The HNB Council allowed the Turkish Eksen Holding Anonim Sirketi, based in Istanbul, to acquire more than 50 percent of shares in the stock capital of the Slavonski Brod-based Brod bank. It gave its consent to the appointment of Arsen Kantarci as this bank's management board president.
The council also greenlighted the indirect acquisition by the Investkredit Bank AG, headquartered in Vienna, of a majority interest in the stock capital in the Zagreb-based Volksbank d.d, pursuant to an internal reorganisation inside the parent Austrian bank group.