the Croatian national parliament Thursday. Presenting the HNB financial report for 1999 and the financial plan for 2000 to the House of Representatives, the governor said the situation in the Croatian banking system had significantly improved this year. The banking system is stabilised, therefore HNB income will increase by about 17 percent, and there will be no need for loan loss reserves for bankrupt banks, which caused problems to the HNB last year in its business activities, Rohatinski said. Rohatinski expects Sabor's support for HNB's financial plan for this year. In case MPs express dissatisfaction with the plan, Rohatinski offered his resignation. The first autumn session of the lower house was continued with reports of the central bank, and at the beginning of the session parliament speaker Zlatko Tomcic called on presidents of parliamentary committees to show more responsibility in their work. The committees failed to discuss topics on time, and the work of the parliament is now not in line with the agenda. (hina) it

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