ZAGREB, March 26 (Hina) - The Croatian National Bank Council motioned the initiation of bankruptcy proceedings for the Neretva commercial bank and the Invest savings bank. After bankruptcy proceedings were suggested for four banks on
Thursday -- the Glumina Bank, Gradska Bank, Zupanjska Bank and Commercial Bank Zagreb, the final phase of solving the banking crisis in Croatia has started, Croatian National Bank governor Marko Skreb said on Friday. In line with legal provisions, the Agency for Insuring Investment Savings and the Financial Rehabilitation of Banks will begin the payment of insured money to the banks' clients six months from the initiation of bankruptcy proceedings, Skreb said.(hina) lml
ZAGREB, March 26 (Hina) - The Croatian National Bank Council
motioned the initiation of bankruptcy proceedings for the Neretva
commercial bank and the Invest savings bank.
After bankruptcy proceedings were suggested for four banks on
Thursday -- the Glumina Bank, Gradska Bank, Zupanjska Bank and
Commercial Bank Zagreb, the final phase of solving the banking
crisis in Croatia has started, Croatian National Bank governor
Marko Skreb said on Friday.
In line with legal provisions, the Agency for Insuring Investment
Savings and the Financial Rehabilitation of Banks will begin the
payment of insured money to the banks' clients six months from the
initiation of bankruptcy proceedings, Skreb said.
(hina) lml