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ZAGREBACKA BANK CONCLUDES BUSINESS YEAR 1998 WITH SUCCESS

ZAGREBACKA BANK CONCLUDES BUSINESS YEAR 1998 WITH SUCCESS ZAGREB, June 10 (Hina) - The Zagrebacka Bank Group ended its business year 1998 with US$26 million net profit, only two thirds of the profits it earned the year before. The bank itself earned US$28.8 million and the Assembly decided to pay US$7.7 million dividend to shareholders, while US$16.9 million will be deferred to the bank's reserves, the bank's told a shareholders' assembly Thursday.(hina) lml jn
ZAGREB, June 10 (Hina) - The Zagrebacka Bank Group ended its business year 1998 with US$26 million net profit, only two thirds of the profits it earned the year before. The bank itself earned US$28.8 million and the Assembly decided to pay US$7.7 million dividend to shareholders, while US$16.9 million will be deferred to the bank's reserves, the bank's told a shareholders' assembly Thursday. (hina) lml jn

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