OSIJEK, May 3 (Hina) - The Commercial Court in Osijek on Monday initiated bankruptcy procedures against Gradska Banka and Zupanjska Banka. The account of Gradska Banka has been blocked for the past 113 days. Zupanjska Banka has been
frozen since November 2, 1998. The savings deposits by private persons in domestic currency and their counter value in foreign currencies up to US$14,300 kuna will be paid out in full by the State Agency for the Insurance of Savings Deposits and the Rehabilitation of Banks.(hina) sp/ha jn
OSIJEK, May 3 (Hina) - The Commercial Court in Osijek on Monday
initiated bankruptcy procedures against Gradska Banka and
Zupanjska Banka.
The account of Gradska Banka has been blocked for the past 113
days.
Zupanjska Banka has been frozen since November 2, 1998.
The savings deposits by private persons in domestic currency and
their counter value in foreign currencies up to US$14,300 kuna will
be paid out in full by the State Agency for the Insurance of Savings
Deposits and the Rehabilitation of Banks.
(hina) sp/ha jn