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AGREEMENT FOR SECOND PRIVATISATION STAGE OF PBZ SIGNED

ZAGREB, July 8 (Hina) - The Croatian agency for insuring savings deposits and the financial re-organisation of banks and ABN AMRO - the Privredna Banka Zagreb's (PBZ) privatisation advisor, on Thursday signed an agreement on the completion of the second stage of the privatisation of the PBZ, PBZ officials reported. The successful first privatisation stage included the gathering of relevant documentation as well as drafting an information memorandum. In line with the second stage of the privatisation, bids of foreign strategic investors will be gathered via international bid invitation which is to be announced in the Financial Times.(hina) it
ZAGREB, July 8 (Hina) - The Croatian agency for insuring savings deposits and the financial re-organisation of banks and ABN AMRO - the Privredna Banka Zagreb's (PBZ) privatisation advisor, on Thursday signed an agreement on the completion of the second stage of the privatisation of the PBZ, PBZ officials reported. The successful first privatisation stage included the gathering of relevant documentation as well as drafting an information memorandum. In line with the second stage of the privatisation, bids of foreign strategic investors will be gathered via international bid invitation which is to be announced in the Financial Times. (hina) it

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